VP-Insurance Claims and Risk Management
Michael Page
- Hyderabad, Telangana
- Permanent
- Full-time
- Develop and implement investment strategies for the insurance portfolio, aligned with risk tolerance and return objectives.
- Develop and implement a strategic asset & employee insurance program aligned with the company's overall goals and objectives.
- Manage the financial performance of the asset insurance division, including budgeting, forecasting, and financial reporting.
- Improve claims management process to ensure timely and fair resolution of claims while minimizing financial losses for the company.
- Stay abreast of industry trends, legislative changes, and best practices to ensure compliance and maximize program effectiveness.
- Identify, assess, and manage risks associated with insuring assets, including property, equipment, and other valuables. Develop risk mitigation strategies to protect the company's assets and financial interests.
- Conduct thorough research and analysis to select the most appropriate insurance carriers and vendors, negotiating competitive rates and terms.
- Oversee the underwriting process to ensure that insurance policies are priced appropriately based on risk factors and market conditions.
- Build and maintain strong relationships with insurance brokers, carriers, and other vendors.
- Ensure compliance with all relevant regulations and industry standards governing asset insurance
- Minimum of 20 years of experience in employee benefits management, with at least 5 years in a leadership role.
- Excellent negotiation and communication skills.
- Ability to build and maintain strong relationships with internal and external stakeholders.
- Data-driven approach to decision-making with strong analytical skills.
- Leadership skills with the ability to motivate and mentor a team.
- Ability to work independently and as part of a team in a fast-paced environment.
- Vendor Management & Team Management skills.
- CA, ICWA, MBA (Finance) from a reputed institute preferable