7 Insurance Law Jobs

Role : Senior Analyst-Claims Adjusting Work Mode : Hybrid Experience : 3+ Yrs Location : Pune, Mumbai, Bangalore, Kochi ******************************************************************************************* *IMMEDIATE JOINERS ALERT!* We're looking for candidates who can *join immediately*. If you're available, please *send your CV via WhatsApp only* to: * 9152808909* Please note: *No calls* will be entertained. ******************************************************************************************* Must Have : End to End Marine Claims Position Summary: Our company is seeking to hire a Senior Analyst-Claims Adjusting for Claims vertical. As the Senior Analyst - Claims Adjusting, you will be responsible for handling and execute all allocated claims in accordance with the company's documented service standards. Your role will involve investigation, evaluation, processing, disposition and settlement of claims. You will be responsible for fostering a culture of collaboration, continuous improvement, and customer focus within the shared services team. You will be interacting with the team who are present in any of the onshore locations. Exposure to Insurance regulations and laws, claims handling procedures and Risk management principles is a definite plus. ESSENTIAL RESPONSIBILITIES: Importance Major Action and Support Actions Investigate the circumstances surrounding marine incidents, such as collisions, groundings , or cargo damage. Assess the extent of damage to vessels, cargo, or freight, and estimate the cost of repairs or replacement. Appropriately document information on claim file Maintain effective and ongoing communication with various internal and external contact. Learn and follow best practices of clients as well as claims requirements, standards and practices as required by applicable state statutes. Ensure compliance with relevant maritime law and regulations Ensure adherence to regulatory requirements, industry standards, and company policies. Mitigate organizational risk, maintaining compliance and reputation Competency Description Technical 1. Insurance regulations and laws 2. Claims handling procedures 3. Risk management principles 4. Industry standards 5. Maritime law and regulations Soft Skills 1.Communication (verbal and written) 2. Negotiation and conflict resolution 3. Analytical and problem-solving 4. Planning & Prioritizing 5. Customer service and relationship-building 6. Collaboration and teamwork 7. Adaptability and flexibility Behavioral 1. Integrity and ethics 2. Results-driven and accountable 3. Customer-focused and empathetic 4. Competitive 5. Patient 6. Innovative Collaboration 1. Collaborative mindset 2. Effective communication 3. Adaptability and flexibility 4. Constructive feedback and conflict resolution 5. Commitment to team success EDUCATION AND EXPERIENCE Minimum Required Degree: Bachelor Preferred Degree: Bachelors degree in insurance or related field Certificate(s)/Special Training: Insurance industry certifications AIC, AINS, Cert CII or any other relevant Insurance certification Experience ( Career Level Guide) Minimum 2-3 years of experience in insurance claims handling Proven track record of successful claim resolutions and customer satisfaction. Strong knowledge of insurance regulations, policies, and procedures. KNOWLEDGE, SKILLS AND ABILITY: Knowledge, Claims Handling Ability: Investigate and analyze claims documentation Determine coverage and liability Negotiate settlements and resolve disputes Communicate effectively with insureds, claimants, suppliers and brokers Apply industry-standard claims handling procedures. Skills Claims investigation and analysis Effective communication and interpersonal skills Time management and organization Customer service and relationship-building Collaboration and teamwork Remarks This position is in a temperature-controlled office environment. The noise level in the work environment is usually light to moderate. This position is to work in a Hybrid model and depending on the need must be flexible to work from office/home/shift timings as required to accomplish their role. This job description is not intended to be an exhaustive list of the duties and responsibilities of this position. Additional duties not included on this job description may be assigned by management at any time, based upon the business needs of the Company. Employees must perform all such duties assigned to them as a condition of employment. Likewise, this job description does not alter the at-will nature of employment at the Company. The Company may review and update this job description from time to time, as deemed necessary or appropriate in its sole discretion.

Role : Senior Analyst-Marine Claims Work Mode : Hybrid Experience : 3+ Yrs Location : Pune, Mumbai, Bangalore, Kochi ******************************************************************************************* *IMMEDIATE JOINERS ALERT!* We're looking for candidates who can *join immediately*. If you're available, please *send your CV via WhatsApp only* to: * 9152808909* Please note: *No calls* will be entertained. ******************************************************************************************* Must Have : End to End Marine Claims Position Summary: Our company is seeking to hire a Senior Analyst-Claims Adjusting for Claims vertical. As the Senior Analyst - Claims Adjusting, you will be responsible for handling and execute all allocated claims in accordance with the company's documented service standards. Your role will involve investigation, evaluation, processing, disposition and settlement of claims. You will be responsible for fostering a culture of collaboration, continuous improvement, and customer focus within the shared services team. You will be interacting with the team who are present in any of the onshore locations. Exposure to Insurance regulations and laws, claims handling procedures and Risk management principles is a definite plus. ESSENTIAL RESPONSIBILITIES: Importance Major Action and Support Actions Investigate the circumstances surrounding marine incidents, such as collisions, groundings , or cargo damage. Assess the extent of damage to vessels, cargo, or freight, and estimate the cost of repairs or replacement. Appropriately document information on claim file Maintain effective and ongoing communication with various internal and external contact. Learn and follow best practices of clients as well as claims requirements, standards and practices as required by applicable state statutes. Ensure compliance with relevant maritime law and regulations Ensure adherence to regulatory requirements, industry standards, and company policies. Mitigate organizational risk, maintaining compliance and reputation Competency Description Technical 1. Insurance regulations and laws 2. Claims handling procedures 3. Risk management principles 4. Industry standards 5. Maritime law and regulations Soft Skills 1.Communication (verbal and written) 2. Negotiation and conflict resolution 3. Analytical and problem-solving 4. Planning & Prioritizing 5. Customer service and relationship-building 6. Collaboration and teamwork 7. Adaptability and flexibility Behavioral 1. Integrity and ethics 2. Results-driven and accountable 3. Customer-focused and empathetic 4. Competitive 5. Patient 6. Innovative Collaboration 1. Collaborative mindset 2. Effective communication 3. Adaptability and flexibility 4. Constructive feedback and conflict resolution 5. Commitment to team success EDUCATION AND EXPERIENCE Minimum Required Degree: Bachelor Preferred Degree: Bachelors degree in insurance or related field Certificate(s)/Special Training: Insurance industry certifications AIC, AINS, Cert CII or any other relevant Insurance certification Experience ( Career Level Guide) Minimum 3 years of experience in insurance claims handling Proven track record of successful claim resolutions and customer satisfaction. Strong knowledge of insurance regulations, policies, and procedures. KNOWLEDGE, SKILLS AND ABILITY: Knowledge, Claims Handling Ability: Investigate and analyze claims documentation Determine coverage and liability Negotiate settlements and resolve disputes Communicate effectively with insureds, claimants, suppliers and brokers Apply industry-standard claims handling procedures. Skills Claims investigation and analysis Effective communication and interpersonal skills Time management and organization Customer service and relationship-building Collaboration and teamwork Remarks This position is in a temperature-controlled office environment. The noise level in the work environment is usually light to moderate. This position is to work in a Hybrid model and depending on the need must be flexible to work from office/home/shift timings as required to accomplish their role. This job description is not intended to be an exhaustive list of the duties and responsibilities of this position. Additional duties not included on this job description may be assigned by management at any time, based upon the business needs of the Company. Employees must perform all such duties assigned to them as a condition of employment. Likewise, this job description does not alter the at-will nature of employment at the Company. The Company may review and update this job description from time to time, as deemed necessary or appropriate in its sole discretion.

Key Responsibilities: (*IRDAI Compliances *Governance *Annual Reports *Statutory *NBFC *Companies Act *Legal Compliances *Drafting & Vetting *Due Diligence) Obtaining License from IRDAI Managing BQP registration, POSP agreements, POSP Data filing and Broker Code creation. Timely filing of returns/disclosures to IRDAI. Drafting of KYC, Grievance redressal mechanism and other policies. Communicate & arrange various data from Investors. Various ROC Filing, like SH-7, DIR-12, MGT-6, AOC-4, MGT-7 Etc. Drafting of Minutes, resolutions and preparing statutory registers. Downstream Investment reporting with RBI. Dealing with Bankers, vendors and authorities. Drafting on various policies as required under various regulations. Assisting in implementing the Compliance tool. Single handedly working on obtaining an NBFC license. Keeping track of FDI, FATF, and other updates. REQUIREMENTS 7 or 8+ yrs. of experience after completing the Company Secretary Experience in an NBFC/ INSURANCE based company is needed with focus on IRDAI licensing. Knowledge of MS- Office, MCA, RBI, CIBIL, CERSAI and IRDAI. Excellent articulation, communication and interpersonal skills. Passion to work in a high growth environment in a high ownership numbers-driven role.

VP role at Reliance Nippon - Review of product specification for new products -Preparing response to IRDAI queries on filing - Performing analysis of individual and group pricing models - Preparing filing documents to be submitted to IRDAI/PMC

1. Ensure smooth functioning of the property 2. Property management and maintenance 3. Regularly inspect the property 4. Co-ordinate with local authorities 5. Responsible for overall upkeep of the site 6. Awareness of regulatory and legal compliance

Job Description Compliance Manager Position: Sr. Compliance Manager Location: Pune Role Overview: The Compliance Manager will be responsible for ensuring that the company adheres to all applicable insurance laws, regulations, and internal policies. The role involves monitoring regulatory changes, implementing compliance programs, conducting risk assessments, and providing strategic legal guidance to mitigate compliance risks. Key Responsibilities: Regulatory Compliance & Risk Management: - Monitor, interpret, and ensure compliance with all applicable insurance laws, regulations, and guidelines issued by regulatory bodies (e.g., IRDAI, SEBI, RBI, or other relevant authorities). - Develop, implement, and oversee compliance policies, procedures, and frameworks to align with industry standards and company objectives. - Conduct regular risk assessments and implement mitigation strategies to minimize legal and regulatory risks. - Ensure timely reporting and filings with regulatory authorities. Policy Implementation & Internal Controls: - Draft, update, and implement compliance policies and standard operating procedures (SOPs) in line with regulatory requirements. - Conduct internal audits and compliance reviews to assess adherence to policies and recommend corrective actions. - Work closely with business teams to ensure that new products, processes, and initiatives comply with regulatory requirements. Training & Awareness: - Develop and conduct compliance training programs for employees to enhance awareness of regulatory obligations. - Provide advisory support on compliance-related matters to internal stakeholders, including senior management. Regulatory Engagement & Reporting: - Act as a liaison between the company and regulatory bodies, responding to queries and ensuring smooth communication. - Prepare and submit regulatory reports, disclosures, and compliance certifications. - Keep the leadership team informed about regulatory developments and compliance risks. Investigations & Incident Management: - Conduct internal investigations related to compliance breaches and recommend appropriate actions. - Handle customer complaints, fraud investigations, and whistleblower cases in accordance with regulatory protocols. Qualifications: - Bachelors or Masters degree in Law (LL.B./LL.M.), Finance, Business Administration, or a related field. - Certifications in Compliance, Risk Management, or Corporate Governance (e.g., CCEP, ICA, CRCM) are a plus. Experience: - 10-12 years of experience in Compliance, Legal, or Risk Management roles within the insurance or financial services industry. - Strong understanding of insurance regulations, corporate governance, and risk management frameworks. - Experience working with regulatory bodies and handling audits, inspections, or investigations. Skills & Competencies: - In-depth knowledge of insurance laws, IRDAI guidelines, AML regulations, and corporate governance principles. - Strong analytical, problem-solving, and decision-making abilities. - Excellent communication and stakeholder management skills. - Ability to work independently and collaboratively in a fast-paced environment.

This vacancy is for leading Life Insurance Company supported by Indias biggest PSU bank. This will be for Banca Channel. Responsibilities Bancassurance Sales Strategy: Develop and implement a comprehensive sales strategy for the Bancassurance channel in alignment with the companys overall sales objectives Set ambitious sales targets and develop plans to achieve them Relationship Management: Build and maintain strong relationships with partner banks, including key decision-makers and stakeholders Collaborate with bank representatives to understand their business goals, customer needs, and market dynamics Work closely with the banks sales teams to train, motivate, and support them in promoting insurance products to their customers Monitor market trends, competitor activities, and customer preferences to identify sales opportunities and adapt sales strategies accordingly Collaborate with the marketing team to develop and implement promotional campaigns and sales support materials Product Knowledge and Training: Stay updated on insurance products, industry trends, and regulatory requirements Provide training and product knowledge sessions to bank employees to enhance their understanding of insurance offerings and enable effective cross-selling Sales Performance Analysis: Analyze sales data, performance metrics, and key performance indicators (KPIs) to evaluate the effectiveness of sales strategies and activities Identify areas of improvement and implement corrective actions to achieve sales targets Compliance and Risk Management: Ensure compliance with regulatory requirements, internal policies, and industry standards Stay updated on insurance laws and regulations affecting the Bancassurance channel Implement effective risk management practices to mitigate operational and compliance risks associated with sales activities Relationship with Insurance Providers: Foster strong relationships with insurance providers and underwriter