About Bennett, Coleman &amp; Co Ltd: We are India's Most Diversified Media Company in World's Fastest Growing Media Market. The Company has a strong Heritage of 176 Years. We have strong presence in Newspapers, Magazines, Radio, Television and Internet domains. Our brands like Radio Mirchi, Femina, and Filmfare are market leaders in their respective segments. Our flagship brand, The Times of India, is the world's largest selling English daily, and The Economic Times is the world's 2nd largest English Daily after wall Street Journal. The Company has more than 7,000 employees across all major cities in India. We are: A Powerhouse of successful Brands - We believe in shaping market trends and building a portfolio of solid, innovative brands which keep us ahead of the competition. Our flagship brand, The Times of India, is the world's largest circulating English daily and The Economic Times is the world's second largest circulating English Business daily. We have continuously grown, driven by the indomitable spirit to question the conventional wisdom and change rules of the game. Learning and Innovative We are regarded as one of the most consistently innovative publishing companies. Our unique 'Brand Capital model' - which invests media capital, in turn for a stake in the prospective advertiser - is considered amongst the most innovative ideas in publishing. Previous innovations of the Group include such ideas as Invitation Pricing, Combos, Space Drawing Rights and Advertorial Supplements. Click on the link below to catch a glimpse of how Innovation has shaped our Growth! https://www.youtube.com/watch?v=YP1RWXlipuA Great People -Finest minds who inspire, strive and drive innovative initiatives, build trust and encourage employees to achieve optimal performance- is the Hallmark of our leadership team. We are one internally cohesive and disciplined team of people from diverse backgrounds, who collaborate to write our success story. We invest in our people and our policies are designed for their long-term happiness, ensuring work-life balance simultaneously. We look for ways to keep our employees healthy, whether physically, emotionally, financially or socially. Our policies and benefits are one of the best in industry, and this shows in our employee referral rate of more than 60%. About Business and Commercial: Business and Commercial Department handles the Supply Management function in the organization. We recognize that the supply chain is critical to our company's success, and Supply Management has become a key contributor to the company's competitiveness and performance. Moving from transactions to relationships, it has transitioned to fit its role as a strategic contributor. By continuously enhancing its skills mix and the performance of its resource base, the function has become a driving force for a change that is altering the way organizations do business. About the Position: Position Summary : Scrutinize insurance tender documents; negotiate policy premium with vendors and analyze their performance; monitor claims recovery process and maintains monthly MIS with the objective of ensuring comprehensive insurance coverage during the policy period and reduce turnaround time for claims settlement. Areas of Responsibility : - Insurance Operation and Cost Management: Scrutinize (pre and post) insurance tender documents; cross-check, verify and analyze insurance RFQ, quote comparison, negotiate policy premium with vendors, issue sanction note etc. For optimum rates, terms, conditions and coverage for insurance portfolio; analyze and update CWIP, capital advance, FAR additions on monthly basis with address and occupancy for insurance purpose in order to get maximum insurance coverage at minimum cost. - Insurance and Risk Management: Underwrite insurance business, claims recovery, supervise insurance and risk management audit as per SOP; quantify, assess the risk and impact; implement risk mitigation and risk transfer techniques in order to minimize the losses. - Vendor Management: Analyze the performance of vendors on an annual basis, provide feedback to vendors, set expectations and introduce new vendors in order to get various kinds of offerings and to pick the best possible deal. - Industry Benchmarking: Track competitor activity and development of new insurance product in order to update management about new insurance policy available in the market with better coverage at minimum cost. Key skills/Core competencies required: - Insurance Industry knowledge - Negotiation skills - Analytical skills Candidate Educational Qualifications Required: MBA (Insurance and Risk Management) Relevant Experience: 10 years (approx.) with a minimum of 3 years in managing the insurance and risk management portfolio Work Location: Delhi/NCR

Delhi NCR

Times Group - Sourcing Group Lead - Business & Commercial - Insurance 

Times Group - Sourcing Group Lead - Business & Commercial - Insurance  ,Job Description for Times Group - Sourcing Group Lead - Business & Commercial - Insurance  in Bennett Coleman in  Delhi NCR for (10-15) years of experience. Apply Now!

Job Description for Times Group - Sourcing Group Lead - Business & Commercial - Insurance  in Bennett Coleman in  Delhi NCR for (10-15) years of experience. Apply Now!