Insurance Policy Administrator

1 week ago


Varanasi, Uttar Pradesh, India beBeePolicyServicing Full time ₹ 30,00,000 - ₹ 60,00,000

Life Insurance Policy Servicing Role

We are seeking an individual to fill a Life Insurance Policy Servicing role. This position will be responsible for processing service requests, maintaining policy records, and ensuring service levels meet SLA requirements.

Duties and Responsibilities

  • Process post-issue service requests including address changes, beneficiary updates, ownership and payor changes, and banking information updates.
  • Maintain and update policy records in administration systems according to standard operating procedures.
  • Collaborate with TPAs, internal teams, and custodians to resolve discrepancies and ensure service quality.
  • Research and resolve escalated issues or incomplete transactions related to policy servicing.
  • Ensure service levels and turnaround times meet SLA requirements.
  • Support audits and regulatory compliance activities by providing accurate documentation and timely responses.

Requirements

  • Graduation in any stream, Commerce Graduate preferred.
  • 1+ year of working experience in the Life insurance domain that required focus on quality, including attention to details, accuracy, and accountability for work product.
  • Experience in a professional/office related environment that required regular scheduled shifts.
  • Effective English business communication skills required to exchange information with clients.

Skills

  • Attention to detail and ability to maintain accurate records.
  • Excellent communication and collaboration skills.
  • Ability to work in a fast-paced environment and meet deadlines.
  • Knowledge of life insurance policies and procedures.
  • Basic computer skills and proficiency in Microsoft Office.

Benefits

  • A competitive salary and benefits package.
  • The opportunity to work in a dynamic and growing company.
  • A supportive and collaborative team environment.
  • Professional development opportunities.


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