Key Responsibilities:

• Insurance Administration
• Coordinate all company insurance policies, including property, liability, Motor vehicle, workers’ compensation (WIBA), health insurance, medical, and other specialized coverage.
• Maintain an up-to-date record of all insurance policies, coverage details, renewal dates, and premiums.
• Ensure timely renewal of all insurance policies and negotiate optimal terms and rates with insurers or brokers.
• Review contracts and projects to ensure compliance with insurance requirements.
• Claims Management
• Receive, document, and process insurance claims from departments or employees.
• Liaise with insurance companies, brokers, and legal teams to ensure prompt and fair claim settlements.
• Prepare and maintain claims reports, tracking trends and identifying opportunities to reduce losses.
• Risk Management
• Identify and assess potential risks that could impact company operations, assets, or personnel.
• Recommend and implement risk mitigation strategies and insurance coverage improvements.
• Support internal audits and safety inspections to ensure compliance with insurance-related requirements.
• Compliance & Reporting
• Ensure compliance with insurance laws and regulations.
• Maintain accurate documentation and prepare periodic insurance reports for management.
• Assist with internal and external audits involving insurance coverage and claims.
• Employee Insurance
• Coordinate group pension scheme, health, life, and other employee insurance programs.
• Assist employees with insurance-related queries, claims, and enrollment processes.
• Liaise with HR to ensure smooth administration of employee benefit insurance schemes.

Requirements

• Education:
• Bachelor’s degree in business administration, Finance, Insurance, Risk Management, or a related field.
• Certification in insurance or risk management is an advantage.

Experience:

• Minimum of 3–5 years’ experience in insurance coordination, risk management, or related administrative roles.
• Experience in dealing with insurance brokers, underwriters, and claims adjusters preferred.
• Strong knowledge of insurance principles and practices.