Non Motor Claims-assistant Manager Job in Axiom Pursuits

Non Motor Claims-assistant Manager

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Job Summary

What You Will Do Claims operations On monthly basis, monitor key performance parameters such as a. Claims settlement TAT b. Claim Settlement Ratio c. Efficiency ratio, etc. Track deviations against set targets and identify reasons for deviations. Closely monitor and control the high ageing open claims, including co-insurance claims Review the reserve revisions for Non-Motor claims in the zone. Enter into a discussion and negotiation with the surveyor and the client in order to obtain his consent and release payment accordingly To keep liaison with other departments Co-ordinate with Surveyor/Investigator Recommend head office to empanel service provider, after taking market feedback. Appoint appropriate surveyor and other service providers to carry out survey and assessment of loss, of reported claims. Monitor claims assessment and inspection conducted by surveyors in alignment with companies claims guidelines Maintain effective professional relationship with all the service providers including surveyors. Claims Review and Approval Study the claim related files such as brief, mandatory documents, survey reports and team leader/member recommendations for approval/advice Review and approval of claims up to DOA for all Non Motor LOBs Review and approve the repudiation cases up to DOA Recommend claims above DOA to the superior/NHOD for approval/repudiation. Team development Establish individual performance expectations for team members and regularly review them performance in discussions with superior/NHOD Conducting the need-based training program for the development of the team members on all product and processes

Experience Required :

3 to 6 Years

Vacancy :

2 - 4 Hires

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