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Analyst- Insurance

Job Id:  1329

Mumbai, Maharashtra, India

Department:  Insurance
Function:  Finance
Employee Type:  Permanent Full Time
Seniority Level:  Entry level

About UPL

UPL is a leader in global food systems and with the acquisition of Arysta LifeScience, is now one of the top 5 agricultural solutions companies worldwide. With revenue of US$5 billion, UPL has presence in 130 countries. With market access to 90 percent of world’s food basket and focused on high-growth regions, UPL represents a compelling value proposition for growers, distributors, suppliers and innovation partners in a consolidating market. UPL offers an integrated portfolio of both patented and post-patent agricultural solutions for various arable and specialty crops, including biological, crop protection, seed treatment and post-harvest solutions covering the entire crop value chain.

PURPOSE (why does the position exist, WITH what objectives and WITHIN what limits)
*  ensure underwriting exercise is carried out well in advanced by proper planing, coordination and confirmation of all functional  teams      relevant to the insurance  sought.
*  ensure effective communication and coordination with Insurance Co's / brokers for faster and error free issuance of policy, endorsements .
*  timebound resolution of operation matters faced by internal stake holder. 
* timely and effective coordination for faster settlement of claims under service oriented policy like Health, Marine, Motor, Travel, etc.
* ensure regular MIS for consideration of senior management 
* ensure timely accounting of premium and claims  in SAP environment
Internal External
Subordinate Role Roles/Teams WITHIN my function Divisions/Departments OUTSIDE my function External Interface
  * All Team Leads in Finance
* all functional area teams 
* All teams wrt the claim * Insurance Companies
* Insurance Brokers                                * Consultants                                                       
Education: B.COM/ M.COM .
PG or or Certification in Insurance from recognised institutions or Licenciate from Insurance Institue of India (III) may be an added advantage.
Relevant Experience: minimum 3 Years
Business Understanding: Understanding of manufacturing risk management would be an added advantage. 
Knowledge Behavioural Skills
1. Ability to operate in SAP/ERP environment                                                                  1. Effective Communucation (Verbal & Written)
2. MS Word, Excel, Power Point  2. Interpersonal skills
  3. Analytical Thinking
  4. Effective Planning 
  5. Drive results                                                                                                                            


Key Result Areas


1 Operational  
  * Maintaining repository of all Insurance Policies taken globally   75%
  * Coordination with Internal stake holders (globally) for collation of underwriting  of  new and /or  renewal  insurance proposals.
  * Coordination with internal stake holder, Brokers, insurance Co., Surveyors, on claim reporting, document submission and follow-up for settlements.
  * providing monthly MIS  reports of Insurance policies and claims  
  * ensure monthly accounting of all Premium and claims 
  * trouble shooting insurance operational matters with various finance controllers / brokers
  * work towards implementation of technology platform to assist in above activities
2 people and leadership  
  Has a learning orientation to be up to date with the latest insurance products and risk coverage 25%

We are one team, for maximum impact. One team with shared goals. We all play for the team and no-one plays against team. We have a laser-like focus on what our customers need and want, on anticipating their future needs and how we can create innovative solutions and experiences for them.