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Bondada Group - Senior Manager - Insurance
Bondada GroupTelangana, India11 days ago
Job descriptionInsurance Strategy & Management. Develop, implement, and monitor insurance strategies across project lifecycles. Ensure adequate and cost-effective coverage for construction / all-risk, project-specific insurance, marine cargo, and workmen's compensation policies. Evaluate risk exposure and recommend insurance solutions accordingly. Marine Insurance. Manage marine cargo insurance including inland and international shipments. Coordinate with logistics, procurement, and shipping teams to ensure timely and correct coverage. Handle claims arising from transit losses or damages. Workmen's Compensation (WC). Ensure appropriate WC coverage is in place across sites. Liaise with HR and contractors to verify WC compliance for employees and subcontracted labor. Process WC claims and liaise with insurers for speedy settlements. Project Insurance (CAR / EAR / DSU etc. Oversee procurement and renewal of Contractor's All Risk (CAR), Erection All Risk (EAR), Delay in Start-Up (DSU), and other project-related policies. Ensure that all stakeholders (vendors, subcontractors) are appropriately covered or indemnified. Claims Management. Coordinate and manage claims including documentation, negotiations, and settlements. Serve as the liaison between internal stakeholders and insurers / loss adjusters. Maintain a database of all claims and regularly update management on their status.
Job Title : Insurance Manager.
Reporting To.
Head - Administration.
Job Summary :
- The Project Insurance, Marine Insurance & WC Manager will be responsible for managing and administering all aspects of insurance policies related to projects, marine transit, and workmen's compensation.
- This role ensures that appropriate insurance coverage is maintained, claims are handled efficiently, and compliance with local and international laws and corporate standards is ensured.
Key Responsibilities :
ref : iimjobs.com)
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Senior Manager • Telangana, India
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