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Assistant Vice President- Commercial claims

HDFC ERGO GIC Ltd
Experience
10 to 15 years
Locations
Mumbai
Website
Not Specified
Disabilities
Not Specified
Department
Finance & Accounting
Industry
Banking, Financial Services, and Insurance (BFSI)
Educational qualification
Bachelors
Posted 3 weeks ago
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Job Description

  • Ensuring claims settlement ratio across Fire, Marine, Eng & misc
  • Ensuring claim settlement within least possible time ( Paid ageing same day & < 30 days )
  • Adequate reserve maintaining, Review and revision on regular basis. 
  • Ensuring overall claims TAT as per company norms( Deputation of surveyor, processing, settlement etc., ) 
  • Team development/Guiding
  • Controlling and maintaining lowest outstanding claims as per company norms
  • Any Graduate preferably with Insurance qualification( Fellowship/Associate in General insurance)
  • Overall experience 10 to 12 years
  • Commercial claims handling – In depth experience on Fire, Marine, Eng & miscellaneous claim handling from End to End( Large claims handling experience prefered)
  • Monitoring surveyor performance, Guiding on policy coverages
  • Auditing claim files pre and post settlement
  • Guiding team members 
  • Understanding of new products for filing claims Manual/Regulator submissions
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