Insurance Associate

We are M G Global Services Private Limited formerly known as 10FA India Private Limited and prior to that Prudential Global Services Private Limited We are a fully owned subsidiary of the M G plc group of companies operating as a Global Capability Centre providing a range of value adding services to the Group since 2003 At M G our purpose is to give everyone real confidence to put their money to work As an international savings and investments business with roots stretching back more than 170 years we offer a range of financial products and services through Asset Management Life and Wealth All three operating segments work together to deliver attractive financial outcomes for our clients and superior shareholder returns M G Global Services has rapidly transformed itself into a powerhouse of capability that is playing an important role in M G plcs ambition to be the best loved and most successful savings and investments company in the world Our diversified service offerings extending from Digital Services Digital Engineering AI Advanced Analytics RPA and BI Insights Business Transformation Management Consulting Strategy Finance Actuarial Quants Research Information Technology Customer Service Risk Compliance and Audit provide our people with exciting career growth opportunities Through our behaviours of telling it like it is owning it now and moving it forward together with care and integrity we are creating an exceptional place to work for exceptional talent JOB DESCRIPTIONJob Title Insurance Associate ExecutiveReports to Team ManagerScope of RoleM G Global Services Pvt Ltd MumbaiM G Global Services Pvt Ltd MumbaiOperations Customer ServicesKey departments areas of responsibilityOperationsJob Dimensions Financial Non Financial Not Applicable No direct reports Overall Job Purpose A key member of Customer Service Operations team responsible for providing an efficient effective and compliant service to policyholders Key accountabilities include handling of simple and complex cases quality in service delivery accuracy in providing and capturing information while adhering to compliance guidelines and support to team managers Key Accountabilities and Responsibilities Key responsibilities Wealth Operations PFP Adhoc Projects To provide customer service to both internal and external customers Ensure own work is completed to a high level of accuracy within service level agreements to achieve regulatory targets Maintain and implement personal development plan in partnership with immediate manager Identify facilitate and implement process improvement ideas to improve efficiency Keep own knowledge up to date in relation to servicing processing compliance activities Execute non-standard cases and manual work that cannot be processed on standard systems Learn all the skills and knowledge that would cover a broad range of servicing activities across regulated products Identify customer needs providing assistance information and capturing essential details on the system thereby enabling other departments to fulfil the customer requirements To demonstrate a positive risk compliance and control culture through the identification assessment monitoring and management of risks and issues within the business area alongside ensuring timely and appropriate resolution of control weaknesses actions and failures that arise To achieve and maintain required level of competency as per the training and competency framework Responsible for the day to day pre sales administration for PFP and servicing of Retirement Account customers Responsible for updating details on various systems Will also be responsible for sending template letters to customers and at times creating free-form letters to respond to customer queries Handle calls to ceding companies or internal departments within UK if required for some work types Key Interfaces Internal External Colleagues Process Leaders Team Managers Business Managers Service Delivery Areas Call Handlers Processors Customers Clients Financial AdvisorsCompetence Knowledge Skills requiredQualificationGraduateKnowledgeBasic knowledge of computersSkillsGood verbal and written communication skillsAbility to grasp processes and understand the implications of changes in processesAbility to understand customer requirements and apply knowledge training to different servicing scenariosEye for detailTeam playerWe live by four behaviours at M G and we ask all our employees to Inspire Others Support and encourage each other creating an environment where everyone can contribute and succeedEmbrace Change - Be open to change willing to be challenged and able to adapt quickly and imaginatively to new ideasDeliver Results - Focus on outcomes set high standards and deliver with energy and determinationKeep it Simple - Cut through complexity and bureaucracy be clear and decisive and never overcomplicate thingsAt M G Global Services Diversity and Inclusion is a strategic objective We know that an inclusive environment makes us more accessible and ensures we attract engage promote and retain exceptional people We welcome applications from all individuals regardless of age gender gender identity sexual orientation ethnicity nationally disability or military service and welcome those who have taken career breaks We will consider flexible working arrangements for any of our roles ExperienceFreshers eligiblePreference would be given to individuals from an insurance background with approximately 1 year experience Insurance Associate with experience in handling written communication We have a diverse workforce and an inclusive culture at M G Global Services regardless of gender ethnicity age sexual orientation nationality disability or long term condition we are looking to attract promote and retain exceptional people We also welcome those who take part in military service and those returning from career breaks