Deputy Chief Manager Insurance

1 day ago


Karachi, Sindh, Pakistan Sui Southern Gas Company Limited Full time

Qualifications:

Bachelor's / Master's degree (16 years of education) in Finance, Accounts, or Business Administration from a recognized HEC university with at least 10 years of relevant experience.

OR

ACCA with at least 6 years of relevant experience.

OR

CA / ACMA with at least 4 years of post-membership experience.

Candidates with ACII qualification/certification will be given preference.

Responsibilities:

  1. Manage overall operations of the Insurance function, including acquiring adequate insurance coverage for all assets.
  2. Support and guide personnel in the Insurance Section regarding policy renewals and claims handling.
  3. Coordinate with relevant departments to develop insurance policies and strategies to cover risks and ensure fair claim recovery.
  4. Review insurance policies regularly to ensure coverage adequacy.
  5. Seek approval from Senior Management for additional cover conditions or policy terms.
  6. Oversee the insurance claims process and liaise with surveyors/loss adjusters.
  7. Manage queries related to claims investigations from insurance companies and surveyors.
  8. Review insurance claims data before processing.
  9. Organize accounting and audits of retirement funds and review related financial statements.
  10. Collaborate with procurement and Legal Departments on insurance policy reviews and proposals.
  11. Participate in gas purchase negotiations and review related financial aspects.
  12. Review bid bonds, performance bonds, and guarantees, and arrange refunds upon satisfactory performance.
  13. Assist user departments with tender processes and ensure compliance with PPRA rules.
  14. Ensure compliance with withholding tax requirements.
  15. Advise management on RLNG imports and review financial aspects during negotiations.
  16. Review financial aspects during union negotiations.
  17. Handle bank voucher preparations and payments for various expenses.
  18. Coordinate with departments and gas companies regarding gas purchases.
  19. Assess inquiries from insurance and other external parties to ensure information adequacy.
  20. Coordinate with internal and external parties during catastrophic events.
  21. Identify, assess, and develop response strategies for risks.
  22. Monitor risks and response strategies.
  23. Ensure accurate and timely risk reporting.
  24. Perform other duties as assigned by supervisor.
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