Associate
EXL · Pune, Maharashtra · Full-time
Good to Have Basic Insurance Understanding and Preferred Domain Experience
• Lloyd's of London Syndicate Operations
• London Market Insurance
• UK Commercial Insurance
• Premium Processing and Policy Administration
Key Responsibilities
• Process and book premiums accurately in line with Lloyd's market guidelines and company procedures.
• Review and interpret MRC (Market Reform Contract) documents and related insurance documentation.
• Handle endorsement booking and policy amendments with high accuracy.
• Understand and execute activities across the complete UK Insurance Lifecycle, including:
• New Business
• Endorsements
• Renewals
• Cancellations
• Premium Adjustments
• Ensure compliance with Lloyd's and London Market standards.
• Perform quality checks and assist in resolving processing discrepancies.
• Support audit requirements by providing documentation, explanations, and process clarifications.
• Assist team members with knowledge sharing, process training, and calibration sessions.
• Maintain productivity and quality standards while meeting turnaround time targets.
• Graduate in any discipline.
• Prior experience in Lloyd's Syndicate Operations, Premium Processing, or Insurance Back-office Operations will be preferred.