Insurance Lead

Insurance Lead

Role includes:-

• Develop and maintain a comprehensive insurance strategy covering all business units, subsidiaries, and projects; review, negotiate, and renew insurance policies, ensuring optimal coverage and competitive premiums.
• Evaluate new insurance needs arising from business expansion, new projects, or acquisitions.
• Ensure timely placement and renewal of policies in coordination with brokers and underwriters.
• Oversee the end-to-end claims process — notification, documentation, coordination with insurers, and settlement.
• Maintain records of all open and closed claims and analyze claim trends to reduce future exposure.
• Provide regular reporting to management on claims status and recovery outcomes.
• Identify and assess insurable risks across the organization and recommend appropriate mitigation measures.
• Ensure compliance with local and international insurance regulations and company policies.
• Support internal and external audits by providing insurance-related documentation and reports.
• Manage employee medical and life insurance schemes, including plan design, renewals, and performance evaluation.
• Act as the primary point of contact for all insurance-related matters with brokers, insurers, and internal departments.
• Prepare management reports and recommendations on coverage adequacy, claims performance, and renewal strategy.

Experience and Education:-

• Bachelor’s degree in Business Management, Risk Management, Finance, or a related field (master’s degree preferred). Minimum 5–7 years of experience in corporate insurance management, with exposure to multiple lines of coverage.
• Preferred. Professional certifications such as AIII or ACII, or equivalent are highly desirable.
• Strong knowledge of local and international insurance markets, policy wordings, and compliance requirements.
• Proven experience handling claims, renewals, and broker/insurer negotiations.