NRSP Microfinance Bank Limited is seeking an experienced Manager Insurance to lead the management of all client insurance claims across various products. This role requires overseeing the entire lifecycle of insurance claims, including coordination with insurance companies, processing premium invoices, and maintaining records of receivables. The ideal candidate will have a strong understanding of underwriting processes, claims management, and policy administration. As a key figure in the organization, the Manager Insurance will ensure accurate and timely processing of insurance-related activities while providing insightful reports and analyses to senior management and relevant stakeholders. This position includes managing a dedicated team of two professionals, fostering collaboration and driving team performance to achieve organizational goals.
The Manager Insurance will act as the primary liaison between NRSP Microfinance Bank Limited and insurance providers, ensuring that claims and payments are handled efficiently and in compliance with organizational policies. This role demands a proactive approach in preparing assessment reports and comparisons to facilitate optimal selection of insurance companies. The manager will also coordinate closely with the finance department and other internal units to secure effective claim payouts to clients. Candidates must meet educational and experience requirements, preferably holding a degree in actuarial science or related fields, along with a minimum of five years experience in insurance claims management or similar domains.
Responsibilities
NRSP Microfinance Bank Limited (NRSPB) commenced its operations in March 2011 from Southern Punjab. It has a countrywide license to offer microcredit, deposit and other banking services to its customers and currently provides demand-driven financial services to low-income markets in 23 districts of Pakistan. These services prioritize rural and poor clientele but are also offered to an array of urban and rural customers and institutions, forming a diverse socio-economic client base.