Life Insurance Policy Servicing Executive

Department Icon Insurance- Life Insurance
Posted: 1 year ago
1-2 years
Ahmedabad
Insurance- Life Insurance
Hybrid
Full Time
Upto ₹0 - ₹0

Posted: 1 year ago
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Posted over 15 days ago, so the role may have closed. Confirm on the employer's page when you apply, or see similar jobs.

Job Description

What role you will play in team: You'll be responsible for providing exceptional customer service, resolving policyholder inquiries, and ensuring smooth operations related to policy servicing.

What you will do: Process policy changes, handle premium payments, provide updates on claims, and address general policyholder inquiries.

Key responsibility:

  • Respond promptly and efficiently to policyholder inquiries.
  • Process policy changes (address updates, beneficiary changes etc.).
  • Handle premium payments and manage outstanding premiums.
  • Provide updates on claim status to policyholders.
  • Maintain accurate and up-to-date policy records.
  • Escalate complex issues to the appropriate team members.

Required Qualification and Skills:

  • Bachelor's degree or equivalent.
  • Strong customer service orientation.
  • Excellent communication and interpersonal skills.
  • Ability to handle high volumes of inquiries effectively.
  • Strong organizational and time-management skills.
  • Proficiency in MS Office Suite.

Benefits Included:

  • Competitive salary and benefits.
  • Opportunities for professional development.
  • Job security with a well-established organization.

A Day in the Life: A typical day involves responding to numerous calls and emails from policyholders, processing transactions, and keeping meticulous records of all interactions.

Skills

Customer ServicePolicy ServicingCommunicationProblem-Solving

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About Company

Life Insurance Corporation of India (LIC) is an Indian state-owned insurance group and investment company. It is one of the largest insurance companies in India.

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