Insurance Officer

About the Role

We seek a dedicated Insurance Officer responsible for managing all daily insurance-related operations. This role involves liaising with the Group and insurance brokers to guarantee comprehensive coverage for the company’s assets, business activities, and day-to-day operations.

Key Responsibilities

• Keep all company insurance policies and associated records up to date.
• Liaise closely with the Group on insurance policies, coverage details, and compliance requirements.
• Provide precise information necessary for renewal processes and arranging policies.
• Communicate with insurance providers on routine insurance issues.
• Track and follow up on documents like policies, certificates, and endorsements.
• Monitor expiration dates of policies to ensure uninterrupted insurance coverage.
• Manage insurance claims from notification through resolution.
• Follow up persistently on pending claims with insurers.
• Collaborate with departments such as Finance, HR, Operations, Engineering, and Supply Chain to collect relevant data for insurance purposes.
• Maintain a current insurance registry including coverage details, policy expiration, and essential information.
• Coordinate on insurance premium payments with Finance and Treasury departments.
• Prepare and submit routine reports regarding insurance policies, claims status, and outstanding concerns.
• Ensure systematic filing and organization of all insurance documents.
• Assist the Treasury Manager in controlling insurance-related risks and managing costs effectively.
• Provide necessary insurance documentation for internal and external audit processes.
• Ensure adherence to company policies and overall Group insurance standards.

Qualifications and Experience

• Bachelor’s degree in Finance, Insurance, or related discipline.
• Two to four years of professional experience in insurance or related functions.
• Prior exposure to manufacturing or industrial company environments is advantageous.
• Experience interacting with insurance firms, brokers, and managing claims is expected.