
Operations Professional
2 days ago
Job Overview:
As an Operations Associate, you will play a pivotal role in ensuring the smooth functioning of our organization's operations. This is an exciting opportunity to join a dynamic team and contribute to the success of our company.
Key Responsibilities:
- Process post-issue service requests, including address changes, beneficiary updates, ownership and payor changes, and banking information updates.
- Handle routine maintenance tasks, such as corrections to policy data, transaction reversals, and reinstatements.
- 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 are met according to SLA requirements.
- Support audits and regulatory compliance activities by providing accurate documentation and timely responses.
- Maintain a strong understanding of policy administration systems, transaction codes, and process workflows.
- Participate in process improvement initiatives and provide feedback for automation opportunities.
Requirements:
- Graduation in any stream, Commerce Graduate preferred.
- 1+ year of working experience (Life insurance domain) that required a 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.
- Experience using a computer with Windows PC applications that required keyboard usage, screen navigation, and learning new software tools.
- Effective English business communication skills required to exchange information with clients.
- Ability to solve basic mathematical problems.
- Basic Email/Letter writing skills.
- Good understanding of MS Excel and MS-Outlook.
- Life Insurance domain knowledge is must (preferably Annuities).
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