Insurance Manager
Royal Enfield
Job Description
โ Corporate insurance policy placements for liability, marine, property, crime & cyber, employee medical & life โ Broker evaluation, preparation of RFQ and negotiation with brokers for better coverage and rates. โ Review & negotiation of policy wordings to ensure corporate risks are covered adequately โ Timely endorsement for additions / deletions and maintaining adequate caution deposits โ Prepare right claim documentation and submit promptly to the insurance companies โ Coordinate with all stakeholders to ensure timely settlement of all losses / claims โ Contribute to and enhance overall risk management initiatives taken by the company โ Accounting and reconciliation of expenses, payments made and deposit balances with insurance companies โ Monitor and resolve the issues faced by functional teams (Business, HR, Secretarial etc) โ Ideation and execution of cost reduction / loss mitigation strategies โ Liaise with internal and external auditors for various audit processes