WorkboxIn

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.