Manager – Insurance - Vadodara, India

 Manager – Insurance

 

Location: Vadodara

 

Education: CII certified

University/Master’s Degree

 

Experience: A minimum experience of 8-10 years in a similar role at a manufacturing, mining corporate houses and has experience in handling regulatory bodies.

Prior experience in Corporate – Insurance department

 

JOB PURPOSE

Primary role: The Officer – Insurance is responsible for providing an independent and objective assessment of the effectiveness and efficiency of the Company’s risk assessment and working with the Insurance providers to control.

In addition, the Officer will support the company to analyze all the areas of risk and protect the interest of the company.

 

Reporting:

Business Reporting: Director

Functional Reporting: -

 

KEY ACCOUNTABILITIES

Accountabilities Key Result Area

Liaisoning:

·         Work as a liaison between the regularity insurance entities and the company.

·         Review all relevant loss and regulation applicable to the company and ensure compliance.

·         Ensure the business activities are conducted in conformity with all applicable laws, regulations, internal policies, and procedures.

·         Ensure all regulatory permissions are updated and complied, whichever is required for the business needs.

·         Achieve the statutory and compliance requirements

Internal Regulations:

·         Ensure the staff abides by the company policy and procedure and regulatory laws.

·         Monitor, manage an establish procedures to be followed during internal and external insurance conflicts.

·         Monitor the latest regulations for any change and incorporate those changes with the company’s policy and procedures.

·         Ensure internal regulation are communicated and followed

Communication:

·         Coordinate and conduct enquiries and investigation which is deemed to be necessary related to insurance claims.

·         Check the reliability of the process by taking samples on a regular basis to ensure accuracy (in terms of holding and cash).

·         Ensure the integrity and reliability of financials provided to the insurance regulators.

·         Maintain an open communication with the management.

·         All communication with the internal and external parties should be effective and time bound

Risk Management:

·         Evaluate business activities to assess potent risk.

·         Contribute to the regular awareness campaign as per the group policy.

·         Perform compliance oversight, establishing and maintaining reports to relevant actions.

·         Risk assessment with the line of Business Operations

Reporting:

·         Managing overall operations in an insurance setting.

·         Creating and implementing policies that allow the insurance process to function as a cohesive unit.

·         Reviewing company performance to identify areas where individual employees and entire departments can improve their efficiency.

·         Managing all corporate / commercia insurance process.

·         Connecting specifically with insurance companies to ensure we have the best services.

·         Identifying and minimizing threats as part of ongoing risk management responsibilities.

·         Managing collected data and creating user-friendly reports that can help executives identify company progress, regression, and any fluctuations in output

·         Continually reviewing insurance policies

·         Managing any claims investigations.

·         Controlling company insurance finances to maintain correct budget allocation to all departments

·         Ensure quality and timely reports

 

KEY INTERACTIONS

External – Statutory bodies as per the requirement of the business: Internal – Employees

Government regularities: Corporate Advisory Board

Insurance Company: Finance Department Team

Regulatory bodies: Logistics Team

 

SKILLS AND KNOWLEDGE:

·         Good communication skills

·         Previous experience of handling compliance and setting up Insurance department

·         Identifying and solving problems

·         Ambitious and ready to take the challenge

·         Analytical cum solution oriented

·         Ability to work easily in a matrix and complex ecosystem environment.

 

Interested Candidate send resume dharmendra@karmaasolutions.com

CFO (Chief Financial Officer) - Central Africa

 

CFO (Chief Financial Officer)

 

Location: Central Africa

 

Experience: 15+ Years

 

 

Objectives of this Role

Responsible, either directly or by managing staff, for all cash management, investments, insurance, budgeting, and financial reporting, helping to drive the company’s financial strategy and hiring needs

Coordinate the development of the annual operating, capital, and program budgets, and reporting against the same

Ensure cash flow is compatible with company operations, by overseeing the day-to-day accounting, recording, reporting, and internal control activities of the organization

Lead the development and use of best-practice policies, practices, and tools that ensure a well-controlled yet flexible organization with strong fiscal management, project management, cross team communications and workflow

Comply with federal, state, and local financial requirements by studying existing and new legislation, enforcing compliance, and taking action

 

Daily and Monthly Responsibilities

Work with the senior management to efficiently develop proposal budgets, provide access to project finance information, and manage contract/grant compliance and reporting

Research revenue opportunities and economic trends, analyze internal operations, identify areas of cost reduction and process enhancement

Perform risk management through analysis of company liabilities and investments, and evaluate and manage capital structure and fundraising initiatives

Oversee HR function, coordinating with external service providers (payroll, benefits, and general HR) and internal staff responsible for various aspects of HR

Monitor performance with tracking, establish corrective measures as needed, and prepare detailed reports, both current and forecasting for earnings calls, the management team, and the rest of the company

Manage finance personnel and oversee financial IT systems, ensuring compliance with all applicable Financial Accounting Standards Board, Internal Revenue Service, State Attorney General, and other relevant regulations

 

Skills and Qualifications

Master’s degree in accounting, business accounting, or finance

10+ years experience in executive leadership positions

Leadership skills, with steadfast resolve and personal integrity

Exceptional verbal, written, and visual communication skills

Understanding of advanced accounting, regulatory issues, and tax planning

Working knowledge of raising capital beyond traditional lines of credit

 

Preferred Qualifications

International experience

Experience with mergers and acquisitions and investor relations

Executive experience with SaaS business models and their associated revenue recognition is strongly preferred

CPA a strong plus

Candidate must have knowledge of French Language

 

Interested candidates, please send resume on dharmendra@karmaasolutions.com OR Call / WhatsApp / IMO - +91-8155007014