Head Group Insurance JSPL

15 - 25 Years
Delhi NCR

Job Description

Roles & responsibilities
Plan the insurance coverage of the corporate & plant-based assets of JSPL as per business needs & to ensure adequate
coverage at optimal pricing
Monitor and review the status of claims pending and take necessary action to ensure timely processing
Review the group insurance policies & take necessary steps to service the policies with approval from AVP-Finance, CFO
& Chairman
Evaluate insurance providers basis historical trends & subjective criteria to decide on the quantum of business to be
insured by the provider
Monitor timely collections and payment of insurance premium and handle escalations related to the same
Review bottlenecks in insurance premium payments and claims engage in providing solutions depending upon the
frequency & timing of the issues
Coordinate extensively with internal plant finance teams to ensure timely settlement of claims and provide solutions to
improve processes
Carry out regular interaction with insurance companies, brokers, & surveyors to ensure optimal deals for JSPL assets
Carry out negotiations with insurance providers to secure optimal premiums for JSPL assets
Knowledge & experience
Head Group Insurance has a B.com degree with 1215 years experience & has specialized knowledge of insurance
industry & terminology.
Role involves deep knowledge of national-level insurance trends, knowledge of varied policies depending on asset type,
risk management & ability to negotiate.

Keyskills

Desired Candidate Profile

Please refer to the Job description above

Company Profile

Jindal Steel Power Limited

JSPL is an industrial powerhouse with a dominant presence in steel, power, mining, power generation and infrastructure sectors. Part of the US $-18-billion OP Jindal Group this young, agile and responsive company is constantly expanding its capabilities to fuel its fairy tale journey that has seen it grow from nowhere to a US $-3.6-billion business conglomerate. The company has committed investments exceeding US$ 30 billion in the future and has several business initiatives running simultaneously across continents.

Led by Mr Naveen Jindal, the youngest son of the legendary Shri O.P. Jindal, the company produces economical and efficient steel and power through backward and forward integration.
From the widest flat products to a whole range of long products, JSPL today brags a product portfolio that caters to markets across the steel value chain. The company produces the world's longest (121-metre) rails and it is the first in the country to manufacture large-size parallel flange beams.
JSPL operates the largest coal-based sponge iron plant in the world and has an installed capacity of 3 MTPA (million tonnes per annum) of steel at Raigarh in Chhattisgarh.

Also, it has set up a 0.6 MTPA wire rod mill and a 1.0 MTPA capacity bar mill at Patratu, Jharkhand, a medium and light structural mill at Raigarh, Chhattisgarh and a 1.5 MTPA steel melting shop and a plate mill to produce up to 5.00-metre-wide plates at Angul, Odisha. An enterprising spirit and the ability to discern future trends have been the driving force behind the company's remarkable growth story. The organization is wedded to ideals like innovation and technological leadership and is backed by a highly driven and dedicated workforce of 15,000 people.

JSPL has been rated as the second highest value creator in the world by the Boston Consulting Group, the 11th fastest growing company in India by Business World and has figured in the Forbes Asia list of Fab 50 companies. It has also been named among the Best Blue Chip companies and rated as the Highest Wealth Creator by the Dalal Street Journal. Dun & Bradstreet has ranked it 4th in its list of companies that generated the highest total income in the iron and steel sector.
Alongside contributing to India's growth story the company is driving an ambitious global expansion plan with its sights set on emerging as a leading transnational business group.

The company continues to capitalise on opportunities in high growth markets, expanding its core areas and diversifying into new businesses. In Oman (Middle East), the company has set up a US$-500-million, 1.5-MTPA gas-based Hot Briquetted Iron (HBI) plant. It is now adding a 2-MTPA steel-making facility.

In Africa, the company has large mining interests in South Africa, Mozambique, Namibia, Botswana and Mauritania and is expanding into steel, energy and cement. In Australia, the company is investing in greenfield and brownfield resource sector companies and projects to supplement its planned steel and power projects in India and abroad.

In Indonesia, the company has invested on the development of two greenfield exploration assets. It is also exploring investment opportunities in the power and infrastructure sector in Indonesia. JSPL endeavours to strengthen India's industrial base by aiding infrastructural development, through sustainable development approaches and inclusive growth. The company deploys its resources to improve infrastructure, education, health, water, sanitation, environment and so on in the areas it operates in. The company has won several awards for its innovative business and social practices.
View Contact Details+

Recruiter Name:Krishna Mohan Pandey

Contact Company:Jindal Steel Power Limited

Salary

Not Disclosed by Recruiter

Functional Area

Other

Employment Type

Full Time, Permanent