Head General Insurance

Virtuous Advisors & Resources; Punjab; Vor Ort; PKR 2.000.000 - 6.000.000; Vollzeit

Zusammenfassung

Virtuous Advisors & Resources is seeking a Head Insurance to lead the Group's insurance portfolio and risk management framework across all assets, operations, and locations. The role works with leadership, insurers, brokers, and stakeholders to optimize coverage and minimize risk exposure.

Responsibilities include developing strategy, renewals, claims management, budgeting, MIS, and risk reporting. Candidates should have extensive corporate insurance experience, strong negotiation, and proven

Qualifikationen

• Professional certifications in Insurance, Risk Management, or related fields will be an advantage.
• Strong understanding of corporate insurance programs, risk assessment, and risk mitigation practices.
• Expertise in property, liability, marine, employee benefits, cyber, and specialty insurance products.
• Proven experience in insurance policy structuring, renewals, and claims management.
• Strong negotiation, analytical, and problem-solving skills.
• Excellent stakeholder management and cross-functional collaboration abilities.
• Proficiency in risk reporting, insurance analytics, and budgeting.
• Strong communication and presentation skills.

Aufgaben

• Develop and implement the Group's insurance and risk management strategy.
• Identify, assess, and mitigate operational, financial, asset, and logistics-related risks.
• Manage insurance programs covering property, fire, marine, transit, liability, employee benefits, cyber, D&O, and business interruption risks.
• Ensure adequate insurance coverage across all Group entities and business locations.
• Lead insurance policy renewals, negotiations, and placements with insurers and brokers.
• Drive effective claims management, including claim assessment, documentation, negotiations, and settlements.
• Conduct periodic risk assessments and recommend appropriate risk mitigation measures.
• Monitor insurance market trends and evaluate new products and coverage options.
• Ensure compliance with statutory, regulatory, and corporate governance requirements related to insurance.
• Prepare insurance budgets, monitor premium costs, and identify opportunities for optimization.
• Develop MIS, risk reports, and management presentations for senior leadership.
• Build and maintain strong relationships with insurance companies, brokers, surveyors, and consultants.

Kenntnisse

Negotiation

Analytical

Problem-solving

Stakeholder management

Cross-functional collaboration

Insurance analytics

Budgeting

Communication

Presentation skills

Ausbildung

Bachelor's/Master's degree in Commerce, Finance, Business Administration, Risk Management, Insurance, or related discipline

Jobbeschreibung

Head Insurance

Location: Punjab

About the Role:

The Head Insurance will be responsible for managing the Group's overall insurance portfolio

and risk management framework. The role involves ensuring adequate insurance coverage

for all assets, business operations, employees, and logistics activities while minimizing risk

exposure and optimizing insurance costs. The incumbent will work closely with leadership,

business units, insurers, brokers, and external stakeholders to develop effective risk

mitigation strategies and drive seamless claims management across the organization.

Key Responsibilities:

Develop and implement the Group's insurance and risk management strategy.

Identify, assess, and mitigate operational, financial, asset, and

logistics-related risks.

Manage insurance programs covering property, fire, marine, transit, liability,

employee benefits, cyber, D&O, and business interruption risks.

Ensure adequate insurance coverage across all Group entities and business

locations.

Lead insurance policy renewals, negotiations, and placements with insurers

and brokers.

Drive effective claims management, including claim assessment,

documentation, negotiations, and settlements.

Conduct periodic risk assessments and recommend appropriate risk

mitigation measures.

Monitor insurance market trends and evaluate new products and coverage

options.

Ensure compliance with statutory, regulatory, and corporate governance

requirements related to insurance.

Prepare insurance budgets, monitor premium costs, and identify opportunities

for optimization.

Develop MIS, risk reports, and management presentations for senior

leadership.

Build and maintain strong relationships with insurance companies, brokers,

surveyors, and consultants.

Key Skills

Professional certifications in Insurance, Risk Management, or related fields

will be an advantage.

Strong understanding of corporate insurance programs, risk assessment, and

risk mitigation practices.

Expertise in property, liability, marine, employee benefits, cyber, and specialty

insurance products.

Proven experience in insurance policy structuring, renewals, and claims

management.

Strong negotiation, analytical, and problem-solving skills.

Excellent stakeholder management and cross-functional collaboration

abilities.

Proficiency in risk reporting, insurance analytics, and budgeting.

Strong communication and presentation skills.

Preferred Industry Background

Candidates from large manufacturing, engineering, industrial products,

textiles, auto components, FMCG, logistics, infrastructure, or diversified

business groups will be preferred. Experience in organizations with significant

asset bases and complex supply chain operations will be an added

advantage.

Qualifications and Experience

Bachelor's/Master's degree in Commerce, Finance, Business Administration,

Risk Management, Insurance, or a related discipline.

12-20 years of relevant experience

in Corporate Insurance, Risk

Management, Insurance Broking, or Insurance Advisory, with exposure to

handling insurance requirements at an enterprise or group level.

Prior experience leading insurance functions for large organizations is highly

desirable.