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Insurance Policy Analyst

Insurance Policy Analyst

Prudent Brokers India Pvt. LtdRepublic Of India, IN
2 days ago
Job description

About Us :

Prudent is a Composite Insurance Broker regulated by the Insurance Regulatory and Development Authority of India (IRDAI) and headquartered in Mumbai, India. Prudent is one of the leading insurance brokers in the country.

We specialize in building long-term relationships and instilling confidence in our partners. As a partner-focused organization, we are committed to delivering best-in-class insurance solutions and services tailored to meet the diverse needs of our clients.

Recognised as :

  • Great Place to Work โ€“ 2024 and 2025 - This achievement reflects our unwavering commitment to a workplace where innovation, collaboration, and success go hand in hand;

thanks to each Prudent family member for being the driving force behind our success.

One of ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎโ€™๐˜€ ๐—ง๐—ผ๐—ฝ ๐Ÿญ๐Ÿฌ๐Ÿฌ ๐—•๐—ฒ๐˜€๐˜ ๐—ช๐—ผ๐—ฟ๐—ธ๐—ฝ๐—น๐—ฎ๐—ฐ๐—ฒ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—ช๐—ผ๐—บ๐—ฒ๐—ป ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฑ! This honour reflects our unwavering commitment to fostering a culture where every woman can thrive and shine, and every voice is heard. Together, weโ€™re building a future of ๐—ด๐—ฟ๐—ผ๐˜„๐˜๐—ต, ๐—ฒ๐—พ๐˜‚๐—ฎ๐—น๐—ถ๐˜๐˜†, and ๐˜€๐˜‚๐—ฐ๐—ฐ๐—ฒ๐˜€๐˜€ for all team members!!

Job Summary / About the Role-

This position is responsible for managing data management function, data reconciliation, data analysis, periodical reports preparation and presentation. To maintain good relations with the corporate, clients, TPA and insurance companies for the smooth functioning of Endorsements / policies.

Required Qualifications :

Bachelor degree particularly from any background, General Insurance certifications will be an added advantage.

Required Experience and skills :

  • Bachelor degree particularly from any background, Insurance certifications will be an added
  • advantage.

  • Should have minimum of 3-5 years of experience in Insurance industry (Insurance
  • Company / Brokers / TPA).

    Key Responsibilities :

    Data management & Endorsements :

  • Additions, deletions, or corrections to ensure that the data is accurately covered under the policy period.
  • Responsible for maintaining active data and manage the cash deposit (CD) statements
  • Ownership of all live and past data related requirements
  • Monthly / Quarterly Reconciliations :

  • Comparing and verifying HR data with insurer and TPA (Third-Party Administrator) data to ensure accuracy and consistency
  • Insurer & TPA Relationships :

  • The team connects with the necessary service providers to maintain strong relationship, especially to procure endorsements within TAT.
  • Prudent Plus Integrations :

  • All data needs to be uploaded to the portal so that clients can download their e-cards and access other policy-related details.
  • Quality Checks

  • Involve systematic inspections and evaluations of the database. This process helps identify defects and maintain consistency in quality.
  • Single SPOC for data requirements

    Serve as nodal function & custodian to support team requirements on data management for IB clients

    Desired profile / who should join :

  • Should have strong communication skills both verbal and written.
  • Should be strong in MS-Office.
  • Should have good Team Management skills, analytical and presentation skills.
  • Demonstrates good judgment in selecting methods and techniques for obtaining solutions.
  • Ability to work on large data sets on multiple systems.
  • Should possess strong Communication skills and must have good negotiation skills.
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    Policy Analyst โ€ข Republic Of India, IN

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