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Associate Manager - Insurance

3.00 to 7.00 Years   Dubai, United Arab Emirates   15 Oct, 2024
Job LocationDubai, United Arab Emirates
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryFMCG; Retail & Wholesale; Trading & Commodity Trading
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 BUs 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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