Department Head - Star Micro Insurance Company

Published Date: 2024-05-22
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Job Detail

  • Location:
    Kathmandu, Bagmati, Nepal
  • Company:
  • Type:
    Full Time
  • Shift:
    First Shift (Day)
  • Career Level:
    Department Head
  • Positions:
    1
  • Experience:
    3 Year
  • Gender:
    No Preference
  • Degree:
    Bachelors
  • Apply Before:
    May 31, 2024
  • Company Overview

    Bhanuchowk, Janakpur, Madesh Pradesh

    ounded in 2080 B.S, Star Micro Insurance Co. Ltd was born out of a vision to create a more inclusive andfair insurance landscape. We recognized that many people, including those in low-income and vulnerablecommunities, were often left without the saf... Read More

    Job Description

    Specification
    • Education: Minimum Bachelor’s Degree
    • Minimum of three years’ experience in Claim Department in Non-Life Insurance Company.
    • Salaries and facilities: As per rule of company : Negotiable
    • Two Wheelers and License Required
    • Prior Work Experience in Claim Department (All portfolio will be a plus point)

    Job Description

    • Manage and lead the claims team, providing guidance, training, and coaching to ensure consistent high performance
    • Develop and implement streamlined processes and procedures to improve claims handling efficiency and customer experience
    • Conduct quality assurance reviews to ensure compliance with company policies, regulations, and best practices
    • Analyze claims data and trends to identify opportunities for process improvements and cost savings
    • Collaborate with other departments to resolve complex claims issues
    • Maintain updated knowledge of relevant laws, regulations, and industry standards pertaining to non-life insurance claims
    • Manage reserves and settlements within designated authority limits, escalating larger claims appropriately.
    • Prepare regular reports and presentations for senior management on department activities and performance metrics.
    • Direct the entire process of  claims, including evaluation, investigation, negotiation, and settlement
    • Ensure strict adherence to company policies, industry regulations, and legal requirements throughout the claims handling process to mitigate risks and maintain compliance.
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