Looking for Manager - Risk & Loss Mitigation Unit for leading GI company.. Location: BangaloreExperience: min 2+ years in Risk & Loss Mitigation Unit Industry: BFSI (preferably insurance sector)Job Profile:- Financials/Output related activities (Income/Expenses/Profit) (e.g:Gross written premium, Top line, Combined ratio, cost of acquisition, loss ratio, management expenses etc) Reduces Loss Ratios by increasing success ratios Develops Pan -india quality investigator network Ensures optimum productivity thru trigger based intimation Customer/Product/Market related activities (Internal / External) (e.g. Satisfaction, Acquisition, Retention, Cross-sell/Share-of-wallet, Relationship, Service, Product/Solutions) Process/Technical related activities (productivity, efficiency, process, quality etc.) (e.g. Risk, Controls, Compliance, Develops new techniques for investigation ( forensic / biometric) Re-engineers Process to reduce investigation TAT continually Carries out fraud analytics to identify fraud prone areas and provide MIS Updates referral triggers to maximize fraud eradication Audit, Productivity, Quality, Discipline, Change Management, Adaptability, Success Transfer) People/Leadership/Teamwork/Corporate Citizenship related activities (e.g. Collaboration/Team work, Knowledge sharing, Development (Self & Team), Sharing Resources/Helping others)KRA:- 1. Targeted Eradication of frauds 2. Targeted Repudiation & Recovery Success Rates 3. Targeted TAT 4. Targeted Quality standards of InvestigationsJob specific knowledge:- Knowledge of network of external investigators , police , govt personnel etc. and how to manage the same Risk mitigation ( identification and eradication of frauds) Data management ( claims data analysis & ppt ) Analyzing trends in claim frauds and advising businesses locally Creating & harness investigator networkInterested candidate can apply at firstname.lastname@example.org Thanks and Regards,Hiren Shah
Qualities Needed for This Jobs
Insurance, Risk, Loss Mitigation
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