Legal Claim
- Tata AIG
- 10 to 20 Yrs
- Pune
- 4 years ago
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Job Description
Dear Candidate,
Greetings from TATA AIG General Insurance Company Limited!
We are hiring for Legal Claim profile in Pune location.
Education: Must possess a degree in law.
Experience: Min 10 Years.
Band: 3-4
Location: Pune.
Role Description:
To overall lead the legal / BI team and ensure & monitor:
Registration / Handling of Claims.
- Prompt Registration and updating of progress of all bodily Injury / legal claims in the System.
- File Maintenance and Documentation
- Assign investigator
- Assign advocates
- Manage reserve and updation of reserves promptly.
- Housekeeping
Claims Review & Processing
- Good drafting and analytical skills.
- Ensure monthly Review of Claims is done by Examiner
- Study the petitions, documents submitted by the claimant records and making necessary verifications and investigations.
- Regular liaison with advocates and get updated on cases.
- Watch for companys interest in recovery & take necessary means & measures to secure it.
- Ensure Claims Processing / satisfaction of award/ filing of appeal is done within the TAT set by Company
Settlement of Claim
- Preparation / Recommendation by way of preparation of claim note
- Posting of payment in the system
- Check & approve claims under maker & checker concept
- Effective handling of claims meant for contest.
MIS/ Reports
- Review the outstanding reserves regularly and updating them.
- Plan report requirements to monitor team & department performance
- Timely submission of reports to senior management.
- Maintain statistics as mandated.
- Regular / periodic meetings with team for their achievements against their KPIs.
Supervision, Control & Team Development
- Maintain the TAT & Benchmarks set by the Company
- Direction setting & Talent development of team
- Identify training needs of team members.
- Train, coach & guide the team.
- Plan career path of team members.
- Supervise, monitor & review performance of the team.
Key Competencies:
Business:
- a) Sound knowledge of legal & Insurance fundamentals, all lines of insurance
- b) Analysis & Interpretation of survey reports, various documents & reports.
- c) Good Analytical skills
- d) Deadline Orientation
- e) Negotiation skills
Behavioral:
- a) Positive Attitude
- b) Leadership skills
- c) Talent development skills
- d) Ability to work in Teams
- e) Good written & oral communication skills
- f) Listening skills
- g) Quick learner
Experience and Qualification:
- Minimum Experience Profile:
- Must possess a degree in law
- Experience of working in a General Insurance Company/ survey firm/ insurance department of an organization or related industry or area for 10 yrs +.
- Insurance professional qualification of Associate / Fellowship highly preferred.
- Should be proficient in reading / writing Marathi language.
Regards,
Team HR
Employement Category:
Employement Type: Full timeIndustry: Insurance Role Category: Corporate Legal Department Functional Area: Not ApplicableRole/Responsibilies: Legal ClaimContact Details:
Company: Tata AIG GeneralLocation(s): Pune
Keyskills: lawyer activities supervision claims review claims management team development mis reporting legal claim
Tata AIG
Tata AIG General Insurance Company Limited is a joint venture company between Tata Group and American International Group (AIG). Tata AIG General Insurance Company Limited celebrates 18 years of service this year (2019) since it commenced operations in India on January 22, 2001. The Company has gr...
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