Insurance Coordinator

Role Overview: As an Insurance Coordinator, your role involves coordinating with insurance providers to obtain quotes, renewals, and coverage details. You will assist in reviewing and evaluating insurance policies to ensure adequate coverage. It is important to maintain and update records of all insurance policies, claims, and related documents. Additionally, you will guide employees or clients on insurance-related queries and resolve concerns. Your responsibility also includes facilitating and monitoring the insurance claim process, ensuring timely submission and settlement. You will be required to prepare reports on insurance utilization, claims, and policy renewals for management. Ensuring compliance with organizational policies and regulatory requirements is crucial. Developing and maintaining strong relationships with insurance agents, brokers, and providers is essential. Supporting HR/Finance departments in employee benefit insurance such as health, medical, and life insurance will also be part of your duties. Staying updated on industry trends, new products, and regulatory changes is necessary for this role. Key Responsibilities: - Coordinate with insurance providers to obtain quotes, renewals, and coverage details. - Review and evaluate insurance policies to ensure adequate coverage. - Maintain and update records of all insurance policies, claims, and related documents. - Guide employees or clients on insurance-related queries and resolve concerns. - Facilitate and monitor the insurance claim process, ensuring timely submission and settlement. - Prepare reports on insurance utilization, claims, and policy renewals for management. - Ensure compliance with organizational policies and regulatory requirements. - Develop and maintain strong relationships with insurance agents, brokers, and providers. - Support HR/Finance departments in employee benefit insurance such as health, medical, and life insurance. - Stay updated on industry trends, new products, and regulatory changes. Qualifications Required: - Bachelor's degree in Business Administration, Finance, Insurance, or a related field. - Prior experience in insurance coordination, claims, or related roles (1-3 years preferred). - Strong knowledge of insurance policies, procedures, and compliance requirements. - Excellent communication and interpersonal skills. - Strong organizational and record-keeping abilities. - Proficiency in MS Office (Excel, Word, Outlook). - Attention to detail and problem-solving skills.,