Insurance manager Job Description

June 23, 2010 | By More

Insurance manager Job Profile and Description

An insurance manager is responsible for supervising the operations in an insurance company. He prepares and manages data to track and report to superiors. He ensures that all the insurance formalities are processed on a timely basis and also needs to review policies for accuracy.

Duties and Responsibilities

  • The insurance manager needs to improve and update procedures and processes related to the policy to ensure excellent delivery of insurance services
  • He must assist in claims management and reporting
  • He must be in contact with area offices to discuss new procedures or provide any other assistance
  • He must work with the director, estimator, project managers, agents etc
  • He must be able to identify and analyze risks associated with any policy and suggest solutions to minimise risks
  • He needs to review insurance or broker invoices and investigate inconsistencies in the policy
  • He also needs to work with the director to achieve target budget results
  • He must report to the head on monthly numbers of insurance quoted and placed and also discuss other relevant insurance and risk related matters
  • He must assist the head of the company in ensuring effective operation of the insurance services

Skills and Specifications

  • He must have good communication skills and must be able to serve customers well
  • He must be organised and should be able to multi-task
  • Interpersonal skills are also helpful and he should be able to motivate his team
  • He needs to have leadership and management skills in order to be able to lead his team and achieve targets
  • Technical skills and knowledge of computer is required too

Education and Qualifications

A bachelor’s degree in commerce with courses like economics, finance, accounting, sales, banking or an MBA are usual degrees one pursues for this field

Category: Insurance Job Descriptions

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