Azmat Hayat

Seasoned Professional with 20 years of diversified experience across corporate insurance, underwriting, healthcare administration, employee benefits, claims management, finance & accounts, HR support functions, administrative services and insurance operations. Currently serving as Assistant Vice President – Jubilee General Insurance Company Limited, providing comprehensive Group Health, Group Life, Motor and General Insurance solutions to corporate clients. Proven expertise in underwriting, risk assessment, policy structuring, coverage evaluation, pricing and delivering cost-effective insurance solutions.

Successfully managed insurance portfolios exceeding PKR 600 million, healthcare coverage for approx 35,000 lives and Group Life Insurance programs for over 7,500 employees. Experienced in providing end-to-end Group Health Insurance consultancy, including policy design, insurer negotiations, renewals, claims advisory and employee benefits optimization. Recognized for driving operational excellence, regulatory compliance, cost optimization and strong stakeholder relationships.

Assistant Vice President - Jubilee General Insurance Company Limited

(2026-04)

• Develop and manage corporate relationships by delivering customized Group Health, Group Life, Motor and General Insurance solutions.
• Provide end-to-end Group Health Insurance consultancy, including policy design, insurer negotiations, renewals, claims advisory and employee benefits optimization.
• Evaluate client risks and collaborate with underwriting teams to determine coverage eligibility, policy terms and pricing.
• Advise corporate clients on risk management strategies and insurance portfolio optimization.
• Coordinate with underwriting, claims, operations, and finance teams to ensure efficient policy issuance, servicing and renewals.
• Negotiate competitive insurance solutions while fostering long-term client relationships through value-added advisory services.

Manager Insurance & Administration - DHA Lahore

(2003-07 - 2026-03)

Led Insurance, Healthcare Administration, Employee Benefits, HR & Administrative Support and Inventory Management functions.

• Managed Health, Life, Fire and Terrorism Insurance portfolios, ensuring effective risk coverage and policy compliance.
• Administered annual health insurance budgets exceeding PKR 600 million.
• Oversaw healthcare coverage for approx 35,000 employees and dependents & supervised management of 24,000+ health insurance claims annually.
• Managed DHA Hospital insurance operations including pre-authorizations, claims facilitation and coordination with insurance providers.
• Administered Group Life Insurance programs covering approx 7,500 employees.
• Conducted underwriting assessments by evaluating risk exposure, claims history, and insurance proposals to determine coverage eligibility, policy terms, and pricing.
• Collaborated with insurers, hospitals and vendors on policy negotiations and renewals, leveraging claims and risk analysis to optimize coverage and enhance insurance programs.
• Supported HR operations through employee benefits administration and policy implementation.
• Managed inventory control, records management and administrative operations.
• Coordinated internal and external audits to ensure compliance with organizational policies and regulatory requirements.
• Prepared utilization studies, analytical reports and financial evaluations to support strategic decision-making.
• Managed insurance administration for approximately 1,500 vehicles, including renewals, claims settlement, premium administration and vehicle auctions.
• Supervised DHA Transport Department, Petrol Pumps and Defence Clubs with responsibility for budgeting, financial reporting and operational oversight.

Master of Business Administration - Finance - Virtual University of Pakistan (2009)

Diploma in Computer Applications - ITM College Sargodha (1999)