GM Fraud Risk Management

As a Fraud Risk Control Manager at Kshema General Insurance Limited, your primary responsibility will be to act as a nodal officer and oversee policies and areas susceptible to anti-selection practices, focusing on prevention, detection, and investigation. Your key responsibilities will include early detection of suspicious cases during the new business login stage across all lines of business, analyzing adverse cases to enhance fraud detection mechanisms, establishing risk guidelines to mitigate adverse selection risks, evaluating existing control mechanisms for effectiveness against known frauds, creating fraud/misrepresentation dashboards, conducting investigations and preparing detailed reports, carrying out field visits as required, coordinating with internal departments and external authorities for information gathering and fraud investigations, collaborating with industry bodies for fraud-related matters, and facilitating the Fraud Risk Management Committee. To qualify for this role, you should hold an MBA/CA/Engineering degree with a minimum of 10-12 years of relevant experience in Fraud Risk control management. You should possess a strong understanding of organizational systems, processes, and products, as well as functional competencies in risk prevention and detection specifically within the agri insurance domain, regulatory knowledge related to field risks and investigation processes, and analytical skills for risk analytics. Moreover, you are expected to demonstrate executive excellence, effective collaboration skills, and the ability to work seamlessly with various stakeholders to strengthen fraud prevention and detection mechanisms within the organization. Join us at Kshema General Insurance Limited to contribute towards safeguarding the interests of farmers and cultivators by combatting fraud effectively.,