Associate Insurance

1 - 4 years

1 - 4 Lacs

Posted:1 week ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

  • Policy Administration: Assist in the preparation and processing of insurance policies
  • This involves gathering necessary client information, verifying data accuracy, and entering information into the company's systems
  • Client Servicing: Support insurance agents and brokers in managing client relationships
  • Respond to client inquiries, address concerns, and provide timely updates on policy status and coverage details
  • Risk Assessment: Participate in the assessment of insurance risks for potential clients
  • Collaborate with underwriters to analyze risk factors and determine appropriate coverage options and premiums
  • Claims Support: Aid in the claims handling process by documenting relevant information, communicating with clients, and facilitating the claims submission to the insurance carriers
  • Data Analysis: Analyze insurance-related data to identify trends, patterns, and potential areas for improvement
  • Prepare reports and presentations to assist in decision-making processes
  • Compliance and Regulations: Stay updated with industry regulations, policies, and procedures to ensure all insurance activities align with legal and ethical standards
  • Market Research: Conduct research on insurance products, competitors, and industry trends to provide valuable insights and contribute to the development of new business strategies
  • Administrative Tasks: Perform various administrative duties, such as maintaining records, preparing documents, and coordinating meetings and events within the insurance team
  • Relationship Building: Cultivate positive relationships with clients, insurance carriers, and other stakeholders to enhance customer satisfaction and foster long-term partnerships

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