Job Description – Insurance Executive (Off-Roll)

Experience: 3–7 Years
Employment Type: Off-Roll

Key Responsibilities

1. Insurance Coordination

• Coordinate with internal departments such as Finance, Operations, Projects, and Site Teams to collect required data and documents for insurance placement, renewals, and claims processing.
• Liaise with insurance companies, brokers, surveyors, and other stakeholders to ensure smooth execution of insurance activities.

2. Policy Placement & Administration

• Gather and validate information required for insurance policy placement.
• Support the preparation and submission of proposal forms and related documentation.
• Respond to underwriting queries and provide necessary risk-related information for policy issuance.

3. Risk Assessment Support

• Collect risk-related data from project sites and relevant departments.
• Coordinate with insurers' risk engineering teams for risk evaluation and implementation of recommendations.
• Assist in identifying suitable coverage requirements based on business needs.

4. Claims Management

• Coordinate with site teams, finance, and surveyors for claim documentation.
• Ensure timely submission of claim-related documents and follow up with insurers for claim settlement.
• Track claim status and maintain records of ongoing and closed claims.

5. Policy Renewals & Record Management

• Manage policy renewals and monitor policy expiry timelines.
• Review changes in business requirements and update RFQs accordingly.
• Maintain accurate insurance records, policy schedules, claim registers, and MIS reports.

Desired Candidate Profile

• Bachelor's degree in any discipline.
• 3–7 years of experience in corporate insurance, risk management, policy administration, or claims handling.
• Good understanding of insurance policies, underwriting processes, and claims management.
• Strong coordination, communication, and stakeholder management skills.
• Proficiency in MS Excel, Word, and documentation management.
• Experience in infrastructure, renewable energy, power, manufacturing, or similar industries will be preferred.