Life Insurance Policy Administrator

Department Icon Insurance- Life Insurance
Posted: 1 year ago
2-4 years
Hyderabad
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: Maintaining accurate records of life insurance policies from inception to termination. You will ensure smooth and efficient policy administration.

What you will do: Process policy changes, updates, and terminations while adhering to regulations and internal procedures. You will maintain detailed policy records and documentation.

Key responsibility:

  • Maintain accurate and up-to-date policy records.
  • Process policy changes, endorsements, and cancellations.
  • Handle policy inquiries from clients and agents.
  • Ensure compliance with all relevant regulations and internal procedures.
  • Generate reports and perform data analysis as required.
  • Support other areas of the policy administration team as needed.
  • Maintain confidentiality of client information.

Required Qualification and Skills:

  • Bachelor's degree preferred.
  • Experience in insurance policy administration (preferred).
  • Knowledge of insurance principles and regulations.
  • Strong attention to detail and accuracy.
  • Excellent organizational and time management skills.
  • Proficiency in Microsoft Office Suite.
  • Ability to work independently and as part of a team.

Benefits Included:

  • Competitive salary and benefits package.
  • Health insurance.
  • Paid time off.
  • Career growth opportunities.
  • Opportunities for professional development and advancement.

A Day in the Life: A typical day involves processing policy changes, responding to client and agent inquiries, updating policy records, and ensuring all activities are aligned with regulations. You may also prepare reports or assist with other administrative tasks.

Skills

Policy AdministrationInsurance KnowledgeData EntryCustomer ServiceRegulatory Compliance

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