Lead Assistant Manager EXL / LAM / 1498630

Job Description

The role involves coordinating with insurance providers, managing compliance with regulatory requirements, and contributing to the development of insurance strategies to minimize risk exposure.

Responsibilities

Assist in managing the day-to-day insurance operations, including policy issuance, renewals, and claims processing.

Liaise with insurance companies, brokers, and other stakeholders to negotiate terms and ensure best coverage at competitive rates.

Review and analyze insurance policies to ensure compliance with company and regulatory requirements.

Support the Insurance Manager in risk assessment and mitigation strategies.

Handle employee insurance queries and provide guidance on coverage details.

Maintain accurate records and documentation related to insurance policies and claims.

Prepare periodic reports on insurance activities, claims status, and risk exposures for management.

Assist in conducting internal audits and compliance checks on insurance processes.

Keep abreast of industry trends, regulations, and market developments to advise management accordingly.

Train and mentor junior team members as needed.