Corporate General Insurance Manager

Confidential Company

We are seeking an experienced General Insurance Manager to oversee and manage the organization's corporate insurance portfolio, with a strong focus on General Insurance, Motor Insurance, Fire Insurance, Property Insurance, and Claims Management. The role is responsible for ensuring adequate insurance coverage across the group, optimizing insurance costs, managing insurer and broker relationships, handling claims efficiently, and mitigating organizational risk through effective insurance strategies.

Insurance Portfolio Management

• Manage the company's corporate insurance portfolio, including:

  • Property Insurance

  • Fire Insurance

  • Motor Fleet Insurance

  • General Liability Insurance

  • Contractors All Risk (CAR) Insurance

  • Marine Cargo Insurance

  • Machinery Breakdown Insurance

  • Workmen Compensation and other general insurance policies

• Review insurance requirements across all business units and ensure adequate risk coverage.

• Conduct periodic assessments to identify coverage gaps and recommend appropriate insurance solutions.

• Coordinate policy renewals, endorsements, and amendments in a timely manner.

Insurance Claims Management

• Lead the end-to-end insurance claims process for motor, fire, property, liability, and other general insurance claims.

• Liaise with insurers, brokers, loss adjusters, surveyors, and internal stakeholders to ensure prompt claim settlement.

• Monitor claim status, recovery progress, and settlement timelines.

• Maintain accurate claims records and prepare periodic claims reports for management.

• Investigate significant claims incidents and recommend preventive measures.

  
  

Risk Management & Compliance

• Assess organizational risks and recommend suitable insurance coverage strategies.

• Ensure compliance with regulatory, contractual, and corporate insurance requirements.

• Support business continuity and risk mitigation initiatives.

• Develop insurance policies, procedures, and governance frameworks.

  
  

Insurance Broker & Insurer Management

• Manage relationships with insurance brokers, insurance companies, and service providers.

• Negotiate policy terms, coverage conditions, premiums, deductibles, and claim settlements.

• Conduct annual insurance market reviews and benchmarking exercises.

• Evaluate insurer performance and recommend suitable insurance partners.

Financial & Reporting Responsibilities

• Prepare annual insurance budgets and forecasts.

• Monitor insurance premiums, claims costs, recoveries, and policy expenditures.

• Analyze claims trends and loss ratios to improve insurance program effectiveness.

• Present insurance performance reports and recommendations to senior management.

Stakeholder Coordination

• Work closely with Finance, Operations, Facilities, Fleet, Legal, HR, and Project teams to address insurance requirements.

• Provide insurance advice and support during project tenders, contracts, and major business transactions.

• Conduct insurance awareness sessions for relevant stakeholders.