Magma General Insurance Limited

8 open roles

India

Locations: Mumbai · Ahmedabad · Chennai

Corporate Motor Underwriter
Magma General Insurance Limited·Mumbai, India
Ensure branch underwriting teams adhere to HO underwriting philosophies, frameworks, and guidelines to support disciplined underwriting and achieve target COR and business outcomes. Monitor portfolio performance at a national level to identify adverse and profitable trends, growth segments, and recommend corrective or growth actions. Drive implementation of agreed portfolio initiatives to improve profitability and market position. Lead and develop junior…
- Full-time
8d ago
State Claim Manager
Magma General Insurance Limited·Ahmedabad, India
Responsibilities Manage and monitor Motor claims operations at the state level, including claim frequency and severity, TAT, settlement ratio, claim size, loss ratio, and end-to-end payment and reserve approvals. Maintain strong relationships with channel partners, dealers, repairers, and ensure availability of skilled regional manpower while addressing claim issues with corrective actions. Conduct regular state-level and high-aging claim reviews, initiate IFCU…
- Full-time
19d ago
Marine Underwriter
Magma General Insurance Limited·Mumbai, India
Responsibilities Reviewing of RFQ, collection of requisite information for the proposal & preparation of quotes and approvals pertaining to the zone if the risk is falling within the appetite of the company. Underwriting of risks under Marine Cargo line of business involving proposal evaluation, quotations etc. Preparation of Various MIS and reports pertaining to the Zone & Corporate office. Product…
- Full-time
21d ago
Lead - Financial Planning & Accounts
Magma General Insurance Limited·Mumbai, India
About the Role The role involves comprehensive financial planning and analysis to support the company's strategic objectives and ensure profitability. Responsibilities Financial planning for the company at regular intervals Scenario testing at multiple levels in planning Tracking and monitoring company’s profitability Release Weekly/monthly/quarterly MIS capturing the status and progress of business and profitability and Actual V/s Plan Variance analysis Statistical…
- Full-time
27d ago
Customer Relationship Management Application
Magma General Insurance Limited·Mumbai, India
- Role & Responsibilities Proven experience as a Functional / Technical Consultant or similar with focus on Microsoft Dynamics 365 CRM implementation. Collaborate, manage, and lead meetings with Business users and stakeholders to ensure functional requirements are being met. Understand workflows, plug-ins, and entity modifications of Microsoft Dynamics Develop specifications for Dynamics enhancements and integrations to other business applications. Manage…
- Full-time
Jul 15
Manager - Health Claims
Magma General Insurance Limited·Mumbai, India
About the Company Claim Assessment & Processing: Evaluate claims (cashless/reimbursement) as per policy terms, medical documents, and regulatory guidelines, ensuring accurate adjudication. About the Role Coordination & Communication: Liaise with TPAs and internal teams; issue queries, approvals, and repudiation communications in a timely to TPA & Customer. Responsibilities Compliance & Documentation: Ensure adherence to SOPs, IRDAI norms, and maintain complete…
- Full-time
Jul 12
State Head - TP Claims
Magma General Insurance Limited·Mumbai, India
Responsibilities Monitoring of Motor Third Party Claims for Maharashtra State. Effective handling of Contestable cases and briefing to advocates with proper line of action and regular follow-ups. Oversee the processing and negotiation of Motor TP Claims. Conduct periodic reviews of high value TP claims to ensure reserve adequacy and prevent revenue leakage. Co-ordinate with investigation Team and local authorities to…
- Full-time
Jul 12
Commercial Underwriter
Magma General Insurance Limited·Chennai, India
Managing Property line portfolio of the company with the objective of achieving top line and bottom line, maintaining loss ratio as per the budget Product development related to Property line Underwriting of risks under various property products (Fire, Engineering and Misc products) Managing various activities related to underwriting, product development, risk engineering, reporting etc Responsible for regulatory and compliance related…
- Full-time
Jun 21