AVP/Lead-Claims
Futuristic Underwriters Private Limited
AVP/Lead-Claims
Futuristic Underwriters Private Limited
Sector 62, Noida
₹100,000 - ₹120,000 monthly
Fixed
₹100000 - ₹120000
Earning Potential
₹120,000
Job Details
Interview Details
Job highlights
Urgently hiring
Fast HR reply
16 applicants
Benefits include: PF, Internet Allowance, Laptop, Food/Meals, 5 working days
Job Description
Position: SM/AVP – SMART Claims
Location: Noida
Job Type-Hybrid-3 days
Reporting: Head of Business Transformation/ Operations Unit - India
Position Overview: Lead the establishment and operations of a strategic Claims Support Center in Noida, driving 24/7 excellence in claims processing support for global BI/PD adjusters. This is a leadership role requiring a seasoned professional to build, mentor, and scale a high-performance team from ground up.
Key Responsibilities
Strategic Leadership:
- Establish and operationalize the Claims Support Center within 90 days
- Develop comprehensive operational procedures, quality standards, and performance metrics
- Design and implement 24/7 shift operations including night shift (6 PM - 3 AM IST)
- Create scalable processes to support global adjuster teams across multiple time zones
Claims Process & Workflow Management
- Ability to design, document, and continuously improve end-to-end claims workflows (FNOL to closure) to improve speed, quality, and cost.
- Ability to define standard operating procedures (SOPs) and ensure adjusters and operations teams adhere to them.
- Ability to monitor claims inventory and workload distribution, and recommend actions to balance capacity and meet SLAs.
- Ability to identify bottlenecks or failure points in claims handling and propose practical process fixes.
Core Analytical & Problem-Solving Skills
- Strong ability to analyze claim patterns, exceptions, and outliers to detect potential fraud, leakage, or process gaps.
- Ability to use data from multiple systems (claims platform, CRM, document management, billing) to form a holistic view of the claim.
- Ability to prioritize and decide quickly in ambiguous situations, while staying aligned with guidelines and risk appetite.
Quality, Compliance & Risk Management
- Ability to ensure regulatory and internal compliance (documentation standards, privacy, fair claims handling, local regulations).
- Ability to identify claim leakage (overpayments, missed recoveries, unnecessary expenses) and recommend preventative controls.
- Ability to create/review checklists and guidelines to standardize proper documentation, reserves, and settlement practices.
. Adjuster Support & Coaching
- Ability to act as a subject matter expert and first point of escalation for adjusters on complex coverage or process questions.
- Ability to coach and mentor TEAM on best practices, documentation quality, investigation standards, and negotiation strategies.
- Ability to conduct training sessions on new products, processes, tools, and regulatory changes impacting claims.
- Ability to communicate complex concepts in simple language, tailored to new joiners as well as experienced adjusters.
Operational Excellence & Team Management
- Build end-to-end claims support activities including documentation, investigation support, and stakeholder communication
- Ensure compliance with regulatory requirements and company policies
- Manage real-time support delivery to field adjusters
- Drive process improvements and automation initiatives
Stakeholder Management
- Collaborate closely with BI/PD adjusters to understand support requirements
- Coordinate with IT teams for technology integration and system optimization
- Report to senior management on operational metrics and strategic initiatives
- Ability to collaborate with cross-functional teams (Underwriting, Legal, SIU/Fraud, IT, Operations, Finance) to resolve claim issues.
- Ability to represent claims in projects and workshops, ensuring adjuster needs and customer impacts are clearly articulated.
- Ability to influence without authority, driving adoption of new processes, tools, and behaviors across the claims team
Required Qualifications
Experience & Education
- Minimum 14+ years in claims management with proven leadership experience
- Bachelor's/Masters degree in Business, Finance, Insurance, or related field
- Essential: Hands-on experience with BI (Bodily Injury) and PD (Property Damage) claims
please share your resume at shobhana@futuristicuwltd.com
Job role
Work location
A-44 & 45, Sushil Marg, Block B, Industrial Area, Sector 62, Noida, Uttar Pradesh 201309, India Sector 62, Noida
Department
Banking / Insurance / Financial Services
Role / Category
General Insurance
Employment type
Full Time
Shift
Night Shift
Job requirements
Experience
Min. 10 years
Education
Graduate
Skills
CRM, Risk management, Claim processing, Claim analysis, Claims reporting, Claims verification, Property Insurance, Claims Resolution
English level
Good (Intermediate / Advanced) English
Gender
Any gender
About company
Name
Futuristic Underwriters Private Limited
Address
A-44 & 45, Sushil Marg, Block B, Industrial Area, Sector 62, Noida, Uttar Pradesh 201309, India Sector 62, Noida
Job posted by Futuristic Underwriters Private Limited
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