Claims Executive - Motor Insurance. @ Capitalsquare Advisors

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Claims Executive - Motor Insurance.

Capitalsquare Advisors
2 - 5 years
Mumbai
10 days ago
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Job Description

Key Responsibilities

Single-point claim coordination: Act as the dedicated contact for motor claims third-party, own damage, and theft to ensure smooth communication between client, insurer, police, surveyors, and garages .

Claim filing & documentation: Promptly report accidents/thefts to police and insurers; collect FIRs, policy details, driver statements, vehicle photos, keys (for theft), and other required documents .

Survey & assessment management: Work with surveyors to assess damage; review findings jointly and determine claim admissibility, settlement value, and NCB implications .

Negotiation & settlement: Liaise with insurers to pursue cashless workshops or reimbursement; negotiate and finalize settlements effectively .

Process enhancement: Develop and refine SOPs for motor claims; ensure efficient resource allocation and monitor key process metrics like TAT and claim costs .

Qualifications & Experience

Bachelor s degree (Insurance/Finance preferred).

2 5 years of hands on motor insurance claims experience (brokerage, TPA, insurer, or fleet operations).

Strong familiarity with IRDAI regulations, policy terms, and required documentation.

Excellent coordination and communication skills.

Skilled in negotiation and analytical decision-making.

Basic IT proficiency; experience with claims management systems desirable.

Job Classification

Industry: Banking
Functional Area / Department: BFSI, Investments & Trading
Role Category: Life Insurance
Role: Claims Executive
Employement Type: Full time

Contact Details:

Company: Capitalsquare Advisors
Location(s): Mumbai

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Keyskills: Motor insurance Basic Claims Executive Claims TPA Insurance claims Management systems Analytical Resource allocation Process enhancement

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Attach ResumeMax 2.38 MB (RTF, PDF, DOC, DOCX formats only parsed)

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Capitalsquare Advisors

The Foundation of CapitalSquare Group was laid in the year 2008 under the leadership of Mr. Sunil Kumar Manocha with an aim to establish one of the premiere financial services conglomerates in India. The Group provides one-stop fund raising solutions and financial advisory services through its Inves...

Claims Executive - Motor Insurance. @ Capitalsquare Advisors

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