Associate Manager Insurance IFFCO Dubai

  • Full time
  • Dubai, UAE
  • Posted 1 week ago
  • 10000-20000 AED / Month

Associate Manager (Insurance) at IFFCO will be responsible for providing insurance support to business units for credit insurance coverage for open credit customer in assigned areas across the Group. The role holder effectively coordinate with Insurers/ BU’s. Facilitate timely renewal of insurance policies at optimum terms. This role will also be responsible for timely and effective handling of overdue reporting, claim filing and settlement. Providing timely information and MIS. Organizing awareness sessions. This is a mid level full time role. For this position salary can range between 10000 to 20000 AED/month. 

Responsibilities of An Associate Manager Insurance

  • Ensure 100% insurance cover on specified policies for eligible customers on timely basis through reputed insurers.
  • Maintain data of various policies, claims , discounts, renewal information for current and previous years.
  • Preparation of quote slips and renewal recommendation.
  • Claim filing, document analysis and regular follow-up with BUs, insurers and surveyors to ensure timely claim settlement.
  • Provide inputs and guidance to BU’s through regular visits , meetings for claims and help improving risk profile.
  • Timely reconciliation/settlement of balances and filing of requisite declarations (stocks, profit, marine and fixed assets).
  • Preparation of monthly MIS and helping in issuance of quarterly report to BUs on sums insured and status of claims.
  • Coordination with insurers.

Requirements For Associate Manager Insurance

The eligibility requirements for role of an Associate Manager Insurance are as under:

  • Bachelor degree in Finance or any functional stream.
  • 3-7 years of experience in reputed Credit insurance company suce as Euler/ Atradius/ Coface or Industry.
  • Knowledge of Credit Insurance coverage, polcies/ market.
  • Knowledge of handling all types of claims.
  • Strong interpersonal skills in dealing with Units/Insurers, Risk, Underwriting and claim teams.
  • Data analytical skills.

KPIs

  • Insurance management: 100% insurance cover for all assets.
  • Claim settlement within 30 days of eligilibity.
  • Awareness sessions.
  • Timely reconciliation , settlement of balances filing of overdue claims. timely updating claim position with insurers.
  • Maintaining updated policy and other key records for 5 years.
  • Insurance & claims guidance: providing inputs/guidance to BUs through regular interaction/visits.
  • Checking of policies/endorsements.
  • Monthly MIS.

Competencies

  • Communicating effectively.
  • Self and Team Management.
  • Planning & Decision Making.
  • Customer Centricity.
  • Ownership & Result Orientation.
  • Claims Management.
  • Risk Management.
  • Regulatory Framework Impacting Insurance.
  • Regulatory Compliance (internal & external).
  • Insurance Policy Clauses.

Executive Shopper Marketing IFFCO UAE

Associate Manager HR IFFCO UAE

To apply for this job please visit jobs.iffco.com.


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