Company Insurance Administrator
4 days ago
The Insurance Coordinator will be responsible for managing the company's insurance records, monitoring policies, and negotiating with insurance companies to secure the best terms.
About the RoleThis is a critical role that requires strong organizational skills, attention to detail, and effective communication abilities. As an Insurance Coordinator, you will be responsible for maintaining accurate records of properties and vehicles insured by Inland Corporation, regularly reviewing insurance policies, soliciting proposals from insurance companies, and presenting these proposals to Branch Unit heads for approval.
Key Responsibilities- Maintain accurate records of properties and vehicles insured by Inland Corporation.
- Regularly review and monitor insurance policies to ensure compliance and optimal coverage.
- Solicit proposals from insurance companies for new and renewal policies.
- Negotiate with insurance companies to secure the best possible terms for Inland Corporation.
- Present proposals to Branch Unit heads for approval.
- Request insurance policies based on approved proposals.
- Coordinate with ORIX/LBP Leasing to obtain copies of insurance policies affecting mortgaged assets.
- Prepare Request for Payment (RFP) forms and obtain BU head approval.
- Submit RFPs and policy copies to Miss Jo Gilda.
- Follow up on premium payment checks and inform insurance companies of availability.
- Monitor receipt of official receipts from insurance companies.
- Send original receipts to ORIX/LBP Leasing.
- File original insurance policies.
- Send original official receipts to Miss Jo Gilda.
- Attend to additions, deletions, and changes in insurance policies by requesting endorsements.
- Seek renewal terms at least one month prior to policy expiration.
- Present renewal proposals to BU Heads for approval.
- Receive claim notices and report them to the insurance company.
- Coordinate with assigned adjusters and officers in charge of claims.
- Monitor submission of claim documents.
- Assist in processing claims.
- Follow up on claim progress.
- When complete claim documents are submitted, follow up on settlement check until release and receipt by Inland Corp.
- Coordinate with Inland Corp and insurers for vehicle release and documents for total loss claims.
- Provide advice on non-life insurance inquiries.
- Assist in following up life insurance issuance, endorsements, and premium payments.
- Assist in following up life insurance claims from Inland Corp for document submission.
- Follow up on prompt processing of life insurance claims.
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