Policy Administrator

Department Icon Insurance- Life Insurance
Posted: 1 year ago
1-2 years
Chennai
Insurance- Life Insurance
Work From Office
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: Ensure smooth and efficient administration of life insurance policies, supporting various aspects of the policy lifecycle.

What you will do: Maintain policy records, process policy changes, handle customer inquiries and resolve policy-related issues.

Key responsibility:

  • Maintain accurate policy records and documentation.
  • Process policy changes, including address updates, beneficiary changes, and premium adjustments.
  • Handle customer inquiries and provide information on policy details.
  • Resolve policy-related issues and complaints.
  • Ensure compliance with all company policies and regulations.
  • Prepare reports and summaries on policy data.
  • Assist in the preparation and distribution of policy documents.

Required Qualification and Skills:

  • Bachelor's degree.
  • Experience in insurance administration or a related field is preferred.
  • Knowledge of life insurance products and procedures.
  • Excellent organizational and time management skills.
  • Strong communication skills, both written and verbal.
  • Proficiency in Microsoft Office Suite.

Benefits Included:

  • Competitive salary and benefits package.
  • Opportunities for professional growth and development within LIC.
  • Stable and secure employment with a leading insurance provider.
  • Comprehensive health insurance coverage.
  • Paid vacation and holidays.

A Day in the Life: You'll spend your day managing and updating policy information, answering client inquiries, and resolving any policy discrepancies or issues, ensuring policies remain accurate and up-to-date.

Skills

Policy AdministrationInsuranceCustomer ServiceData ManagementRecord Keeping

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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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