Life & Annuity Operations - PE/SPE || Chennai

Life & Annuity Operations - PE/SPE || Chennai

13 Aug
|
Important Business
|
Chennai

13 Aug

Important Business

Chennai



Job Title: SPE – Life & Annuity (L&A;) Operations – Fresher


Location: Chennai


Shift: Flexible / Rotational Shifts


Experience: Freshers & Experience both


Experience level: 0 -5 years




Job Responsibilities




• Process Life & Annuity insurance transactions with high accuracy.


• Review policy documents, beneficiary details, premium records, and customer requests.


• Support policy servicing activities including updates, withdrawals, and benefit -related transactions.


• Verify and validate customer information as per process guidelines.


• Ensure adherence to SLA, quality, compliance, and regulatory requirements.


• Maintain accurate records and update internal systems.


• Identify discrepancies and escalate issues to the appropriate teams.


• Collaborate with internal stakeholders to resolve customer and policy -related queries.


• Participate in process training and continuous improvement initiatives.


• Meet productivity, accuracy, and turnaround time targets.




Eligibility




• Graduate in any discipline (B.Com, BBA, BA, B.Sc preferred).


• Excellent written and verbal communication skills.


• Good analytical and problem -solving abilities.


• Basic knowledge of MS Excel and MS Office.


• Strong attention to detail and willingness to learn.






• Ability to work in a fast -paced environment.




Preferred Skills




• Understanding of Insurance or Financial Services domain.


• Good typing and data management skills.


• Customer -focused mindset and team -player attitude.




Freshers in Life & Annuity operations typically handle policy servicing, benefit payments, withdrawals, and other insurance -related transactions while maintaining quality and compliance standards.









Requirements

Required Skills & Experience


- Experience in Life & Annuity / Insurance / Financial Services.

- Robust knowledge of:
- Death claims and benefit payments

- Annuities and annuitization

- Pension products (401(k), 403(b))

- Surrenders, withdrawals, and payouts

- Understanding of regulatory and taxation requirements.

- Analytical and problem -solving skills.


Key Performance Indicators (KPIs)

- SLA adherence and turnaround time

- Accuracy and quality

- Productivity metrics

- Compliance and audit performance

- Customer satisfaction


Preferred Qualifications

- Bachelor’s degree in Finance, Business, or related field

- Experience in Life & Annuity domain

- Lean / Six Sigma certification (preferred)




📌 Life & Annuity Operations - PE/SPE || Chennai
🏢 Important Business
📍 Chennai

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