Operations Analyst - Underwriting

Reposted 19 Days Ago
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Warren, NJ
In-Office
Junior
Insurance • Financial Services
The Role
Manage and monitor day-to-day operations of offshore BPO teams, ensure KPI performance and productivity, conduct training, and analyze data for process improvement.
Summary Generated by Built In

MSIG USA continues to grow! 

Company Overview:

MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks.

Responsible for monitoring the day-to-day operations of offshore business process outsourcing (BPO) provider teams.  Ensure the BPO team is performing well and meeting all of the defined KPI’s, maintaining appropriate productivity and quality, and training team members. 

Essential Functions:

  • Manage work performed by BPO provider teams, including productivity and quality, and well as ensuring accurate performance metrics. 
  • Monitor and manage the daily productivity of our BPO provider teams and conduct regular meetings to ensure our service and delivery standards are met.
  • Ensure that appropriate documentation is maintained on processes and procedures to guide our production teams in their daily performance.
  • Train BPO provider teams on relevant systems or processes, provide refresher training when needed.
  • Identify opportunities to offshore processes or tasks to increase operational efficiency.
  • Analyze data to identify trends in or behavior patterns that may require changes to business processes; provide recommendations.
  • Develop and implement new processes or procedures to improve efficiency or quality of service.
  • Monitor KPI results and identify root causes for backlog, quality, SLA’s, productivity, etc.
  • Work with leadership and BPO provider leadership to resolve any issues with productivity and/or quality.
  • Conduct time studies and FTE analysis to determine staffing needs.
  • Answer questions from BPO provider and identify missing information or other items that are preventing work from being completed in a timely manner.

Supervisory Responsibilities:

  • Manage and oversee offshore BPO operation teams to ensure satisfactory levels of performance.

Education and Experience Required: 

  • Bachelor’s Degree.
  • 2+ years of experience in a P&C insurance company’s underwriting or operations department.
  • Effective communication skills.
  • Knowledge of the end-to-end commercial lines workflow for both new and renewal business.
  • Commercial Lines rating knowledge is a plus.
  • Strong focus on analyzing and interpreting data to identify / implement process improvement needs.
  • Ability to influence others to execute change management.
  • Strong analytical and problem-solving skills.
  • Strong MS Excel, Visio and PowerPoint skills

.

It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!  

It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG USA will provide reasonable accommodations for qualified individuals with disabilities.

Top Skills

Excel
PowerPoint
Visio
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The Company
New York, New York
644 Employees

What We Do

MSIG USA is the partner that businesses rely on for creative, customized insurance solutions. Owned by a global P&C carrier with an A+ rating and a 300-year heritage, MSIG USA helps protect leading businesses across a wide range of industries. The company’s financial strength and deep capacity enable it to cover a wide range of risks and deliver responsive, personalized service through a nationwide team. MSIG USA is admitted in all P&C lines in all 50 states, the District of Columbia, and Puerto Rico.

MSIG USA is the marketing name used to refer to certain underwriting subsidiaries of MSIG Holdings (U.S.A.), Inc. (“MSIGH”), and its subsidiary companies. U.S. Companies Only: MSIG insurers are subsidiaries of Mitsui Sumitomo Insurance Company, Limited, a member of MS & AD Insurance Group. MSIG refers to the insurers underwriting coverage: Mitsui Sumitomo Insurance Company of America, Mitsui Sumitomo Insurance USA Inc. and MSIG Specialty Insurance USA Inc

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