Nestle Pakistan Ltd

Insurance Manager

Location
Lahore, Pakistan
Salary
Market competitive
Posted
14 Jun 2021
Closes
30 Jun 2021
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time
Experience level
Part qualified, Newly qualified

Key Responsibilities

  • Identify company-wide insurance requirements and ensure exposure is mitigated through adequate insurance cover.
  • Ensure risk financing costs are in line with company-wide risk profile
  • Authenticate and inform GRS-Vevey of any major change in Risk Profile e.g. acquisitions, divestments, capital investments, new construction projects and major claims for prompt decision making.
  • Support the Global Property Loss Prevention Programme and follow up on implementation of recommendations"                    
  • Conduct annual renewal of policies and ensure timely payment for all the insurance categories of market ( i.e Fire, Marin, life and Motor)
  • Negotiate Policy premium rates with local insurance companies
  • Select insurers or service providers for insurance/services that fall outside the scope of global arrangements
  • Review contractual arrangements with 3rd parties to ensure that they are in line with group program / practice"                    
  • Ensure that robust Claims Handling procedures are in place and are appropriately socialized across the value chain to ensure timely settlement
  • Ensure Policies are in place to reduce non-recoverable losses to the business"                                                     
  • Ensure Compliance and Implementation of Local law, global Standard (Global Risk Services-Vevey) on Insurance and Risk Financing.
  • Ensure that Group risk financing programs and/or methods are fully integrated into the local insurance program
  • Ensure Compliance of recommendations of ZRE (Zurich Risk Engineering-Vevey) at all sites (4 factories) and ensure implementation of Global Property Loss Prevention Program.

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