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    Specialist - Reinsurance Operations - mumbai, India - Marsh McLennan

    Marsh McLennan
    Marsh McLennan mumbai, India

    1 week ago

    Default job background
    Accounting / Finance
    Description

    Guy Carpenter is seeking candidates for the following position based in the Mumbai office:

    Job Title: Specialist – Transactional Services

    What can you expect?

    • the reinsurance contract document
    • up risk on system basis contract document/Broker Instruction sheets and generating covering letter (EOC) for the clients

    Creating Premiums transactions & generate LPANs and closing instructions

    Understanding/analysing the claims documents from the clients, setting up of claims on system, creating claims transactions & generating documents

    Submission of documents to Reinsurers

    Monitor the agreement, following up with clients and reinsurers

    Handling enquiries from Reinsurers and clients

    We will count on you to:

    • accurate client/Underwriter documentation associated with the respective processes within specified turnaround times
    • self with knowledge of the core product principles and regulations to align with the continuous learning culture at MMC
    • that all statutory and company regulations are followed while processing work to protect clients, colleagues and the business interests of the company
    • to the development of a supported and flexible working environment ensuring business needs are met at all times
    • of individual performance measures as outlined and targets set within performance appraisal as agreed with line manager
    • and contribute to the achievement of individual and departmental Key Performance Indicators and Service Levels Agreements
    • towards enhancing customer/client experience whilst adding value to the respective end-to-end business process
    • professional communication skills at all levels within MMC and with external customers
    • of relevant record / logs / timesheet & hygiene of work as required by management and for MIS purposes
    • and attend any training programs or learning sessions as deemed necessary for enhancing job skills or nominated by managers
    • build technical expertise and business knowledge associated with the respective process as deemed necessary by line manager
    • ownership of work queues and ensuring proper handover of work to team/line manager in case of absence from work
    • assist and provide guidance to less experienced colleagues as needed
    • and support manager in team meetings and activities to share opinions, ideas, knowledge and solutions; maintain strong working relationships and participate in initiatives and/or contribute where required to deliver outcomes.
    • quality checks for less experienced colleagues as per standard guidelines as needed

    What you need to have:

    • written and verbal communication skills (mandatory)
    • Typing speed
    • Reasoning and prioritization skills
    • Solving and Analytical Skills
    • with MS outlook & MS Excel
    • makes you stand out?
    • in interacting with international customers
    • presentation and MS office power point skills (preferred)
    • understanding of Insurance/Reinsurance business/processes
    • understanding of Risk & Financial regulatory bodies (preferred)
    • in regulations that govern Insurance in our countries of operation (i.e. UK, US, Australia, Asia) (preferred)

    Guy Carpenter & Company , LLC is a leading global risk and reinsurance specialist with more than 3,500 professionals in over 60 offices around the world. Guy Carpenter delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. Guy Carpenter is a business of Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people. The company's 85,000 colleagues advise clients in over 130 countries. With annualized revenue of over $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading companies including Marsh, Mercer and Oliver Wyman. For more information, visit and follow us on LinkedIn and X.

    Marsh McLennan 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 McLennan 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 McLennan 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.

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