Claims Processing-Life Insurance

Job Description

Opening with a leading Insurance Industry for their office in Hyderabad. Role: Claims Processing-Life Insurance Location: Hyderabad Experience: 3-4Years+ Qualifications: Graduation/Postgraduation (Any) Roles & Responsibilities: Team Leadership: Supervise and motivate a team of claims professionals. Provide guidance, training, and support to ensure optimal performance. Foster a positive and collaborative team culture. Claims Processing: Oversee the end-to-end life insurance claims process. Review and assess claim documentation for accuracy and completeness. Ensure adherence to company policies and regulatory requirements. Beneficiary Communication: Communicate with beneficiaries in a compassionate and understanding manner. Address inquiries and provide clear explanations of the claims process. Collaboration: Liaise with other departments, such as underwriting and legal, to resolve complex claims. Collaborate with external partners, such as medical professionals or investigators, when necessary. Quality Assurance: Implement quality control measures to maintain accuracy in claims processing. Regularly review and update departmental procedures to enhance efficiency. Reporting: Prepare and present regular reports on claims processing metrics and team performance. Provide insights to senior management for continuous improvement/New Trends etc. Authority Reports such as BAP, Monthly/Quarterly/Annually statistics by reconciliation with accounts. Qualifications : Bachelor's degree in business, finance, or a related field. Proven experience in life insurance claims processing, with at least 5-7 years in a managerial role.In-depth knowledge of insurance regulations and industry best practices. Strong leadership, communication, and interpersonal skills. Interested Candidates can share their CV's at afreen@topgearconsultants.com