Exide Life Insurance Vacancy |Assistant Manager | Graduate | December 2020
Organization Name :- Exide Life Insurance Company Limited
Exide Life Insurance Company Limited, is a 100% Indian owned life Insurance company, owned by the Exide Industries. Exide Life Insurance distributes its products through multi-channels viz. Agency, Banc assurance, Corporate Agency & Broking as well as Direct Channels.
Positions :- Assistant Manager-Policy Servicing
Job Location Exide Life Insurance Vacancy :- Bangalore-Head Office
Salary :- Not disclosed
Qualification :- Graduate with Computer Proficiency with Insurance background
Experience Exide Life Insurance Vacancy :- 4+ Years of experience in Life Insurance preferably from Policy Servicing department.
Job Description :-
- Processing requests received from customers within the defined TAT.
- Coordination with different departments & resolving issues/clearing pending items.
- Handling queries & complaints from field/other departments related to service requests.
- Routine/periodic MIS reports (daily, weekly, monthly etc.)Adhering to audit & regulatory requirements.
- Monitoring & clearing terminated contract suspense/unit balance regularly.
- Taking initiatives regularly in improving processes & systems.
- Managing the team effectively.
Apply Link :- Click here
Telegram Group Link :- Click here
Whatsapp Group Link :- Click here
Organization Name :- Exide Life Insurance Company Limited
Exide Life Insurance Vacancy :
Exide Life Insurance Company Limited, is a 100% Indian owned life Insurance company, owned by the Exide Industries. Exide Life Insurance distributes its products through multi-channels viz. Agency, Banc assurance, Corporate Agency & Broking as well as Direct Channels.
The Agency channel consists of 50,000 advisors who are attached to over 200 company offices across the country. The company also offers The company has over 15 lakh customers and manages over INR 11,015 crores in assets. It has been operating since 2001 and is headquartered at Bangalore. It deals with the life insurance products, providing long-term protection and savings option. It was featured to be among the top ten most trusted insurance brands in India as per the Economic times, Brand Equity survey 2014.
Organization Website :- www.exidelife.in
Department :- Customer Services
Positions Exide Life Insurance Vacancy :- Operation Lead – Claims
Job Location :- Bengaluru
Salary :- Not Disclosed by Recruiter
Qualification :-
- 3+ Years of experience in Life Insurance preferably from Claims background.
- Graduate with Computer Proficiency with Insurance background
Skill Set :-
- Meet the TAT stipulated by the regulator
- To assess the claim and come up with a recommendation based on the given facts.
- System enhancements and test result validations
- Preparation of MIS
Job Description Exide Life Insurance Vacancy :-
- Providing requirements for system related enhancements
- Scrutiny of Claim Eligibility, assessments.
- Follow up on claim Documents / Investigation Reports
- Checking the correctness of claim amount calculations vis a vis product benefits
- Timely Processing Claims in line with company TAT’s and KPI’s for settlement / repudiation
- Maintaining Claims statistics and analysis in respect to Claims intimated, settled, pending and pending for investigation. Preparing MIS Reports.
- Preparation of Repudiation note for approval. Repudiation letter draft sent to legal for approval.
- Claim Record Maintenance (hard copy and scanned soft copy) as per guidelines
- Identify problems if any in Life 400 and complete necessary form for intimation to IT. Discuss enhancements if any with seniors. Coordination with MOT
- Investigator Empanelment and Review
- New Initiatives to improve claim processing
- Claims investigations and fraud identification.
Apply Link :- Click here
Telegram Group Link :- Click here
Whatsapp Group Link :- Click here
Facebook Group Link :- Click here
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