Inforce Illustration Process Expert

from 3 to 8 year(s) of Experience
Not Disclosed by Recruiter

Job Description

Role: Inforce Illustration process Expert


Shift: 5:30 PM - 2 AM


Location: Gurgaon

Main Accountabilities

  • Produce manual in force illustrations for all Traditional and Universal Life products
  • Manually calculate premiums, dividends, loans and cash values for Traditional and Universal Life products
  • Understand and provide comprehensive explanations of the illustrations
  • Prepare complex exception illustration requests, modifying assumptions as necessary for Universal Life products
  • Ability to produce online in force illustrations using online tools and workspaces for all Traditional and Universal Life products
  • Ability to understand, interpret and explain variability and investment options for Universal Life illustrations
  • Understand and apply various formulae and calculations correctly
  • Understand and apply various internal and external Life Insurance rules and regulations correctly
  • Develop training material and provide training to team members
  • Subject Matter Expert for procedure improvements, product and system enhancements
  • Build and maintain strong relationships with advisors and internal business partners

Competencies

  • In depth and comprehensive knowledge of Traditional and Universal Life Insurance products
  • Highly effective communications skills, both written and verbal
  • High level attention to detail to reduce risk of error with complex data
  • Strong logic, problem solving and mathematical skills
  • Strong decision making ability based on complex information
  • Team player with positive attitude, enthusiasm and commitment to provide quality and timely service
  • Ability to learn and understand different computer systems and programs quickly
  • Ability to be self-motivated, self-directed and work independently
  • Ability to multi-task and prioritize effectively in a fast paced, changing environment
  • Recognizes need for urgency and executes quickly and decisively in time sensitive situations
  • Solid understanding of excel
  • Minimum 3 years of experience in life insurance

Requirements

  • Highly developed analytical and problem solving skills
  • Should be Math/Statistics graduate or have cleared 2-4 papers of Actuary
  • Experience using Microsoft Excel, Access and Word
  • Traditional and Universal Life product knowledge

Role:Operations Officer

Salary: Not Disclosed by Recruiter

Industry:Insurance

Functional Area:Financial Services, Banking, Investments, Insurance

Role Category:Operations/Processes/Finance/Legal

Employment Type:Full Time, Permanent

Education-

UG:B.Com in Any Specialization,B.Sc in Any Specialization

PG:

Doctorate:

Company Profile

Windows Consultants Pvt. Ltd.

A Leading MNC for insurance

Company Info
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Contact Company:Windows Consultants Pvt. Ltd.