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Prudent Insurance Brokers Pvt Ltd.

12 Job openings at Prudent Insurance Brokers Pvt Ltd.
Senior Manager-EB IRM Gurugram,Haryana,India 0 years Not disclosed On-site Full Time

Job Summary: The position will involve build and maintain relationships with the key stakeholders at the insurance companies for EB policies(GMC/GPA/GTL). Responsibilities: Meet insurance companies regularly to ensure continuous engagement with different stakeholders. Understand details around client need, existing policy terms and portfolio information. Study the claims MIS and dump, report the analysis in presentable format with meaningful insights. Float the proposal to insurers and negotiate terms and premium amount. Ensure competitive quotes are received in the given timeline. Follow-up with insurers on the terms based on the feedback received from client/sales. Keep abreast with the new products in the market, along with an understanding of the lines of business currently being focused on by the insurers. Knowledge management, share the insight and best practices with teammates. Consultative approach and solution oriented Desired profile/who should join: A minimum of a bachelor’s degree in any stream. 6-10 years of experience in Insurance Company, Brokers in Insurer Relation Management role. Have good time management skills. Be proficient in verbal and written English. Be a team leader Have service orientation. Have good negotiation & convincing skills Show more Show less

International Business Manager Mumbai,Maharashtra,India 2 - 6 years Not disclosed On-site Full Time

Job Summary: We are seeking a dedicated and proactive Multinational Client Service Specialist to join our International Business, Employee Benefits Practice team. In this role, you will be responsible for managing and nurturing holistic relationships with our valued multinational clients, acting as the primary point of contact for HR teams. You will ensure the smooth execution of all client-related administrative matters, coordinating effectively with internal and external stakeholders to guarantee seamless operations. This position is tailored for professionals with a focus on MNC clients, offering the opportunity to engage with global stakeholders and gain valuable exposure to international business dynamics throughout the year. Roles & Responsibilities: · 1.Effective relationship management & engagement for MNC relationships Responsible for strengthening client relationships & effective year-round engagement Work very closely with Sales Team in consistently building quality, review & feedback Responsible for all client & employee level engagement activities & strategies 2.Central Focal Point for Account Management: Serve as a key bridge between global & local stakeholders Co-ordinating with all the internal and external teams as single point of contact 3.Managing client grievances Point of escalation for any client challenges & dissatisfaction Bridge between internal coordination & external communications for cases of client grievances & resolutions 4.Renewal Management: Managing client renewals in line with IB protocols 5.Up-sell/Cross-sell: Generating revenue based on cross-sell and up-sell opportunities for the existing business portfolios Desired profile/who should join: Candidate must have excellent communication skills, both written & verbal Exposure to servicing of MNCs / International Clients in prior role will be an advantage Must have experience in successfully managing an end-to-end renewal process for Group Benefit Insurance portfolios Must have exposure to Employee Benefits Policy servicing Technical knowledge in the Employee Benefits Practice domain Ability to manage time effectively and project manage multiple tasks with different stakeholders Ability to work under tight timelines for delivery and juggle work between global time zones Ability to adapt to “learn” and “un-learn” new processes & tech quickly Branches: Bangalore, Mumbai, Pune, Gurgaon Years of Experience : 2 - 6 years Show more Show less

Manager-EB IRM Gurugram,Haryana,India 3 - 7 years None Not disclosed On-site Full Time

Job Summary: The position will involve build and maintain relationships with the key stakeholders at the insurance companies for EB policies(GMC/GPA/GTL). Responsibilities: Meet insurance companies regularly to ensure continuous engagement with different stakeholders. Understand details around client need, existing policy terms and portfolio information. Study the claims MIS and dump, report the analysis in presentable format with meaningful insights. Float the proposal to insurers and negotiate terms and premium amount. Ensure competitive quotes are received in the given timeline. Follow-up with insurers on the terms based on the feedback received from client/sales. Keep abreast with the new products in the market, along with an understanding of the lines of business currently being focused on by the insurers. Knowledge management, share the insight and best practices with teammates. Consultative approach and solution oriented Desired profile/who should join: A minimum of a bachelor’s degree in any stream. 3-7 years of experience in Insurance Company, Brokers in Insurer Relation Management role. Have good time management skills. Be proficient in verbal and written English. Be a team leader Have service orientation. Have good negotiation & convincing skills

International Business- EB MCS Chennai,Tamil Nadu,India 0 years None Not disclosed On-site Full Time

Job Description - International Business - EB MCS We at Prudent Insurance Brokers Pvt Ltd. are hiring for our International Business department for Chennai branch. Job Summary: To Institutionalize the Broker - Insured Partnership, build customer loyalty, penetrate, expand and protect the accounts by saving on costs and Minimizing risks. Role & Responsibilities: Core Skills for the Role – 1). Effective relationship management & engagement for MNC relationships Responsible for strengthening client relationships & effective year-round engagement Work very closely with GPG in consistently building quality, review & feedback Responsible for all client & employee level engagement activities & strategies - Monthly/quarterly connects, presenting portfolio analysis/benchmarking reports, orientations etc. 2). Central Focal Point for Account Management: Serve as a key bridge between global & local stakeholders Co-ordinating with all the internal teams – CPU, Claims, Analytics and Tech for employee and HR related concerns and conducting periodic review. 3). Managing client grievances Point of escalation for any client challenges & dissatisfaction Bridge between internal coordination & external communications for cases of client grievances & resolutions 4). Renewal Management: Managing client renewals in line with IB protocols 5). Up-sell/Cross-sell: Generating revenue based on cross-sell and up-sell opportunities for the existing business portfolios Desired Profile/Who Should Join: Demonstrated ability to learn quickly and contribute 4-8 Yrs of experience with Insurance and Health Insurance Policy Excellent Written and verbal communication skills Proficient in Microsoft Office (Word, Excel, PowerPoint) and preferably able to use higher level functions in excel Well Organized Self-guided Detail-oriented and conscientious Solution-oriented (proactive in identifying root cause and proposing appropriate solution) Goal-oriented Team player/collaborative High level listening skills (ability to infer additional meaning from written communication from our broker partners through the tone of the communication, not just the specific instructions) Ambitious

Manager - Health Claims karnataka 3 - 7 years INR Not disclosed On-site Full Time

A Medical Reviewer at Prudent Insurance Brokers is responsible for reviewing medical information and data related to insurance claims. You will ensure accuracy, completeness, and compliance with relevant regulations. Your main tasks will involve analyzing medical reports, documents, and data to determine the validity of claims and provide recommendations for claim processing. This role necessitates a strong understanding of medical terminology, clinical practices, and insurance regulations. You will be expected to: - Analyze medical records, reports, and data to assess the validity and accuracy of insurance claims. - Ensure that all medical information and claim processing adheres to relevant regulations and standards. - Determine the legitimacy of claims based on medical evidence and insurance policies. - Collaborate with internal teams (claims, operations, sales) and external stakeholders (clients, medical professionals). - Generate reports and documentation related to reviewed claims. - Stay updated on medical advancements and regulatory changes to enhance processes. The ideal candidate should possess the following skills: - Medical Knowledge: Strong understanding of medical terminology, anatomy, physiology, and common medical conditions. - Critical Thinking: Ability to analyze data, identify inconsistencies, and make sound judgments. - Communication: Effective verbal and written communication skills to interact with clients and colleagues. - Attention to Detail: Meticulous approach to ensure accuracy and completeness in all work. - Regulatory Compliance: Knowledge of relevant insurance regulations and standards. - Problem-Solving: Ability to identify and resolve discrepancies or issues within claims. Qualifications required for this position include MBBS/BHMS/BAMS/BUMS/BDS with a background in TPA/Insurance Company/Brokers and good medical knowledge. The ideal candidate should have 3-5 years of experience in claims (cashless/reimbursement).,

Manager - Health Claims (Medico) karnataka 3 - 7 years INR Not disclosed On-site Full Time

A Medical Reviewer at Prudent Insurance Brokers is responsible for reviewing medical information and data related to insurance claims to ensure accuracy, completeness, and compliance with relevant regulations. You will be analyzing medical reports, documents, and data to determine the validity of claims and provide recommendations for claim processing. This role necessitates a strong understanding of medical terminology, clinical practices, and insurance regulations. Key Responsibilities: - Analyzing medical records, reports, and data to assess the validity and accuracy of insurance claims. - Ensuring that all medical information and claim processing adhere to relevant regulations and standards. - Determining the legitimacy of claims based on medical evidence and insurance policies. - Collaborating with internal teams (claims, operations, sales) and external stakeholders (clients, medical professionals). - Generating reports and documentation related to reviewed claims. - Staying updated on medical advancements and regulatory changes to enhance processes. Required Skills: - Medical Knowledge: Strong understanding of medical terminology, anatomy, physiology, and common medical conditions. - Critical Thinking: Ability to analyze data, identify inconsistencies, and make sound judgments. - Communication: Effective verbal and written communication skills to interact with clients and colleagues. - Attention to Detail: Meticulous approach to ensure accuracy and completeness in all work. - Regulatory Compliance: Knowledge of relevant insurance regulations and standards. - Problem-Solving: Ability to identify and resolve discrepancies or issues within claims. Qualification required: MBBS/BHMS/BAMS/BUMS/BDS (with TPA/Insurance Company/Brokers background and good medical knowledge) Experience Required: 3-5 years in claims (cashless/reimbursement),

Senior Manager Chennai,Tamil Nadu,India 10 - 15 years None Not disclosed On-site Full Time

Job Summary: The position will involve claims analysis and processing facilitation in coordination with different TPA’s and Insurance companies. Responsibilities: Leading team and reduce escalations to the maximum extent possible. Managing relations with TPAs/Insurers to ensure claims SLA is maintained. Interacting with client HRs to resolve their claims related queries, if required. Explaining clients on the policy terms related queries over the call or mail. Reviewing denial claims sent by TPAs & ensuring that denial is done as per policy terms. Representing client claims to insurer/TPA in case of ambiguity in settlement/denial Supporting Analytics team in data analytics. Managing the assigned team members day to day activity & their productivity to ensure excellent client experience. Visiting insurer office whenever required to get the necessary approvals on claims. Supporting client servicing teams in claims related issues whenever required. Desired profile/who should join: Should be a graduate with any specialization. Should have 10-15 years of experience in Managing EB Claims teams processing (Cashless/Reimbursements) Good knowledge about the TPA/Insurance processes Well verse with health insurance policy conditions Well verse with current medical practices & advancements Should have knowledge about IRDA health regulations Good communication skills Problem solving attitude Team leading Mentoring Skills Decision making Good team manager

Assistant Manager chennai,tamil nadu,india 5 - 12 years None Not disclosed On-site Full Time

The position will involve build and maintain relationships with the key stakeholders at the insurance companies. Responsibilities: Meet insurance companies regularly to ensure continuous engagement with different stakeholders. Understand details around client need, existing policy terms and portfolio information. Study the claims MIS and dump, report the analysis in presentable format with meaningful insights. Float the proposal to insurers and negotiate terms and premium amount. Ensure competitive quotes are received in the given timeline. Follow-up with insurers on the terms based on the feedback received from client/sales. Keep abreast with the new products in the market, along with an understanding of the lines of business currently being focused on by the insurers. Knowledge management, share the insight and best practices with teammates. Consultative approach and solution oriented. Desired profile/who should join: A minimum of a bachelor’s degree in any stream. 5-12 years of experience in Insurance Company, Brokers in Insurer Relation Management role. Have good time management skills. Be proficient in verbal and written English. Be a team player. Have service orientation. Have good negotiation & convincing skills.

Asst. Manager/ Manager - Health Claims karnataka 3 - 7 years INR Not disclosed On-site Full Time

As a Medical Reviewer at Prudent Insurance Brokers, your primary responsibility will be to review medical information and data pertaining to insurance claims. It will be crucial for you to ensure that the information is accurate, complete, and compliant with the relevant regulations. Your role will involve analyzing medical reports, documents, and data to validate claims and offer recommendations for their processing. An in-depth understanding of medical terminology, clinical practices, and insurance regulations will be essential for this position. Your key responsibilities will include assessing the validity and accuracy of insurance claims by analyzing medical records, reports, and data. It will be important to guarantee that all medical information and claim processing align with the applicable regulations and standards. You will need to evaluate the legitimacy of claims based on medical evidence and insurance policies, collaborating with internal teams like claims, operations, and sales, as well as external stakeholders such as clients and medical professionals. Additionally, you will be expected to produce reports and documentation related to the reviewed claims and stay informed about medical advancements and regulatory changes to enhance the processes. To excel in this role, you should possess a strong grasp of medical terminology, anatomy, physiology, and common medical conditions. Critical thinking skills will be necessary to analyze data, detect inconsistencies, and make informed decisions. Effective verbal and written communication abilities will play a vital role in your interactions with clients and colleagues. Attention to detail is crucial to ensure accuracy and completeness in all your work, along with a solid understanding of relevant insurance regulations and standards. Your problem-solving skills will be put to the test as you identify and address discrepancies or issues within claims. The ideal candidate for this position should hold a qualification of MBBS/BHMS/BAMS/BUMS/BDS, preferably with a background in TPA/Insurance Company/Brokers and a strong medical knowledge base. A minimum of 3-5 years of experience in claims, specifically in cashless or reimbursement processes, will be required to succeed in this role.,

Customer Retention Manager - Commercial Lines karnataka 4 - 12 years INR Not disclosed On-site Full Time

You will be responsible for institutionalizing the Broker - Insured Partnership in order to build customer loyalty, penetrate markets, expand accounts, and protect them by minimizing risks and saving costs. Your key responsibilities will include: - Demonstrating expert level of Domain Knowledge on Property, Projects, and Marine Insurance. - Procuring quotes from insurers, preparing RFQs, and conducting quote comparison reports. - Managing client relationships through servicing and retention of existing clients. - Maintaining periodic and targeted communications with clients. - Analyzing losses/claims and engaging with Insurance managers effectively. - Creating value for clients by evaluating relevant value-added services. - Understanding risk management principles related to Property Loss control and Marine loss control. - Monitoring service and delivery continuously, including endorsement issuance, claims servicing, and policy servicing. - Conducting review meetings with clients and devising custom-built covers when required. - Preparing claims analysis reports and presentations for client interactions. - Coordinating with internal teams such as operations, claims, and sales. The ideal candidate for this role should possess: - A Graduate/Postgraduate degree, preferably an MBA in insurance. An engineering graduate in Mechanical/Electrical/Civil Engineering can also be considered. - 4-12 years of work experience, preferably in insurance companies, insurance broking firms, or client insurance/risk management teams. - Strong client engagement skills. - Ability to handle multiple projects simultaneously. - Good negotiation skills.,

Operations Executive bengaluru,karnataka,india 3 - 5 years None Not disclosed On-site Full Time

Job Summary: The position is responsible for data management, Quality Check of the policies, SAIBA updates, internal stake holder communication and relations. Responsibilities: 1. Reconciliation of Brokerage/Reward Statement with Saiba booking data & RFQ report. 2. Updating of Brokerage & Reward in SAIBA. 3. Maintaining required Remarks in consolidated brokerage & reward file. 4. Consolidation of Brokerage statements and Monthly reconciliation with SAP Sales Register. 5. Consolidated statements file to match with Bill ID report of Saiba. 6. Preparation of NE file. 7. Cancelled Invoices & Credit Notes to be tracked to match with Bill ID and Sales Register. Desired profile/who should join: A minimum of a bachelor’s degree in any stream. 3-5 years of experience in Insurance Company/TPA’s/Broking. Good knowledge in Excel and PPT. Time management skills. Good in verbal and written communication. Should be a good team player.

Sales/Business Development chandigarh,chandigarh,india 0 years None Not disclosed On-site Full Time

Company Description Prudent Insurance Brokers Pvt Ltd., regulated by the Insurance Regulatory and Development Authority of India (IRDAI), specializes in Insurance and Reinsurance Broking, Risk Management, and Claims Consultancy Services. We cater to SMEs, large Indian Corporates, MNCs, and public sector entities. Headquartered in Mumbai, India, with branch offices across various cities, Prudent builds strong relationships with partners to offer unparalleled services. Our strategic partnerships in over 120 countries and our deep understanding of client risks empower us to reinvent the Indian insurance landscape with global best practices. Role Description This is a full-time, on-site role for a Sales/Business Development professional located in Chandigarh. The Sales/Business Development representative will focus on identifying potential clients, building relationships, and driving sales growth. The responsibilities include managing with internal stakeholders, meeting sales targets and developing sales strategies to meet organizational goals. Qualifications Strong Communication and Customer Service skills Proven experience in Sales Management Ability to work effectively in CRM & MS office and develop sales strategies Excellent interpersonal and relationship-building skills Ability to work independently and as part of a team Experience in the General insurance industry is preferred.