Senior Executive

3 days ago

Bengaluru, Karnataka, India Prudent Insurance Brokers Pvt Ltd. Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Job Description

Role:
Data Management – Employee Benefits

Department:
Employee Benefits Practices

About Us
:

Prudent is a Composite Insurance Broker regulated by the Insurance Regulatory and Development Authority of India (IRDAI) and headquartered in Mumbai, India. Prudent is one of the leading insurance brokers in the country. We specialize in building long-term relationships and instilling confidence in our partners. As a partner-focused organization, we are committed to delivering best-in-class insurance solutions and services tailored to meet the diverse needs of our clients.

Recognized as:

  • Great Place to Work – 2024 and 2025
  • This achievement reflects our unwavering commitment to a workplace where innovation, collaboration, and success go hand in hand; thanks to each Prudent family member for being the driving force behind our success.
  • One of 𝗜𝗻𝗱𝗶𝗮'𝘀 𝗧𝗼𝗽 𝟭𝟬𝟬 𝗕𝗲𝘀𝘁 𝗪𝗼𝗿𝗸𝗽𝗹𝗮𝗰𝗲𝘀 𝗳𝗼𝗿 𝗪𝗼𝗺𝗲𝗻 𝟮𝟬𝟮𝟱 This honor reflects our unwavering commitment to fostering a culture where every woman can thrive and shine, and every voice is heard. Together, we're building a future of 𝗴𝗿𝗼𝘄𝘁𝗵, 𝗲𝗾𝘂𝗮𝗹𝗶𝘁𝘆, and 𝘀𝘂𝗰𝗰𝗲𝘀𝘀 for all team members

Job Title:
Senior Executive – Employee Benefits – Data Management

Reporting to:
Assistant Vice President

Job Summary/About the role:

This position is responsible for managing data management function, data reconciliation, data analysis, periodical reports preparation and presentation. To maintain good relations with the corporate, clients, TPA and insurance companies for the smooth functioning of Endorsements/policies.

Required Qualifications:

Must have Bachelor's Degree / Master's Degree.

Required Experience and Skills:

  • Should have minimum of 2-3 years of experience in General Insurance industry (Insurance Company/Brokers/TPA).
  • Should have minimum of 2-3years of experience in handling data management portal preferably "SAIBA".
  • Should have strong communication skills both verbal and written.
  • Should be strong in MS-Office.
  • Should be a good team player.
  • Demonstrates good judgment in selecting methods and techniques for obtaining solutions.
  • Should possess strong Communication skills and must have good negotiation skills.

Key Responsibilities:

  • To ensure data management (collection, collation, reconciliation and uploading) of all clients and policies in the portal on time with 100% accuracy.
  • Responsible for gathering, collating, storage, preparing required reports as per requirement for business.
  • Developing reports as per business requirements.
  • To maintain TAT of Addition, Deletion, corrections in endorsement.
  • To conduct quantitative/qualitative data analysis on large data using different Excel tools.
  • Intimation of Monthly data of client to insurer post QC and calculation.
  • Follow up with insurer for closure of endorsements within TAT period.
  • To Construct forecasts, Predictions and recommendations based on the Existing Policy Terms.
  • To prepare and present reports monthly, quarterly, and as requested with issues, observations or outcomes specified.

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