Life Insurance Specialist Mumbai

Life Insurance Specialist Mumbai

13 Sep
|
Choice International
|
Mumbai

13 Sep

Choice International

Mumbai

Job Title: Life Insurance Renewals & Claims Specialist

Department: Operations

Employment Type: Full time

Job Overview

Manage the end-to-end lifecycle of life insurance policy renewals and claims. You will drive policy retention through timely premium reminders and guide beneficiaries through a compassionate, compliant claims process.

Key Responsibilities
Renewals & Retention: Monitor renewal schedules, issue payment reminders, manage lapsed policy revivals, and resolve billing discrepancies to maximize retention.
Claims Processing: Intake, verify, and process death, maturity, and disability claims. Review medical/legal records, verify beneficiaries, calculate final payout settlements, and route suspicious claims for investigation.
Customer Support:



Serve as an empathetic primary contact for beneficiaries and advise agents or policyholders on renewal terms and claim status.
Compliance & Records: Ensure strict adherence to insurance regulations, KYC/AML checks, and internal SLAs while maintaining accurate records in the insurance database/CRM.

Qualifications
Experience: 24 years in life insurance operations, servicing, renewals, or claims processing.
Education: Bachelor’s degree in Business, Finance, or a related field; skilled insurance certifications (e.g., LOMA) are a plus.
Skills: Robust empathy, high detail orientation, proficiency in core insurance software/CRMs, and solid knowledge of life insurance products and claim regulations.

📌 Life Insurance Specialist Mumbai
🏢 Choice International
📍 Mumbai

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