New Business Specialist – Insurance Operations

2 weeks ago

Noida, Uttar Pradesh, India Shashwath Solution Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Job Summary:

The New Business Specialist is responsible for handling end-to-end processing of new business applications within the insurance domain. This role ensures timely and accurate verification, coordination, and issuance of policies in compliance with organizational and regulatory standards. The ideal candidate will have strong attention to detail, excellent communication skills, and the ability to collaborate effectively with multiple teams to ensure seamless policy onboarding and customer satisfaction.

Key Responsibilities:

  • Manage and process new business applications efficiently and accurately within defined timelines.
  • Review and verify policy documents, forms, and applications as per company guidelines and compliance standards.
  • Coordinate with Underwriting, Operations, and Sales teams to ensure smooth and timely policy issuance.
  • Ensure strict adherence to regulatory and organizational compliance throughout the new business process.
  • Track, identify, and resolve discrepancies in proposals, premium payments, and documentation.
  • Provide professional support to internal stakeholders and customers regarding policy status, queries, and requirements.
  • Maintain and regularly update MIS and reports related to new business applications and process metrics.
  • Monitor and ensure adherence to defined Turnaround Times (TATs) and service level agreements.
  • Participate in process improvement initiatives to enhance operational efficiency, accuracy, and customer experience.

Qualifications and Skills:

  • Bachelors degree in Commerce, Business Administration, Finance, or related discipline (preferred).
  • years of experience in New Business Processing, Policy Issuance, or related Insurance Operations (Life or Annuity preferred).
  • Strong understanding of insurance processes, documentation, and compliance requirements.
  • Proficiency in MS Excel, Word, and policy administration systems.
  • Excellent attention to detail, analytical ability, and problem-solving skills.
  • Strong communication and coordination abilities to work effectively with cross-functional teams.
  • Ability to meet deadlines and perform in a fast-paced, process-driven environment.

Key Competencies:

  • Process Accuracy and Compliance
  • Analytical and Problem-Solving Skills
  • Collaboration and Teamwork
  • Data Management and Reporting
  • Time Management and Prioritization
  • Customer Focus and Service Orientation
  • Continuous Improvement Mindset

  • Senior Operational Tax Specialist

    7 days ago

    Noida, Uttar Pradesh, India Allianz Insurance Full time ₹ 4,00,000 - ₹ 6,00,000 per year

    Role Purpose:The Senior Tax Specialist is responsible for managing direct and indirect tax compliance (VAT/HAST/GST/IPT) and reporting processes, ensuring accuracy and timeliness in line with local regulations and group policies. This role requires solid technical expertise and autonomy in handling complex tax matters, as well as providing advisory support...

  • Insurance Verification Specialist

    1 week ago

    Noida, Uttar Pradesh, India Remote Dental Billers Full time ₹ 6,00,000 - ₹ 12,00,000 per year

    Job Description: Insurance Verification Specialist (Dental Billing Domain)Job Location: Sector-63 NoidaPosition Overview:An Insurance Verification Specialist in the dental billing domain is responsible for ensuring accurate and timely verification of patients' dental insurance coverage. This role involves coordinating with insurance providers, updating...

  • Premium & Billing Specialist - Insurance Operations

    1 week ago

    Noida, Uttar Pradesh, India Shashwath Solution Full time ₹ 40,00,000 - ₹ 1,20,00,000 per year

    Skilled insurance specialist to join our Premium & Billing team to handle the Premium Processing / Premium Suspense / Workflow Query / Email Query / Reports / Payments activities. Key Responsibilities:Maintain and update project documents, schedules, and trackers.Support financial transactions related to payments.Coordinate with different teams to ensure...

  • AVP-Insurance Operations

    1 week ago

    Noida, Uttar Pradesh, India Genpact Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    In this role, you are encouraged to drive team performance, ensuring daily service level metrics are met while maintaining a high level of accuracy, providing mentorship and development to your direct reports and meeting defined quality, customer experience and efficiency requirements.Responsibilities• Drive transformation projects from operations, digital...

  • Business Development Manager

    1 week ago

    Noida, Uttar Pradesh, India Swastika insurance broking (1Click Policy) Full time ₹ 4,20,000 - ₹ 12,60,000 per year

    Job Title: Business Development Manager (Insurance Sector)Experience: Minimum 3 YearsDepartment: Sales & Business DevelopmentLocations: UP, Punjab, NCRJob Summary:Responsible for driving sales growth, developing new business opportunities, and managing client and channel relationships in the insurance sector (Life/Health/General/Other). The role involves...

  • Business Development Specialist

    1 week ago

    Noida, Uttar Pradesh, India DigiTech Squad Full time

    About the CompanyAtDigitech Squad), we're driven by innovation and impact. We specialize in delivering advanced IT and digital solutions that empower global businesses. Our culture thrives on collaboration, creativity, and client successAbout the RoleWe're looking for aBusiness Development Specialistwho is motivated, organized, and creative — someone who...

  • Project Manager Insurance

    2 weeks ago

    Noida, Uttar Pradesh, India Paytm Full time ₹ 15,00,000 - ₹ 50,00,000 per year

    About Us Paytm is India's payment Super App offering consumers and merchants most comprehensive payment services. Pioneer of mobile QR payments revolution in India, today, Paytm is India's largest payment company by Users, Merchants, Payment Transactions and Revenue. Paytm's mission is to drive financial inclusion in India and bring half a billion Indians...

  • HC and Insurance Operations Analyst

    7 days ago

    Noida, Uttar Pradesh, India NTT DATA Full time ₹ 40,00,000 - ₹ 1,20,00,000 per year

    Assists in preparing SOP for new process. Ensures accurate and timely processing of transactions to meet or exceed client service level agreements. Performs quality audits on accounts. Undergraduate degree or equivalent combination of education and work experience. Strong ability to analyze reasons behind incomplete transactions. Good understanding of...

  • Assistant Manager-Back Office-New Business

    1 week ago

    Noida, Uttar Pradesh, India EXL Full time ₹ 8,00,000 - ₹ 13,00,000 per year

    DescriptionProcess performance – Maintain and improve as per SLAs /KPIs over the month. Employee Satisfaction people development and morale. Maintain Attrition within target levels. Improvement in quality and productivity. Customer Satisfaction. Compliance to policies. Share updates with client/customer on a regular basis provide RCA and action plan...

  • Project Manager Insurance

    1 week ago

    Noida, Uttar Pradesh, India One97 Communications Limited Full time ₹ 4,00,000 - ₹ 12,00,000 per year

    About UsPaytm is India's payment Super App offering consumers and merchants most comprehensive payment services. Pioneer of mobile QR payments revolution in India, today, Paytm is India's largest payment company by Users, Merchants, Payment Transactions and Revenue. Paytm's mission is to drive financial inclusion in India and bring half a billion Indians...