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Executives EXL/E/1018612
3 weeks ago
Job Description
Position Title, Responsibility Level
Advisor – Home/Home Recovery
Function
Operations, Executive
Reports to
Assistant Manager – Operations
Permanent/ Temporary
Permanent
Span of Control
NA
Location
Noida - SEZ
Basic Function
To provide timely and effective response to insurance claims, ensuring that the claim is processed accurately and all investigations are carried out to validate activities being undertaken.
The associate will receive information through various excel sheets and client workflow system for which payments need to be processed.
Essential Functions
To action supplier reports, updating our claims system with financial reserves and amending the diary working from a set matrix. Action supplier diary cases where a chase up by telephone is generally required to progress the claim. System updates being made as appropriate from the updated information obtained. Manage and make payments to certain Group suppliers by way of a defined payment procedure. This task involves updating systems and spreadsheets and working to tight deadlines. Meet all requirements laid down by both regulatory bodies and internal procedures, to include payments handled with FSA timescales and guidelines. Executive will need to work as efficiently and effectively as possible to minimize the turnaround time in processing claims whilst maintaining control of claims cost. Executives are required to achieve Key Performance Indicators as set out by the business. At all times, executives will be aware of the commitment to service and the application of the Company’s core values and beliefs. Operate and maintain customer related information systems to the required standards, to maintain accurate records and access information to enable work to be progressed Executives must comply with the Data Protection Act and Client Security Policy and Procedures.Any other essential function that may occur from time to time as directed by the Supervisor
Primary Internal Interactions
LAM or AM for the purpose of reporting performance, escalation handling, clarifying concerns, and seeking feedback and support. Team Members for the purpose of seeking cooperation & clarification on process-related matters & providing assistance and support when required. EXL Trainers and SMEs for escalations and resolution on unresolved transaction, refresher trainings, competencies and soft skill trainings.
Primary External Interactions
SME / Trainers at the client end for training Exception/ escalation teams at the client end for the purpose of seeking clarifications & answering queries Outbound calls to - Third party Insurers to verify information related to claim, group suppliers chasing them for information required to progress the claim Liaise with the on-shore technical experts where required, in order to facilitate the settlement of the claim.Organizational Relationships
Reports To : Assistant Manager – Operations Supervises : NA
Skills
Technical Skills
Good Computer navigation skills, keyboarding skills Should be familiar with MS Office and InternetProcess Specific Skills
Possesses necessary knowledge of business concepts to effectively perform the job Makes decisions in a timely manner; shows good judgment about when to make decisions independently and when to collect more information or involve others. Commits to achieving specific objectives and takes ownership for accomplishing them. Responsible for handling high volumes of transactions. Effectively balances quality, timeliness and productivity standards Handle outbound/inbound calls of UK customers and internal departmentsSoft skills (Desired)
Minimum CEF score of B1-5 Open to work in evening/late evening shifts Self discipline Result orientation AdaptabilitySoft Skills (Minimum)
Problem Solving
Generates various solutions to problems and then selects the most appropriateBusiness Awareness
Understands the business how to implement business initiatives to maximize our competitive advantageTime Management
Strong time management, prioritization skills and organizational skillsCommunicating
Effectively communicates information and knowledge, demonstrating empathy with customers and colleaguesCustomer Focus
Identifies and understands the (internal or external) customer’s needs and strives to provide a world-class serviceTeamwork
Works effectively with team to accomplish goals, takes action that respects the needs’ of others & those of the organizationManaging Self
Plans, priorities and schedules own work to ensure timely completionAdaptability
Maintains effectiveness despite changes to situations, tasks, responsibilities, and peopleAttention to details
Ability to retain information gained as well as having an awareness of where to locate relevant information that is required during the course of assessment of a claim
Education Requirements
Graduate or Diploma holder with at least 15 years of education
Work Experience Requirements
Minimum 1 year work experience. Candidates with prior UK insurance experience will be preferred.
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