Job Details

Purpose:

• Head Insurance has independent charge of the portfolio and is expected to drive cost effective insurance coverage of assets and liabilities incurred, across multiple locations.
• He needs to understand the risk profile of the Business and explore and evaluate risk covers available. He needs to work with business owners across locations to increase insurance awareness and improve claim collection efficiency.
• The Head is also expected to strengthen the insurance buying process in line with Company standards, ensuring efficiency and transparency to create value. Many of these improvements will include automation and digitisation.
• The Head will have a team of 2-3 people and he needs to build and manage a motivated team

Responsibilities:

• To ensure cost effective insurance of the company’s assets and liabilities
• To strengthen processes and controls in insurance buying line with Company's governance standards and procurement processes
• To improve overall claim collection efficiency
• To understand market practices and risk covers available to drive improvements in risk coverage
• To build and manage a motivated and experienced team

• Good understanding of insurance covers, market players and underwriting practises
• 20+ years of work experience
• Independent handling of insurance portfolio for a large company with an asset base of atleast Rs. 25000crs.
• Good understanding of insurance covers, market players and underwriting practise
• Business acumen
• Drive for results
• High ethical standards
• Leadership skills

Reference ID - GH/EPC/JC//12122019//88278/Head Corporate Insurance