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Legal Claim

10.00 to 20.00 Years   Pune   10 May, 2022
Tata AIG General Insurance Company Limited
Job LocationPune
EducationNot Mentioned
SalaryNot Disclosed
IndustryInsurance
Functional AreaCorporate Legal Department
EmploymentTypeFull-time

Job Description

    Dear Candidate,Greetings from TATA AIG General Insurance Company Limited!We are hiring for Legal Claim profile inPune location.Education:Must possess a degree in law.Experience:Min 10 Years.Band: 3-4Location: 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:
    1. a) Sound knowledge of legal & Insurance fundamentals, all lines of insurance
    2. b) Analysis & Interpretation of survey reports, various documents & reports.
    3. c) Good Analytical skills
    4. d) Deadline Orientation
    5. e) Negotiation skills
    Behavioral:
    1. a) Positive Attitude
    2. b) Leadership skills
    3. c) Talent development skills
    4. d) Ability to work in Teams
    5. e) Good written & oral communication skills
    6. f) Listening skills
    7. 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

Keyskills :
mis reportingclaims management

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