Mphasis hiring for Process Analyst

Mphasis Recruitment 2024 –

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Vacancy –
Process Analyst
Basic Information –
Mphasis is hiring for Process Analyst
Below we have mentioned the Job description along with complete information about the vacancies. Please go through the information completely & understand the process of Application.
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Company NameMphasis
Profile Hiring forProcess Analyst
SalaryAs per Market Standards
Work ProfileHybrid
EligibilityFreshers / Experienced
Last DateN/A

Eligibility Criteria for Mphasis Recruitment Drive 2024

Through personal activities support the day-to-day activities of the wider Claims team ensuring delivery of an effective & high-quality Claims service for the business it services and ensures the team delivers to agreed SLAs & KPIs by completing work in accurate and timely manner.

Responsibilities

 Analyzing of documents received from onshore team, processing in a timely and with Quality

 Analyze and processing FNOL First notification of Loss, claims set up in processing application and Class application

 Processing interim/further advice and settlements, loss adjusters & fees payment.

 Interacting with underwriters via ECF portal and emails for company underwriters

 Interacting with onshore team in case of any queries related to the claim

 Export in-error data from ECF (electronic claim file) and release it to underwriters for review.

 Review of underwriter comments on ECF transactions to resolve queried and rejected

 transactions.

 Co-ordinate with IBA (insurance broking accounts) team to prioritize the claim payments and

 assist them with supporting documents to match funds.

 Effective dairy management for active claims file and old age claims

 Raise question to Senior Technician when unable to complete activities.

 Engage in feedback and personal development

 Help deliver the service to the agreed SLAs & KPIs

 Ensure Personal adherence to, and support, all company compliance, policy, risk management and audit requirements.

 Ensure successful personal completion of training and assessment exercises as assigned from the Compliance and Training Departments


Skills & experiences

Must have

 +2 years working within the commercial insurance industry

 +2 years experience gained directly within the insurance broking industry, or lesser experience supported by professional insurance qualifications.

 +2 years experience working within a claims processing team

 Understanding of London Market Specialty insurance

 Awareness of the end-2-end insurance placement process

 good communication skills (written and verbal)

 Ability to work on own and as part of a team

 knowledge of MS Office (Word, Excel & PowerPoint

Preferred

 Awareness of the FCA GI regulation, ideally with London Market and MGA experience, knowledge of other relevant regulation/legislation such as GDPR and IDD are required

 Basic understanding of risk management principles

 Enjoys working in a dynamic and changing environment across a wide range of subject matter and business operations and working autonomously and as a member of the team.

 Quality Standards awareness

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How to Apply for Mphasis Recruitment 2024

To apply for this job, interested candidates must follow the procedure outlined below:

Click on the “Apply here” button provided below. You will be redirected to the application page.

  1. Fill in the application form with all the necessary details.
  2. Submit all relevant documents, if required.
  3. Make sure that all the details entered are correct.
  4. Submit the application form & wait for the company’s revert.

Important Information :

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NO FEE CHARGED FROM CANDIDATES

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