Manager Group Insurance

Position:

Department:

Location:

Reports to:

Job Objective:

• Oversee the Insurance requirements of the ACG Group including its foreign subsidiaries

Primary responsibilities:

• Renewal of Insurance policies of all businesses including foreign subsidiaries
• Negotiations of premiums, terms and conditions of the insurance policies.
• Settlements of claims in event of any losses.
• Ensuring renewal data are collected from stakeholders and sent to insurance companies/Broker for quotations.
• Regular Risk inspection of Plants is conducted through Insurance companies/brokers and follow up with businesses for its implementation as suggested and recommended in the reports.
• Co-ordinations with all stakeholders for all insurance related matters.

Key Interfaces:

Internal Interfaces

• Sales team
• Finance and accounts.
• Logistic.
• Operation team of the plant.
• Corporate /Local HR

External Interfaces

• Insurance companies.
• Insurance Brokers.
• Insurance Surveyors.

Desired Competencies:

• In depth Knowledge of general insurance
• Result Oriented
• Well adverse with overseas insurances placements.
• Cross Functional Skills
• Knowledge of various General insurance policies both domestic and International, Especially Liability policies. Well adverse with its coverages and exclusions
• Communication Skills
• Settlement of claims. Skills to handle and deal with surveyor and Insurance co.
• Dealing with International Brokers
• Learning Agility
• Negotiations of premium with adequate coverages
• Stakeholder Management

Educational and Experience Requirements:

• Professional degree OR certification course in General insurance from any recognized Institute, preferably from Insurance Institute of India.
• Minimum 12 -15 years. Ideally in a corporate environment or from a Insurance company/Broker.
• Very good working knowledge of MS Office tools.
• Hand on knowledge while dealing with Brokers/Insurance companies.