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19/03 Shwetali Surve
Manager at Axis Bank

Views:321 Applications:68 Rec. Actions:Recruiter Actions:20

Axis Bank - Manager/Senior Manager - Central Procurement - Insurance Vertical (4-8 yrs)

Mumbai Job Code: 810461

Manager/Senior Manager - Central Procurement - Insurance Team


About Department :

- This is a Central Procurement team

- All negotiations for the Bank are routed through this department to ensure cost optimization.

About the role :

- Coordination for New Insurance requirement and Renewals for Bank, like Bankers Indemnity, Assets insurances, Cards policy, Employee benefits related insurances, etc.

- Timely collation of data for repository

- Analysis of All insurance policies, its claim data and presentation to Sr Management and other committees.

Key Responsibilities :

- Price Negotiations with Insurance Companies / Brokers.

- Coordination for providing specific data, annexes, policy terms for issuance of final policy.

- Collection and analysis of claim data for all Bank level Policies, from internal and external stake holders.

- Preparation of synopsis to presenting to Senior Management and other committees.

- Maintenance of records for all policies @ Bank level, and initiation of timely renewal process.

Role Proficiency :

For successful execution of the job, a candidate should possess the following :

Knowledge :

- Knowledge on requirements of Corporate (Specifically Banks) related insurance requirements

- Having experience in coordinating and finalizing RFPs, selection of specific insurance company / brokers

Skills :

- Good communication (both verbal & written) and inter-personal skills

- Strong Excel and database management skills, statistical analysis of insurance data

Abilities :

- Ability to work effectively across functions and demonstrated ability to coach and mentor others

- Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment

- Ability to prioritize and make decisions in a fast-paced environment

- Ability to work as a part of team and contribute towards team goals

- Ability to manage multiple tasks/projects and deadlines simultaneously

Women-friendly workplace:

Maternity and Paternity Benefits

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