Manager (Claims)
National Insurance Company Limited
Total years of experience :26 years, 5 Months
Worked for Underwriting and Claims Departments:
Marine Underwriting
To prepare and finalize marine insurance Floating Policies, Open Cover and various Hold Covers as per requirements of the clients.
To deal with the clients i.e. PSO, Pak Steel, PPL, PAPCO, SSGC, OGDCL, CAA, Various Universities and Various other Public Sector Organizations.
To maintain portfolio of approx one billion annual Gross Premium.
Successfully implemented General Insurance Software GIS) and trained colleagues of the department for GIS.
To Supervise Junior Officers and Staff in the department.
Marine Claims
To correspond with the clients in respect of their marine losses.
To scrutinize and put up claims for consideration and settlement to the management.
To settle claims upto Rs. 50, 000/-
To report statistical information of the claims
Reinsurance
To arrange Marine Cargo and Non Marine XOL Treaties.
To arrange Facultative Reinsurances as per clients’ requirements.
To coordinate zonal offices to prepare statistics for arrangement of reinsurances.
To ensure timely payments of the premium as well as the recoveries of losses.
Operations
To assist in communication with Ministry of Commerce for Administrative and Financial matters and Securities & Exchange Commission of Pakistan for Business Regulations.
To coordinate zonal offices to prepare reports and put up to the management.
To arrange meetings of Central Rating and Claims Committees to resolve technical issues.
Fire, Engg. and Misc Claims
To correspond with the clients in respect of their losses.
To scrutinize and put up claims for consideration and settlement to the management.
To settle claims upto Rs. 100, 000/-
To report statistical information of the claims
Operations, Marine Underwriting, Marine Claims
Marine Underwriting, Quotations, Policies, Account Receiveables, Refunds, Govt. Levies etc.
To Disburse Salaries, To Maintain Accounts
Offered by Pakistan Insurance Institute (Affiliated with Karachi University). Diploma comprises two semesters. Examinations are held at PII (40% weightage) and then at University of Karachi (60% weightage).
Qualified in 8 Papers.
Bachelor of Commerce, 2nd Division
Diploma in Computer Science, Grade A