Central Endorsement Specialist
3 days ago
Job Overview
We are seeking a Central Endorsement Specialist to join our team at Anand Rathi Insurance Brokers Ltd. In this role, you will be responsible for managing the end-to-end endorsement process for Group Medical Coverage (GMC), Group Personal Accident (GPA), and Group Term Life (GTL) policies.
About the Role:
The Central Endorsement Specialist will play a critical role in maintaining policy accuracy, compliance with insurer requirements, and providing seamless service to clients. You will process policy amendments, liaise with insurers, and ensure timely updates to policy documents. Your strong understanding of group insurance policies and attention to detail will help maintain operational efficiency and client satisfaction.
Main Responsibilities:
- Process endorsements for additions, deletions, or modifications in GMC, GPA, and GTL policies.
- Ensure endorsements are accurately reflected in policy documents and systems.
- Update and maintain accurate records of all policy endorsements.
- Review policy schedules and endorsements to ensure alignment with client requirements.
- Ensure all endorsements comply with insurer guidelines and regulatory requirements.
- Perform quality checks to minimize errors and discrepancies in endorsement processing.
- Liaise with insurance companies to obtain approvals and confirmations for endorsements.
- Collaborate with client servicing teams to address queries related to policy changes.
- Prepare regular reports on endorsement activities and status.
- Analyze trends in endorsements to identify areas for process improvement.
- Provide timely updates to clients regarding endorsement requests.
- Address client concerns and ensure high levels of service satisfaction.
Requirements:
To be successful in this role, you will need:
- Strong technical knowledge of GMC, GPA, and GTL insurance policies and endorsement processes.
- A high level of accuracy in processing and reviewing endorsements.
- Clear and professional communication skills.
- Organizational skills to manage multiple endorsement requests efficiently and meet deadlines.
- Problem-solving skills to proactively resolve discrepancies and address client queries.
- Technological proficiency in insurance broking systems and MS Office tools.
What We Offer:
In return for your expertise and dedication, we offer a competitive salary of ₹35 lakhs per annum, making it an attractive opportunity for those looking to advance their career in the insurance industry.
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