5 Premium Calculation Jobs

Greeting from Kotak Life Insurance Interested candidate can share their cv on 8828395189 or Mail: kli.nishmitha-kotian@kotak.com Job Title: Executive Group Insurance Operations (CSG) Job Description: We are looking for a detail-oriented professional to manage end-to-end operations of Group Insurance policies, including policy issuance, endorsements, premium calculations, underwriting coordination, and claims processing. Key Responsibilities: Manual premium calculation based on the benefit structure of the policy Preparation of Proforma Invoice and follow-up for client payments Follow-up for new business and renewal documents Policy conversion coordination and quality check of policy documents Sharing policy documents with brokers and clients Underwriting requirements follow-up and arranging medical check-ups Tracking medical reports and underwriting decisions Updating system records to accept or reject member coverage based on underwriting decisions Handling monthly endorsement data requests and performing data sanity checks Coordinating endorsement requests with Head Office and verifying premium summaries Sharing premium summaries with brokers/clients and ensuring correctness of premium charged Following up for PDF copies of endorsements and rated-up letters Sharing medical reports with employees post underwriting completion Handling gratuity requests and refund details after QC Sharing UTR details with clients for transactions Managing death claim process: locking member records, sharing document requirements, registering claims, and following up on settlement details Required Skills: Strong knowledge of Group Insurance Operations Familiarity with Policy Servicing, Endorsements, Premium Calculations, and Claims Processing Good coordination and follow-up skills with clients, brokers, and internal teams Proficiency in MS Excel and data management Strong attention to detail and process orientation Thanks, Nishmitha.

Job Title: Insurance Rater (Insurance Enrolment Specialist) Location & Shift Work From Office: Calicut (Kozhikode), Kerala Shift: Night shift (exact timings to be specified by HR) Availability: Immediate joiners preferred Experience: 2-5 years (into insurance rating) About the Company Previse Solutions (also referred to as Previse IT Solutions), founded in January 2019 and headquartered in Gaithersburg, MD, is a trusted IT products and services company. We specialize in Agile software development, cloud migration, system integration, and call center optimization for both commercial and Federal clients. Our proprietary SaaS platform, myOmniDesk, delivers AI- and cloud-powered contact centre management redefining service efficiency and customer experience. Role Overview As an Insurance Rater (Insurance Enrolment Specialist) , you will be integral to our backend operations team, processing insurance enrolments throughout the night shift with precision and adherence to regulatory standards. Your expertise in evaluating insurance products such as long-term disability, short-term disability, medical, dental, and life insurance is essential. Key Responsibilities Review and accurately process insurance enrolment applications in the backend system. Analyze, rate, and compare insurance quotes , ensuring coverage options align with product-specific guidelines. Calculate premiums , evaluate risk factors, and set appropriate rates for disability (long-term and short-term), medical, dental, and life insurance policies. Verify documentation, ensuring data integrity and compliance in insurance quoting and binding processes. Troubleshoot discrepancies in quotes or enrolment data and escalate issues as needed. Collaborate closely with underwriters, team leads, and supervisors to meet compliance and performance targets. Maintain up-to-date knowledge of industry regulations and underwriting guidelines. Operate effectively during night shifts, demonstrating reliability and attention to detail in high-volume backend operations. Who Were Looking For Education : Graduate in any discipline. Skills & Experience : Experience evaluating or rating insurance quotes , specifically across long-term disability, short-term disability, medical, dental, and life insurance lines. Proficient in premium calculation , risk evaluation, and policy feature assessment. Strong analytical, numerical, and problem-solving abilities to handle complex quoting and enrolment scenarios. Excellent written and verbal communication skills for clear documentation and interdepartmental coordination. Detail-oriented, with a solid focus on accuracy and data integrity. Comfortable working night shifts and available to start immediately. Compensation & Benefits Salary : Industry Standards. Incentives : Performance-based incentives and shift allowances. Inclusion of standard statutory benefits (e.g., Provident Fund) as per local labour norms. Why Join Us Be a part of a rapidly growing, innovation-driven company with a stellar reputation. Launch your career in a structured and supportive nightshift BPO environment. Gain significant exposure to high-volume backend operations focused on insurance rating, quoting, and underwriting processes.

Role & responsibilities :- Processing of Monthly/Weekly/Daily request for addition/deletion/correction of employee for all accounts - Prepare premium calculation and ensure master file is consistently updated and maintained - Check and maintain Cash Deposit trail balance - Ensure issuance of E-cards in timely manner - Book the revenue on the system, ensuring all the transactions are accurately recorded and aligned with the clients requirements - Holds Technical Expertise in Policy Types and Wordings - Understanding of best practices in business processes and quality assurance. - Commitment to maintaining confidentiality and handling sensitive information appropriately. - Willingness to continuously learn and develop new skills to enhance audit effectiveness.

Role & responsibilities:- -Processing of Monthly/Weekly/Daily request for addition/deletion/correction of employee for all accounts - Prepare premium calculation and ensure master file is consistently updated and maintained - Check and maintain Cash Deposit trail balance - Ensure issuance of E-cards in timely manner - Book the revenue on the system, ensuring all the transactions are accurately recorded and aligned with the clients requirements. - Holds Technical Expertise in Policy Types and Wordings - Understanding of best practices in business processes and quality assurance. - Commitment to maintaining confidentiality and handling sensitive information appropriately. - Willingness to continuously learn and develop new skills to enhance audit effectiveness.

Walk-in Interview for Analyst & Sr. Analyst for Employee Benefits & Revenue Booking Interested candidates kindly pre-registered on the below link: https://forms.office.com/r/auajjkzP1f Date - 23rd Aug 25 Timing - 10:00am - 2:00pm Venue - 9th floor, C, Embassy 247 park, Lal Bahadur Shastri Rd, Vikhroli West, Mumbai, Maharashtra 400083 Note - Analyst (1+ years of exp) Senior Analyst (3+ years of exp) Role & responsibilities:- Expertise needed in GPA, GMC, GTL policies, and issuing cards. Understanding of GP, HG, GMC & GTL policies is crucial as they will be creating endorsements. (basically, group medical policy, group terminal illness policy, term life, accident and Mediclaim they should issue endorsements for these policies. Processing of Monthly/Weekly/Daily request for addition/deletion/correction of employee for all accounts Prepare premium calculation and ensure master file is consistently updated and maintained Check and maintain Cash Deposit trail balance Ensure issuance of E-cards in timely manner Book the revenue on the system, ensuring all the transactions are accurately recorded and aligned with the clients requirements. Holds Technical Expertise in Policy Types and Wordings Understanding of best practices in business processes and quality assurance. Commitment to maintaining confidentiality and handling sensitive information appropriately. Willingness to continuously learn and develop new skills to enhance audit effectiveness.