Job Description

Position Summary: This role requires a comprehensive understanding of the policy life cycle and the various actions required for New Business/Renewals, Mid-Term Adjustments, claims cycle and its collection. The reinsurance placement & claims tasks process transactions for end to end client servicing of accounts per IRDAI guidelines.
Roles and Responsibilities:
Placement:

• Draft / Finalize Proposal & terms
• Draft Market Presentation
• Request for Quotes
• Create Quote Comparison
• Create RFQ
• Invoicing
• Initiate ad hoc requests / review GCOE output
• Create / Update Enquiry
• Chase Proposal Forms
• Prepare Cover Note/EOC
• Prep Authorization to Bind / Binding Instructions
• Enhanced Policy Chasing
• Send Policy Documents to Client
• Policy Checking
• Maintain Renewal Lists / Trackers
• Handle booking inquiries for all potential clients on our system
• Book the business on the system, ensuring all the transactions are accurately recorded and aligned with the clients' requirements
• Generate closing statements to facilitate the collection of premium

Claims:

• Identifying and booking claims: Our team identifies valid claims as per the slip, books them in the system and ensures all claim details are accurately documented
• Generating closings: We generate closing statements to facilitate the settlement of claims
• Coordinate closely with cedents and underwriters to ensure smooth processing of all transactions, maintaining clear communication and addressing issues promptly

Skills Required