Industrial Claim Executive

4 years

1 Lacs

Posted:3 weeks ago| Platform: SimplyHired logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Job Summary:

We are seeking a proactive and analytical Industrial Claim Executive to handle claims related to industrial insurance policies such as Fire, Engineering, Property, and Machinery Breakdown. The candidate should be experienced in coordinating with surveyors, clients, and internal teams to ensure timely and fair settlement of claims while maintaining accuracy and compliance with policy terms.

Key Responsibilities:

  • Register, track, and manage industrial insurance claims (Fire, Burglary, Machinery Breakdown, etc.).
  • Scrutinize claim intimation and documents submitted by clients.
  • Coordinate with surveyors, loss adjusters, and third parties for inspection and assessment.
  • Verify policy coverage, terms, deductibles, and sum insured before processing claims.
  • Prepare internal claim notes and ensure timely approval and settlement.
  • Maintain claim records, documentation, and system entries.
  • Communicate with clients and intermediaries regarding claim status and requirements.
  • Follow up for pending documents, clarification, or surveyor reports.
  • Assist in claim recovery, subrogation, or salvage-related work where applicable.
  • Ensure compliance with IRDAI and company regulations during claim processing.

Required Qualifications & Skills:

  • Graduate in any discipline (Engineering or Commerce preferred).
  • 1–4 years of experience in industrial claims handling in general insurance, TPA, or broking firm.
  • Good knowledge of industrial insurance policies and claim procedures.
  • Familiarity with claim systems, Excel, and internal reporting tools.
  • Strong analytical and documentation skills.
  • Ability to handle multiple claims and meet deadlines.
  • Good communication and coordination abilities (verbal & written).
  • Willingness to travel for site visits, if required.

Job Type: Full-time

Pay: ₹12,000.00 - ₹15,000.00 per month

Schedule:

  • Day shift

Work Location: In person

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