GenpactEmployer profile
Process Developer – Underwriting Analyst-INS025163
Location not specified · Experience not specified
Experience
- Experience not specified
Salary
- Not disclosed
Location
- Location not specified
Work mode
- Not specified
Job type
- Full-time
Apply by
- Closing date not listed
Posted
- 12 Feb 31
About this role
Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose - the relentless pursuit of a world that works better for people - we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.We are inviting applications for the role of Process Developer – Underwriting Analyst
Your role will require you to utilize your experience in and knowledge of insurance/reinsurance and underwriting processes to process transactions for the Underwriting Support Teams and communicate with the Onsite Team.
Responsibilities
- Work on new business submission to validate availability of minimum required information in the document and segment the same to correct underwriting department with proper platform setup
- Transaction processing according to standard work & SOP and work as underwriting analyst.
- Hands-on MIS skillset for day-to-day data handling and doing production- Excel proficiency is must. (Pivot, data cleansing and standardization and data scrubbing)
- Work loss run reports and Prior history of the applicant's insurance claims activity and cleanse the data.
- Sending Loss run requests to pricing and actuarial teams for further analysis and decision making.
- Extracting loss runs from existing documents and cleanse it and upload the information in the template.
- Preparing insurance claims template after analyzing the loss runs and upload it on platform.
- Sending underwriters the claims reports and informing them in case a loss run report is not available or in any case of missing information for processing.
- Prioritize transactions according to documented guidelines to meet SLA.
- Domain expert in US insurance with direct/indirect client relation and client handling.
- Understand and apply Process Core Competencies
- Good knowledge of P&C Insurance Underwriting
- Interact with Onshore /Offshore and customer in a respectful and professional manner via email and on calls if required
Minimum Qualifications
- Any graduate (except technical, BE and LLB)
- Good analytical and problem solving skills
- Ability to communicate verbally and through emails with businesses.
- Proven ability to build effective working relationships with clients & internal stakeholders.
- Positive attitude with a focus on continuous process improvement and an open mind to change.
- U.S. Insurance /commercial/Intake and Routing/P&C.
- Excellent Written and Verbal Communication skills.
- Ability to facilitate and own resolution of discrepancies and disputes.
- Ability to handle multiple priorities within strict time constraints.
- Ability to independently research, analyze, and recommend solutions to close open items and discrepancies.
- Ability to successfully interact in a challenging and high-risk collection environment with demanding internal and external customers
- Relevant Exp in BPO US/UK Insurance or commercial insurance
Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a 'starter kit,' paying to apply, or purchasing equipment or training.
Job
Process Developer
Primary Location
India-Jaipur
Schedule
Full-time
Education Level
Bachelor's / Graduation / Equivalent
Job Posting
Aug 7, 2024, 7:07:02 AM
Unposting Date
Sep 6, 2024, 1:29:00 PM
Master Skills List
Operations
Job Category
Full Time