Specialist - Insurance Operations

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Hiring Remotely in Hiranandani Gardens, Mumbai Suburban, Mahārāshtra, IND
Remote
Junior
Fintech • HR Tech • Insurance • Consulting
The Role
Perform insurance operations processing to meet SLAs/KPIs, ensure data quality, follow process and compliance guidelines, support UAT, communicate status/issues to managers, assist team during peaks, and work assigned shifts in a hybrid Mumbai office.
Summary Generated by Built In
Company:Marsh

Description:

Description:

We are seeking a talented individual to join our Insurance Operations team at Marsh. This role will be based in Mumbai. This is a hybrid role that has a requirement of working at least three days a week in the office.

Specialist – Insurance Operations

We are looking for a detail-oriented and proactive Insurance Operations Specialist to join our team. The ideal candidate will be responsible for performing processing tasks within various operational frameworks based on the training provided. You are expected to meet SLAs, KPIs, and business objectives, adhere to company policies, and maintain performance and quality standards during both training and business-as-usual activities. Timely completion of all assigned work and training is essential. You should be proficient in utilizing technology to reduce manual tasks and enhance efficiency. Additionally, you must be effective in engaging with relevant stakeholders as required. Prompt communication of work status or issues to managers is necessary, along with strict adherence to schedules without unplanned leave. Willingness to work shifts from either 12 pm to 9 pm or 1 pm to 10 pm is also required

We will count on you to:

Process Management:

  • Manages personal workload to guarantee timely task delivery in accordance with service level agreements (SLAs).
  • Familiar with process steps and guidelines, ensuring tasks are processed according to established procedures.
  • Take full responsibility for the quality of data and the overall delivery process.
  • Engage in user acceptance testing (UAT) of system changes to verify accuracy and consistency of outcomes.
  • Contribute insights and suggestions to leadership for ongoing process enhancements.
  • Support team members by stepping in during peak times or when colleagues are unavailable to maintain business continuity.

Risk & Compliance:

  • Ensure that all statutory regulations and company procedures are followed to protect clients, colleagues and the business interest of the company.
  • Appropriate usage of systems to monitor, record and retain information.
  • Proactively ensures compliance with regulatory and risks framework.
  • Identify and evaluate risks appropriately. Recognizes how own actions impact on compliance.

What you need to have: 

  • Process knowledge of broking business and insurance terminologies
  • Ability to prioritize and handle multiple tasks during peak volume periods
  • Collaborative mindset across levels and teams
  • Good command on MS Office applications (MS-Excel, MS-Word)
  • Decision making and Problem-solving skills
  • High attention to detail
  • Good relationship skills, Proven ability to work on functional initiatives
  • 1-3 years of work experience
  • Graduate in any stream
  • Should be ready to work in shifts: 12 pm to 9 pm, 1 pm to 10 pm shifts

What makes you stand out?

  • Insurance, Mortgage, or closely related office experience.
  • Adaptable communicator.
  • Ability to work in teams.

Why join our team:

  • We help you be your best through professional development opportunities, interesting work, and supportive leaders.
  • We foster a vibrant and inclusive culture where you can collaborate with talented colleagues to create innovative solutions and have an impact on colleagues, customers, and communities.

Marsh Risk is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Marsh Risk, visit marsh.com, or follow us on LinkedIn and X.

Marsh 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.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

Skills Required

  • Process knowledge of broking business and insurance terminologies
  • Ability to prioritize and handle multiple tasks during peak volume periods
  • Collaborative mindset across levels and teams
  • Good command on MS Office applications (MS-Excel, MS-Word)
  • Decision making and problem-solving skills
  • High attention to detail
  • Good relationship skills; proven ability to work on functional initiatives
  • 1-3 years of work experience
  • Graduate in any stream
  • Willingness to work shifts (12 pm to 9 pm or 1 pm to 10 pm)
  • Proficient in utilizing technology to reduce manual tasks
  • Insurance, mortgage, or closely related office experience
  • Adaptable communicator
  • Ability to work in teams

Marsh McLennan Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Marsh McLennan and has not been reviewed or approved by Marsh McLennan.

  • Leave & Time Off Breadth Leave offerings are described as generous, including sizable PTO, paid holidays, paid sick days, and additional time off such as paid volunteer time and “Summer days.” These time-off benefits are portrayed as a standout part of the overall rewards package.
  • Healthcare Strength Healthcare coverage is characterized as comprehensive, spanning medical, dental, and vision options, with additional supports like disability and life insurance and access to mental health resources and an EAP. The breadth of plan options is positioned as a core strength of the benefits package.
  • Retirement Support Retirement benefits are framed as solid, with 401(k) programs and employer matching frequently highlighted alongside other financial programs. Stock purchase options are also referenced as an additional wealth-building component of the total rewards mix.

Marsh McLennan Insights

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The Company
HQ: New York, NY
78,000 Employees
Year Founded: 1871

What We Do

Marsh McLennan (NYSE: MMC) brings together nearly 78,000 experts in risk, strategy, and people across Marsh, Guy Carpenter, Mercer, and Oliver Wyman, serving clients in over 130 countries. Marsh enables enterprise worldwide by helping clients manage risks, transforming uncertainty into opportunity. Guy Carpenter helps clients grow profitably with reinsurance broking expertise, advisory services, and advanced analytics. Mercer helps organizations advance the health, wealth, and careers of their most vital asset — their people. Oliver Wyman’s expertise in strategy, operations, risk, and organization transformation changes what is possible for our clients, their industries, and society. Together, we combine a unique range of capabilities to help our clients solve problems, seize opportunities, and build lasting success in increasingly complex operating environments.

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