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Hartek Group
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Insurance Manager

Insurance Manager

Hartek Group

5 - 8 years

7 - 10 Lacs

mohali

Posted:1 day ago| Platform:

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Skills Required

marine insurance claims insurance claims accounting mis corporate insurance reconciliation epc gap analysis risk management

Work Mode

Work from Office

Job Type

Full Time

Job Description

Insurance Manager - Hartek Group | Making Your Future Powerful

About Hartek Group- Hartek Group is a leading Engineering, Procurement, and Construction (EPC) company at the forefront of Indias energy transition. We are proud to be a six-time Great Place to Work certified organization, committed to building a sustainable and powerful future. Our impact spans the entire power sector, from connecting over 10 GW of solar power to the national grid and executing more than 350 high-voltage substation projects, to manufacturing the advanced power distribution solutions essential for a smart and reliable grid. Join our team of professionals and help us in our mission of "Making the Future Powerful."

Key Skills

Insurance Manager

Project Insurance Specialist

Risk Management

Corporate Insurance Handling

Erection All Risk (EAR) Insurance

Marine Insurance Expert

Claims Management

MIS & Insurance Reporting

About the Role

Responsible for managing the company s insurance portfolio, ensuring adequate coverage and risk mitigation across projects and operations. Expert in project insurance policies like EAR, Marine, Fire, and Building Insurance. Handles policy evaluation, negotiation with brokers, claims management, and coordination with business units to track insurance exposures. Maintains accurate records, performs gap analysis, manages premium accounting, and ensures timely claim settlements. Leads knowledge sharing and promotes best practices in insurance management.

Key Responsibilites

Evaluate the company s insurance needs and ensure appropriate product solutions is acquired from the insurance broker.
Maintain records for all insurances purchased during the year and map insurances with Projects for insurance adequacy.
Make comparative analysis for all insurance policies for Competitive Pricing and Coverages.
Negotiate terms and conditions of insurance policies with Insurance broker and underwriters.
Must have expert knowledge in field of project insurance especially Erection All Risk (EAR) policy, Marine Policy, Fire Policy, Building Insurance
In-depth understanding on various clauses in EAR and Marine Policy for inclusions and exclusions and impact on insurance premiums.
Must posse s leadership skills to interact with Business Heads, obtain information wrt Projects and Insurance Coverages as specified under each project.
Filing of monthly declaration for open marine policies.
Monthly reconciliation of insurances purchases vis- -vis projects in hand and gap analysis and timely taking appropriate actions to ensure insurance adequacy.
Ensure the accounting of all insurance bills, prepaid insurances, settlement of advance premiums.
Knowledge management of insurance subject and share the insights and promote best practices.
Prepare daily trackers and MIS on all projects, insurance policies and exposures.
Work proactively on cases of project time and cost overrun.
Timely intimation to insurance agencies and brokers for all insurance claims
Build a mechanism within the organization for quick response to any claims and losses.
Must have expert knowledge in filling claim documents with insurance companies and brokers.
Must work closely with internal stake holders, obtain information and documents and ensure timely submissions to insurance companies.
Prepare daily trackers and MIS on all projects claims, insurance policies and exposures and claims filed and claims received.
Ensure the accounting of all insurance claim, claims recoverable and settlements if any.

Competancy / Tool System

MIS/ Marine policy/Erection All Risk (EAR) policy/ Fire Policy/ Building Insurance

At Hartek, our strength comes from our people. We are dedicated to building a truly inclusive workplace that brings together talented individuals from all backgrounds, cultures, and walks of life. Our commitment is to provide a supportive and fair environment where everyone has an equal opportunity to grow, contribute, and succeed. We believe that embracing our differences makes us a stronger, more innovative, and more responsible company.

Choose a file/drag & drop it here PDF,DOC,DOCX up to 10MB Thank you for applying!

We have received your application and appreciate your interest in joining the Hartek team. Our team will review it, and if youre a good fit, we will reach out soon.

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Insurance Manager