Process Analyst( P&C insurance )-Chennai

3 days ago

Chennai, Tamil Nadu, India Ltimindtree Full time ₹ 2,50,000 - ₹ 7,50,000 per year

LTIMindtree hiring for Process Associate for Chennai Location.

.

Exp-2 to 5 yrs

Notice period-immediate to 15 days

Location- Chennai

Mandatory skills- Understanding of Policy Administration Systems in P&C insurance , P&C products

If interested Share me these details along with cv in my email -

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Job Description-

Underwriting for the scope defined in the RFP

Correspond with Agents Brokers via email to collect and analyze insurance information that facilitates the risk assessment process and provides underwriting support

Document and communicate policy approvals or rejections to the underwriting team insurance agents supervisors and other stakeholders in a timely manner

Gather data from several sources including emails workflows third party sources MVR ISO loss run reports etc on new and renewal business for the underwriting decision process

Compile data and analytics for reports that can advise insurance policy guidelines and whether coverage should be provided

Reviews instructions from agent underwriter insured broker etc to understand determine what is needed to provide quotes issuances renewals endorsements Crits etc

Ensure that all applications for coverage are accurate and complete and any missing data to be furnished within the TAT

Enters information on quotes issuances renewals audits endorsements and or cancellations reinstatements based on rules and company procedures

Enters rate premium and or policy information into appropriate systems for policy updates issuance

Maintain accurate UpToDate records within underwriting software programs by verifying all documents for accuracy and completion to provide sound policy recommendations to prospective and existing customers

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