Bajaj Allianz General Insurance Company Hiring for Deputy Manager Execution at Mumbai, Maharashtra, India Full Time

Job Description

:

• Claims Management
• Review the MIS on an on-going basis for claims closure, claim and settlement ratio for the allocated region.
• Propose the amount that needs to be reserved for each case after consultation with claims team to the based on case facts
• Collect all evidences relevant to the case in coordination with claims team and thereby devise an appropriate case strategy in consultation with claims team.
• Prepare and file the WS,affidavit and document in the court; appear in court when required
• Collaborate with the advocate vendors on implementing the case strategy
• Prepare for effective contest before appropriate court/forum or tribunal and early closure of claims if it is categorized as compromise (No defense case); conduct a thorough review, meticulous follow-up on pending cases, attempt compromise in possible cases.
• Drive the team to meet their targets by conducting regular meetings to track progress on set targets
• Guide the team to execute the appropriate line of action in respect of defense/contest case so as to have quick and proper closure of cases.
• Act as guide for team for tough negotiations (for compromise possible cases) and critical defense/contest cases.
• Control the claim for the region by checking and maintain the quality of claims that are settled
• Liaise with other internal functions such as Claim teams, ILM, Operations, underwriting to ensure successful closure of cases

There are many cases referred by Pan India HUBs for preferring SLP before Supreme Court or revision before National Commission. Evaluation on merits basis facts, evidence and law points and advising on best suitable decision is an additional role for cases to be filed before SC & NC.

• Vendor Management
• Effectively engage, build relationships and expand the existing network of advocates in the region
• Address the grievances of the vendor partners, provide trainings on latest developments with regards to legal aspects that impact their area of work as well as the latest developments in BAGIC
• Negotiate costs, partnership terms as well as scope of work, for best possible arrangement for the services provided
• Conduct regular and periodic review meetings to share feedback and improve the overall quality of services rendered.
• To Select Appropriate Senior advocate considering technicalities, expertise and bench hearing the case.

• Team Management and Development
• Provide recommendations to Team Members w.r.t. cases and guide them as and when required.
• Keep the team abreast of the latest judgments and its impact on the GI business
• Establish individual performance expectations and regularly review individual performance of the team
• Engage with the team in a timely manner to understand the bottlenecks and the support their need.
• Provide guidance to team members on how to engage with the Lok Adalat, advocates and judges
• Analysis and Reporting
• Review MIS reports pertaining to claims management in the region and draw insights that would be helpful to improve the performance of the team as well as vendor partners
• Apply trend analysis on certain types of cases, courts etc. that would be helpful in future cases to decide on whether to appeal/contest and the case strategy

Desirable Skills :

“1.Good communication skills. 2.Flexible & adaptable to change. 3.Well versed with MS Office. 4.Should have good analytical and problem-solving skills. 5. Should be from GI Industry”
Education/Qualification: A Bachelor’s in law
Years Of Exp :8 to 10 Years
8.00-10.00 Years