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Oliver Wyman
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Senior Analyst - Insurance Operations

Senior Analyst - Insurance Operations

Oliver Wyman

3 - 6 years

5 - 8 Lacs

Mumbai

Posted:1 day ago| Platform:

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Skills Required

Training Basic insurance processing Service level Usage Compliance risk advisor MS Office Client management

Work Mode

Work from Office

Job Type

Full Time

Job Description

Company: MMC Corporate

Description:

Marsh is seeking candidates for the following position based in the Mumbai(Powai) office.

Analyst / Senior Analyst - Insurance services (Grade B1/B2)

What can you expect:

Excellent exposure to complex & diverse insurance handling work.
Opportunity to enhance insurance knowledge and understanding & build on client management skills.

As a new colleague, you will be provided with Business Overview/Insights, in-depth process training, roles & responsibilities overview, expectations of various stakeholders to make you successful in this role.

Within the first 30 days, we expect you to gain good understanding of the role and requirement that it entails. Within 60 days, attain competency & have a good understanding of process and systems & finally within 90 days be able to handle the work processing with limited support

What is in it for you?

Holidays (As Per the location - the final decision will depend on business requirements at that time)
Shared Transport (Provided the address falls in accepted service zone)

We will count on you to:

Process and self-Management:

Contribute to achieve the Service Level Agreements (SLAs), Key Performance Indicators (KPIs) and business objectives
Adheres to Company policies and is in compliance at all times.
Maintains performance standards.
Updates reports based on predefined templates on a regular basis to ensure accurate entry
Maintains a basic understanding of the core aspects of relevant Insurance and related legislation
Completing all training related activities when assigned
Cognizant of completing all assigned activities within the stipulated time
Ensuring all production targets are met in training
Ensuring all production targets are met in BAU (Post training)
Ensuring all Quality targets are met in training
Ensuring all quality targets are met in BAU (Post training)
Communicate status of work, any issues with team managers and manager on time
Schedule adherence is a must
No unplanned leaves
Ready to work in below shifts :
- 6:30 PM to 3:30 AM
Your hiring manager and HR will inform you the shift requirement for the team you are interviewing for.

Compliance, Regulatory and Procedural Responsibilities

Ensure that all statutory regulations and company procedures are followed to protect clients, colleagues and the business interest of the company
Appropriate usage of Marsh Specialitys systems to monitor, record and retain information
Demonstrate clear understanding of regulatory requirements
Proactively ensures compliance with regulatory and risks framework
Adheres to policies, guidelines and operating procedures
Keeps own knowledge and expertise up to date and relevant
Identifies and evaluates risks appropriately. Recognises how own actions impact on compliance

What you need to have:

Prior years of work experience
Graduate in any stream
Fair understanding of Insurance Broking business and dynamics
Good command over spoken and written English
Superior comprehension and articulation skills
Ability to prioritize and organise tasks, work within stiff timelines
Eye for detail and innovative mindset
Basic knowledge of MS Office
Willingness to learn and adapt to changes

What makes you stand out:

Insurance certification from The Institutes, USA
Post-Graduation/Certificate Courses in Insurance
Any prior experience on any insurance process

While the above are basic requirements mentioned, the role may not be limited to only these listed.

Marsh, a business of Marsh McLennan (NYSE: MMC), is the world s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow on LinkedIn and X.

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Oliver Wyman

Management Consulting

New York

5000+ Employees

146 Jobs

Key People

Scott McDonald

President & CEO
David L. Brown

Chairman
Julia Karol

Vice Chairman
Marina C. Pavan

Partner and Head of Financial Services

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Senior Analyst - Insurance Operations