Job Title : Head - Insurance Location - Head Office, Hyderabad Reporting To Senior Management Qualifications: - Graduate/Postgraduate in any discipline - Preferred : MBA in Finance / Risk Management / Fellow of Insurance Institute of India (FIII) / Diploma in Insurance / IRDAI certification Experience : Minimum 25-30 years in Corporate Insurance Management Preferably in Construction, Infrastructure, or Manufacturing Industries. Preferred Age 50 years or above Role Overview: Telugu Language is Mandatory. - The Head - Insurance will be responsible for overseeing and managing all insurance-related activities across the Group. This includes strategizing and administering the corporate insurance portfolio - comprising project insurance, Mediclaim, vehicle insurance, workmen compensation, , and risk mitigation planning etc. - The role demands a seasoned professional with deep knowledge of corporate insurance strategies, regulatory compliance, claims management, and cost optimization. Key Responsibilities: Corporate Insurance Portfolio Management: - Design and implement insurance strategies covering projects, assets, personnel, and operations. - Assess company-wide risk exposure and advise on adequate coverage. - Liaise with brokers and insurers to negotiate group-wide insurance policies. Health & Employee Benefits: - Administer and manage group mediclaim, GPA, and GTLI policies. - Coordinate with HR for smooth onboarding/offboarding of insured employees. - Handle escalations and grievances related to medical claims and settlements. Vehicle Insurance: - Manage insurance for company-owned fleets including construction vehicles and passenger cars. - Ensure timely renewal, endorsements, and claim settlements. Claims Management: - Oversee end-to-end claims processing for all types of insurance. - Maintain proper documentation and track claim statuses. - Interface with insurance providers and legal teams to ensure quick and fair claim closures. Risk Assessment & Mitigation: - Collaborate with internal teams to identify, assess, and mitigate operational and project-specific risks. - Periodic review of insurance coverage against changing risk profiles. Budgeting and Cost Optimization: - Optimize insurance costs while maintaining adequate coverage. - Prepare insurance budgets and forecasts for management review. - Compliance and Documentation: - Ensure adherence to statutory and regulatory guidelines under IRDAI and other applicable acts. - Maintain proper records, MIS reports, and audit compliance documentation. Desired Candidate Profile: - Minimum 25 years of experience in corporate insurance functions. - In-depth knowledge of various insurance products including engineering, marine, property, and employee benefit insurances. - Proven experience in handling large-value claims and group insurance schemes. - Strong negotiation and vendor management skills (brokers, TPAs, insurance companies). - Excellent analytical, communication, and leadership abilities. - Should be at least 50 years of age with stability and maturity to lead independently.

Hyderabad

NCC -  Head - Insurance - Corporate Office 

Job Description for NCC -  Head - Insurance - Corporate Office  in NCC Limited in  Hyderabad for (25-30) years of experience. Apply Now!