Executive - DRM Claim Settlement

Job highlights

• Ensure compliance with legal and regulatory requirements in claim settlements. Key Attributes . Strong understanding of claim settlement processes,industry standards,and regulations. Proficiency in using claim management software and ERP systems.
• Qualifications and Experience . Education: Bachelors degree in Business Administration,Finance,or a related field

In this role, you will be responsible for managing the entire process of claim settlements related to sanitaryware. This role focuses on efficient management of claims, ensuring timely resolution, and maintaining strong relationships with stakeholders. You will also collaborate with cross-functional teams to improve processes and prevent claim-related issues, ensuring customer satisfaction and operational excellence.

Key Responsibilities

• Manage the end-to-end process of claims related to sanitaryware, ensuring timely and accurate settlements
• Coordinate with internal teams, including logistics, sales, and finance, to gather all necessary documentation for claim verification
• Ensure claims are processed in accordance with company policies and industry regulations
• Analyze claim trends to identify recurring issues and implement corrective actions to prevent future claims
• Implement best practices to enhance the efficiency of the claim settlement process
• Collaborate with relevant departments to streamline procedures and reduce claim turnaround time
• Serve as the primary point of contact for dealers, vendors, and customers regarding claim-related inquiries
• Address escalated claims with a focus on quick resolution and maintaining positive business relationships
• Provide regular updates to management on claim status, resolution timelines, and any major issues
• Maintain detailed records of all claim settlements and ensure accurate documentation
• Prepare regular reports on claim statistics, trends, and financial impact for senior management
• Ensure compliance with legal and regulatory requirements in claim settlements

Key Attributes

• Strong understanding of claim settlement processes, industry standards, and regulations
• Proficiency in using claim management software and ERP systems
• Proven track record in handling high-volume claim settlements and customer communications

Competencies

Self Driven and Goal/Result Oriented

Attention to Detail

Creativity/Innovation

Decision Making/Judgment

Qualifications and Experience

• Education: Bachelors degree in Business Administration, Finance, or a related field; Advanced certification in claims management or risk management is a plus
• Experience: 2-4 years of experience in claims management, with a preference for experience in the sanitaryware or manufacturing industry
• Skills:
  • Strong analytical skills to identify issues and find efficient solutions
  • Ability to manage large volumes of claims with precision and accuracy
  • Excellent verbal and written communication skills for effective collaboration with cross-functional teams
  • Excellent negotiation skills

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.