Finance & General Insurance Associate

Job Purpose Assist the global insurance manager in placement of insurance policies for all Countries of operation for various risks in coordination with internal stakeholders and manufacturing sites / office through analysis and information conciliation. Job Context & Major Challenges To minimize redundant / unsecured risk, review and periodic interaction with sites Collating the renewal data from sites Insurance and Claims Basics and knowledge of different policies- EAR/CAR, IAR, Liability, Cyber Coordination between sites and understanding laws/compliance in countries of operations related to insurance covers/limits. 4) Principal Accountabilities Assist/Support in placement of Global & Local Policies - 40% Assist and Coordinate with site, insurers, & brokers, ensuring correct Sum Insured Identify cover enhancement based on market situation, budget & business needs. Suggest avenues to optimize Insurance Portfolio/ Assist in optimizing Insurance portfolio- 30% Scheduling /coordinate for Valuation of Assets Coordinate for Benchmarking with peers/industry Assisting for Risk Management & Improvement - 10% Tracking & Coordinating with Global HSE & Insurers on Risk Recommendations Record Management of Insurance Portfolio - 10% Record keeping on Share Point Tracking of renewals, addition of new assets etc. Maintaining Risk Register Following-up on Claims - 10% Understanding of Policy clauses Cross Functional working/coordination Show more Show less