Sr Analyst| Claims

22 hours ago

Mumbai, Maharashtra, India Gryphon Hytech Services Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Role : Sr. Process Analyst

Location : Mumbai

Work mode : Hybrid

Experience : 3+yrs

Must Have :

  • Claims & Placement
  • Reinsurance

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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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Position Summary

We are hiring an Analyst to FAC process for ensuring the quality and effectiveness of business, products, and services within India business. The reinsurance placement & claims tasks 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, claims cycle and its collection.

Primary Responsibilities

Placement:

  • Set-up client in our system, ensuring all the necessary details and documentation are accurately recorded
  • 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
  • Generate closing statements to facilitate the collection of premium
  • Coordinate closely with cedents and underwriters to ensure smooth processing of all transactions, maintaining clear communication and addressing issues promptly

Claims:

  • Identifying and booking claims: Our team identifies valid claims as per the slip, books them in the system and ensures all claim details are accurately documented
  • Generating closings: We generate closing statements to facilitate the settlement of claims
  • 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

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