Senior Analyst - Insurance Operations

This job is with Marsh McLennan, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

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 Speciality's 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.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex / gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

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