Insurance Policy Renewal Executive
1 month ago
Company Overview
LMV Financial Services Pvt Ltd is a leading financial services company with a mission to provide affordable loans with affordable interest rates. We expanded our services to include insurance broking, aiming to protect our customers and their families from uncertainties. Our customer base has been growing steadily, and we strive to provide excellent services to ensure our customers' satisfaction.
Job Overview
We are looking for a detail-oriented Insurance Policy Renewal Executive to join our team. As an Insurance Policy Renewal Executive, you will be responsible for managing the policy renewal process and ensuring timely and accurate renewal of insurance policies. This is a full-time position based in Hyderabad, Telangana, India. The ideal candidate should have 1 to 3 years of experience in insurance policy renewal.
Qualifications and Skills
- 1 to 3 years of experience in insurance policy renewal or a similar role
- Strong attention to detail and accuracy
- Excellent communication and interpersonal skills
- Proficient in using computer systems and software related to policy management
- Knowledge of insurance products and policies
- Ability to handle multiple tasks and meet deadlines
- Customer-focused mindset
- Strong problem-solving and decision-making abilities
- Ability to work independently as well as in a team
Roles and Responsibilities
- Manage the policy renewal process for insurance policies
- Contact customers and provide reminders for policy renewal
- Review policy renewal applications and ensure all required information is complete
- Coordinate with insurance providers to obtain renewal quotes
- Prepare policy renewal documents and send them to customers for review and signature
- Update customer records and policy information in the database
- Collaborate with the sales team to identify upsell and cross-sell opportunities during the renewal process
- Address customer inquiries and resolve any issues or concerns related to policy renewal
- Ensure compliance with company policies and procedures as well as regulatory requirements
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