Dy. General Manager / General Manager – General Insurance

Ostwal Group; Bhilwara; Presencial; INR 1 000 000 - 1 500 000; Tempo integral

Vantagens oferecidas por esta oferta de emprego

Competitive salary

Health insurance

Comprehensive training programs

Resumo da oferta

A leading industrial group in India seeks a skilled professional to manage its insurance strategy and risk management. The role involves developing and implementing insurance policies, managing claims, and ensuring compliance with regulatory standards. Candidates should have strong expertise in negotiating insurance terms, conducting risk inspections, and collaborating with various stakeholders. This position offers an opportunity to contribute to the company’s commitment to maintaining high safety and operational standards.

Qualificações

• Proven experience in insurance strategy development and execution.
• Strong knowledge of claims management and risk inspection procedures.
• Ability to liaise effectively with various stakeholders.

Responsabilidades

• Develop and implement the company’s general insurance strategy.
• Manage the end-to-end insurance lifecycle, including policy placement.
• Lead and manage insurance claims for timely settlement.

Conhecimentos

Insurance Strategy Development

Risk Management

Claims Management

Stakeholder Management

Compliance and Governance

Descrição da oferta de emprego

Key Responsibilities

1. Insurance Strategy & Risk Management:
   • Develop and implement the company’s general insurance strategy aligned with business risks.
   • Identify and evaluate risks related to:
     • Manufacturing plants
     • Hazardous chemicals
     • Storage & logistics
     • Environmental liabilities
     • Agro based Products
     • All type of related policies
   • Recommend appropriate insurance coverage (Property Damage, Business Interruption, Liability, Marine, etc.).
2. Policy Management:
   • Manage end-to-end insurance lifecycle: Policy placement & renewals, Coverage analysis, Sum insured adequacy.
   • Liaise with insurers, brokers, and surveyors to negotiate optimal premiums and terms.
   • Ensure policies comply with statutory and lender requirements.
3. Claims Management:
   • Lead and manage insurance claims.
   • Coordinate with internal teams, surveyors, and insurers for timely claim settlement.
   • Maintain claim documentation and ensure maximum admissibility.
4. Risk Inspection & Loss Prevention:
   • Conduct periodic risk inspections across plants and warehouses.
   • Drive loss prevention initiatives: Fire protection systems, Safety audits, Hazardous material handling compliance.
   • Work closely with EHS (Environment, Health & Safety) teams.
5. Compliance & Governance:
   • Ensure adherence to insurance regulatory norms, internal audit requirements, industry standards.
   • Maintain accurate insurance records and MIS reports.
6. Stakeholder Management:
   • Coordinate with internal departments (Operations, Finance, Legal, EHS), insurance companies & brokers, surveyors & loss assessors.
   • Support senior management in risk-related decision-making.
7. Budgeting & Cost Optimization:
   • Manage insurance budgets and track premium outflows.
   • Drive cost optimization through risk improvement measures, competitive bidding, policy restructuring.

Corporate Group

Ostwal Group of Industries has, over the past two decades, cemented its place as a leading player in India’s fertilizer sector through strategic backward integration and a diverse product portfolio. OGI is currently the largest fertilizer producer in Northern India, with a market capitalization of INR 4600 Crore. The group’s holding company, Ostwal Phoschem (India) Ltd (OPIL), maintains majority ownership in the following key subsidiaries:

• Krishana Phoschem Ltd (KPL)
• Madhiara Agro Products Ltd (MBA PL)
• Shri Gapatan Fertilizers Ltd (SGFL)
• Seasons International Pvt Ltd (SIPL)