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Associate Manager-Insurance

4.00 to 8.00 Years   Dubai, United Arab Emirates   17 Aug, 2024
Job LocationDubai, United Arab Emirates
EducationMaster's degree
Salary$10,000 - $15,000
IndustryInsurance & TPA; Retail & Wholesale
Functional AreaNot Mentioned

Job Description

Job Summary

  • Insurance support to business units for credit insurance coverage for Open credit customer in assigned areas across the Group.
  • Effective coordination with Insurers/ BU?s
  • Facilitate timely renewal of insurance policies at optimum terms.
  • Timely and effective handling of overdue reporting, claim filing and settlement.
  • Provide timely information and MIS
  • Organization of awareness sessions.
Roles & Responsibilities
  • Ensure 100% insurance cover on specified policies for eligible customers on timely basis through reputed insurers.
  • Maintain data of various policies, claims , discounts, renewal information for current and previous years.
  • Preparation of quote slips and renewal recommendation.
  • Claim filing, document analysis and regular follow-up with BUs, insurers and surveyors to ensure timely claim settlement.
  • Provide inputs and guidance to BU?s through regular visits , meetings for claims and help improving risk profile.
  • Timely reconciliation/settlement of balances and filing of requisite declarations (stocks, profit, marine and fixed assets).
  • Preparation of monthly MIS and helping in issuance of quarterly report to BUs on sums insured and status of claims.
  • Coordination with insurers.

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