Sr. Process Associate|Revenue Booking Process| 1 To 5 Yrs| Mumbai
6 days ago
Job Title : Jr/Sr. Process Associate - Revenue Booking
Location : Mumbai
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IMMEDIATE JOINERS ALERT
We're looking for candidates who can join immediately.
If you're available, please send your CV via WhatsApp only to:
Please note: No calls will be entertained.
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Must Have:
- Brokerage calculations
- Handling booking inquiries
- Quote share placements
Experience :
Jr - 1 to 3 Yrs up to 4.5 LPA
Sr - 3 to 5 Yrs up to 7 LPA
Job Description
Position Summary
We are hiring an Associate to Revenue Booking process for ensuring the quality and effectiveness of business, products, and services within India business. The post placement process transactions for end- to-end client servicing of accounts per IRDAI guidelines. This role requires a comprehensive understanding of the policy life cycle, and the various actions required for New Business/Renewals, Mid-Term Adjustments cycle.
Primary Responsibilities
- Handle booking inquiries for all potential clients on our system
- Book the business on the system, ensuring all the transactions are accurately recorded and aligned with the clients requirements per IRDAI regulatory requirements
- Ensure that brokerage is calculated correctly
- Hold knowledge on quote share placements
- Generate unique reference numbers for to facilitate renewals
- Hold knowledge on GST and various other taxes
- Coordinate closely with cedents and underwriters to ensure smooth processing of all transactions, maintaining clear communication and addressing issues promptly
Additional Responsibilities
- Coordinate closely with cedents and underwriters to ensure smooth processing of all transactions, maintaining clear communication and addressing issues promptly
- Ability to think critically and make sound judgments based on the evidence presented.
- Understanding of best practices in business processes and quality assurance.
- Ability to work independently and as part of a team to achieve quality and compliance objectives.
- Commitment to maintaining confidentiality and handling sensitive information appropriately.
- Willingness to continuously learn and develop new skills to enhance audit effectiveness.
Skills and Competencies
- Technical Proficiency and Understanding of Insurance service
- Excellent Written and Oral communication skills
- Interpersonal skills
- Ownership and Accountability
- Insurance domain knowledge
Minimum Qualifications
- Education Major Any Graduate or Post Graduate with any Specialization
- Degree Bachelor Master
Licenses/Certificates
- Insurance Certification will be the additional advantage
Work Experience
- Minimum 1-5 years of experience of Quality Analysis in Insurance domain
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