
Operations Associate
8 hours ago
Title: Operations Associate
Location: Gurugram, Haryana, India
Duration: Full Time Permanent
Work mode - Hybrid but depending on client need should be comfortable to work 5 days from office if required.
Shift hours – Starting 5.30 p.m IST – 2.30 a.m IST and 6.30 p.m IST – 3.30 a.m IST
Notes:
Specific skill requirement – Background in Life Insurance.
Knowledge of policy servicing.
Operation associate working specifically into life insurance domain.- Issuance to Maturity
Description:
• 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 the 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 your work product.
• Experience in a professional/office related environment that required you to work regularly scheduled shifts.
• Experience using a computer with Windows PC applications that required you to use a keyboard, navigate screens, and learn new software tools.
• Effective English business communication skills required to exchange information with client.
• Ability to solve basic mathematical problems.
• Must have 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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