Deputy Manager/Manager-Insurance

Shyam Steel; Kolkata District; On-site; INR 800,000 - 1,400,000; Full time

Job summary

Shyam Steel is seeking a Deputy Manager-Insurance to manage policy renewals, coordinate with insurers, brokers, and loss adjusters, and oversee risk assessments and new policy acquisitions. The role requires deep knowledge of various insurance lines and strong cross-functional collaboration.

Responsibilities include claims handling, risk valuation, RFQ preparation, and ensuring timely premium payments while maintaining policy renewals and renewals across the portfolio.

Qualifications

• Knowledge of Insurance process and documentation.
• Business awareness and industry knowledge.
• Ability to drive cross functional team for common objectives.
• Comprehensive knowledge of Insurance coverages, wordings and pricing methodologies.
• Good knowledge of the Indian insurance market.
• Good understanding of technical underwriting, underwriting and processes.

Responsibilities

• Policy renewal - RFQ float, Quotations & placement.
• Property Fire, IAR policies, FLOP, MLOP, EAR & CAR policies, CPM, Marine & STOP policies, Motor and Liability policies.
• Claims related to above-mentioned policies specifically Fire, MBD, Marine.
• Valuation & Risk Inspections.
• Dealing with Insurers, Brokers & Loss Adjusters.
• Coordinate with team members for finalization of different insurance policies.
• Coordinate with Project Managers and team members to understand risks and take new Insurance Policies as per requirement.
• Overseeing the Insurance portfolio New Insurance Policies and Renewals.
• Regular monitoring of policies to be renewed and timely premium payments.
• Coordinate with Insurance companies and brokers for best possible quotes.
• Identifying & Understanding Risk, Preparing RFQ and Comparative, Negotiating with Insurers regarding pricing, terms & conditions.
• Evaluate and present the risk to insurance companies, suggesting additional covers depending on requirement.
• Identifying risk exposures, the insurance requirements and providing insurance solutions.
• Coordinate with various departments to gather data for issuance of new policies.
• Interact with various departments from time to time to understand their concerns and identify improvement areas.
• Have a good understanding of Insurance tariff.
• Managing Insurance claims.
• Discussion with insurer Brokers, Surveyors and TPA.
• Valuation, Risk Inspection, Spot Surveys, Claim Preparation & Settlement.

Skills

Cross-functional leadership

Insurance knowledge

Underwriting

Pricing methodologies

Indian insurance market

Documentation

Education

B.com

Job description

Deputy Manager-Insurance

Key Responsibilities:-

• Policy renewal - RFQ float, Quotations & placement
• Property Fire, IAR policies, FLOP, MLOP, EAR & CAR policies, CPM, Marine & STOP policies, Motor and Liability policies
• Claims related to above-mentioned policies specifically Fire, MBD, Marine
• Valuation & Risk Inspections
• Dealing with Insurers, Brokers & Loss Adjusters
• Coordinate with team members for finalization of different insurance policies
• Coordinate with Project Managers and team members to understand risks and take new Insurance Policies as per requirement
• Overseeing the Insurance portfolio New Insurance Policies and Renewals
• Regular monitoring of policies to be renewed and timely premium payments
• Coordinate with Insurance companies and brokers for best possible quotes
• Identifying & Understanding Risk, Preparing RFQ and Comparative, Negotiating with Insurers regarding pricing, terms & conditions
• Evaluate and present the risk to insurance companies, suggesting additional covers depending on requirement.
• Identifying risk exposures, the insurance requirements and providing insurance solutions.
• Coordinate with various departments to gather data for issuance of new policies
• Interact with various departments from time to time to understand their concerns and identify improvement areas
• Have a good understanding of Insurance tariff
• Managing Insurance claims
• Discussion with insurer Brokers, Surveyors and TPA.
• Valuation, Risk Inspection, Spot Surveys, Claim Preparation & Settlement.

Required:

• Knowledge in Insurance Process and documentation
• Business awareness and industry knowledge
• Ability to drive cross functional team for common objectives.
• Comprehensive knowledge of Insurance coverages, wordings and pricing methodologies.
• Good knowledge of the Indian insurance market
• Good understanding of technical underwriting, underwriting and processes

Experience:

• 5-8 Years

Education:

• B.com