Sr. Process AnalystReinsurance claims

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profile Job Location:

Mumbai - India

profile Monthly Salary: Not Disclosed
Posted on: 15 hours ago
Vacancies: 1 Vacancy

Job Summary

Job Description-
  • 3 years experience in reinsurance claims
  • Endorsement renewals & cancellations

  • Basic Information
  • Job Title

    Sr. Process Analyst

    Report to (Job Title)

    Client Services GGB - Sr. Process Analyst

    Department

    GGB India

    Direct Reports (Job Title)

    Team Manager

    Division

    Operations

    Location

    Mumbai

  • About Gallagher:
  • Gallagher is one of the leading insurance brokerage risk management and HR & benefits consulting companies in the world. With significant reach internationally our organization employs over 52000 people and our global network provides services in more than 130 countries.

    Gallagher Center of Excellence (GCoE) supports the Gallagher team around the globe and around the clock by providing a wide range of services from back office and administrative services to knowledge intensive and niche services. Its a crucial component of Gallaghers ability to provide industry-leading quality customer service regulatory compliance and improved speed to market. We combine functional expertise industry knowledge and technology with a passion for excellence to deliver mission-critical services for our global staff.

    GCoE is a team of 11000 employees across five locations Bengaluru Pune and Mumbai Kolhapur & Shimoga providing reliable fast and high-quality support. Working at the GCoE gives you the opportunity to join a growing global organization. We offer our employees an unmatched professional environment to use their skills improve their knowledge and deliver tangible results.

    At Gallagher we want to empower you to make a difference take control and make an impact. Gallagher believes that all persons are entitled to equality in our employment opportunities.

  • 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

  • Minimum Qualifications
  • Education

    Major

    Any Graduate or Post Graduate with any Specialization

    Degree

    Bachelor Master

    Licenses/Certificates

    • Insurance Certification will be the additional advantage
Job Description- 3 years experience in reinsurance claims Endorsement renewals & cancellations Basic Information Job Title Sr. Process Analyst Report to (Job Title) Client Services GGB - Sr. Process Analyst Department GGB India Direct Reports (Job Title) Team Mana...
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