302 Insurance Broker jobs in India

Hiring for a leading Insurance company in Coimbatore!

Title: Principal Officer (Insurance Broker)

Minimum Experience: 3 years

Location: Coimbatore

Salary: As per industry standards

Role Overview

The Principal Officer (PO) will be responsible for supervising and ensuring compliance in all activities of the Corporate Agent/Insurance Broker. The role demands strong regulatory knowledge, operational oversight, and effective grievance redressal, in line with IRDAI guidelines.

Key Responsibilities

1. Supervise and monitor the activities of the Corporate Agent; ensure that all specified people are trained, skilled, and knowledgeable in insurance products.
2. File applications for removal or addition of specified persons and Authorized Verifiers.
3. Ensure strict compliance with the Code of Conduct and Corporate Agency regulations in both letter and spirit.
4. Submit material disclosures, regulatory returns, and other information to the Authority in a timely manner.
5. Submit annual compliance certification to the Authority, confirming adherence to all regulatory provisions.
6. Oversee insurance solicitation activities and ensure all compliance requirements from specified persons (SPs) are met.
7. Act as the Single Point of Contact for inspections and other compliance-related matters with the Authority.
8. Verify compliance of SPs and ensure solicitation is carried out only by authorized persons.
9. Ensure all customer grievances are addressed appropriately and resolved within 14 days.

Qualifications & Requirements

• Education: Bachelor’s degree in any stream or (MBA or professional qualifications preferred – III, Actuaries, CII London, IIRM, ICAI, ICSI, CFA/CAIIB).
• Training & Certification:

50 hours of training + passing the prescribed IRDAI exam (if not holding a professional qualification).

25 hours of training + exam for recognized professionals.

Certification valid for 3 years .

• Must fulfill additional regulatory requirements such as minimum capital, deposits, professional indemnity insurance, infrastructure, staffing, and fit & proper declaration.

Key Skills

• Strong knowledge of IRDAI regulations and insurance compliance framework.
• Leadership and supervisory skills.
• Excellent communication and reporting abilities.
• Customer grievance handling and resolution.
• Ability to coordinate effectively with regulatory authorities.

Hiring for a leading Insurance company in Coimbatore!

Title: Principal Officer (Insurance Broker)

Minimum Experience: 3 years

Location: Coimbatore

Salary: As per industry standards

Role Overview

The Principal Officer (PO) will be responsible for supervising and ensuring compliance in all activities of the Corporate Agent/Insurance Broker. The role demands strong regulatory knowledge, operational oversight, and effective grievance redressal, in line with IRDAI guidelines.

Key Responsibilities

1. Supervise and monitor the activities of the Corporate Agent; ensure that all specified people are trained, skilled, and knowledgeable in insurance products.
2. File applications for removal or addition of specified persons and Authorized Verifiers.
3. Ensure strict compliance with the Code of Conduct and Corporate Agency regulations in both letter and spirit.
4. Submit material disclosures, regulatory returns, and other information to the Authority in a timely manner.
5. Submit annual compliance certification to the Authority, confirming adherence to all regulatory provisions.
6. Oversee insurance solicitation activities and ensure all compliance requirements from specified persons (SPs) are met.
7. Act as the Single Point of Contact for inspections and other compliance-related matters with the Authority.
8. Verify compliance of SPs and ensure solicitation is carried out only by authorized persons.
9. Ensure all customer grievances are addressed appropriately and resolved within 14 days.

Qualifications & Requirements

• Education: Bachelor’s degree in any stream or (MBA or professional qualifications preferred – III, Actuaries, CII London, IIRM, ICAI, ICSI, CFA/CAIIB).
• Training & Certification:

50 hours of training + passing the prescribed IRDAI exam (if not holding a professional qualification).

25 hours of training + exam for recognized professionals.

Certification valid for 3 years .

• Must fulfill additional regulatory requirements such as minimum capital, deposits, professional indemnity insurance, infrastructure, staffing, and fit & proper declaration.

Key Skills

• Strong knowledge of IRDAI regulations and insurance compliance framework.
• Leadership and supervisory skills.
• Excellent communication and reporting abilities.
• Customer grievance handling and resolution.
• Ability to coordinate effectively with regulatory authorities.

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose – the relentless pursuit of a world that works better for people – we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.
Inviting applications for the role of Assistant Manager – P&C Insurance Broker Support Team
In this role, you will be responsible for guiding the team, optimizing processes, ensuring quality, and maintaining client satisfaction. You’ll need to ensure that the team operates efficiently, meets its goals, and delivers high-quality services consistently. In this role, you will be expected to work on strict deadlines, in a high-pressure business environment while being a good team player and will need to lead a team size of ~15 to 25 people.
You will be encouraged to be passionate about the Business goals/challenges and know how to seek these using analytics and technology. 
Should be open to work in any shift as per the business requirement
Responsibilities
• Lead a team size of ~15 to 25 people, inspire and motivate the team to achieve their goals.
• Oversee daily operations and ensure efficient workflow management.
• Provide guidance and support to team members for their professional development.
• Assign tasks based on individual strengths and project requirements and conduct regular team meetings to discuss progress, challenges, and solutions.
• Identify areas for process improvement and implement best practices. Provide ongoing coaching and feedback to help team members improve their performance.
• Serve as the primary point of contact for clients regarding service delivery. Ensure that client expectations are met or exceeded. Address client concerns and provide timely resolutions.
• Prepare detailed reports on team performance, inventory status, and other relevant metrics. Maintain accurate records of all activities, communications, and decisions. Ensure that documentation is updated regularly and accessible to relevant stakeholders.
• Foster a positive work environment by promoting teamwork and collaboration. Implement strategies to prevent conflicts and enhance team cohesion. Address conflicts within the team promptly and fairly.
• Ensure that all processes comply with regulatory requirements and SOPs. Conduct regular audits to ensure compliance.

Qualifications we seek in you
Minimum qualifications
• Graduate in any stream
• Relevant and meaningful years of experience of working in US P&C insurance lifecycle – pre-placement, placement, and post-placement activities (such as endorsements processing, policy administration, policy checking, policy issuance, quoting, renewal prep, submissions, surplus lines, licensing, agency admin, inspections and so on. 
• Demonstrate and cultivate customer focus, collaboration, accountability, initiative, and innovation.
• Proficient in English language- both written (Email writing) and verbal
• A strong attention to detail; analytical skills and the ability to multi-task are important
Preferred qualifications 
• An Insurance Certification would be an edge
• Ability to think long-term strategically and operationally
• High customer service orientation.
• Excellent written and verbal communication
• Excellent statistical knowledge
• Highly motivated and achievement oriented
• Any Project or GB certification in previous experience would be an edge 

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose - the relentless pursuit of a world that works better for people - we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.

We are inviting applications for the role of Senior Manager, – P&C Insurance Broker Support Team

In this role, you will be expected to work on strict deadlines in a high-pressure business environment while being a good team player. Your ability to lead a large team, optimize processes, ensure quality, and maintain client satisfaction will be critical to your success. You will be encouraged to be passionate about the business goals and challenges and know how to address these using analytics and technology. In this role, you will be expected to work on strict deadlines, in a high-pressure business environment while being a good team player and will need to lead a team size of ~50 to 75 people.

Responsibilities

Qualifications we seek in you

Minimum qualifications

Preferred qualifications

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose – the relentless pursuit of a world that works better for people – we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.
Inviting applications for the role of Assistant Manager – P&C Insurance Broker Support Team
In this role, you will be responsible for guiding the team, optimizing processes, ensuring quality, and maintaining client satisfaction. You’ll need to ensure that the team operates efficiently, meets its goals, and delivers high-quality services consistently. In this role, you will be expected to work on strict deadlines, in a high-pressure business environment while being a good team player and will need to lead a team size of ~15 to 25 people.
You will be encouraged to be passionate about the Business goals/challenges and know how to seek these using analytics and technology. 
Should be open to work in any shift as per the business requirement
Responsibilities
• Lead a team size of ~15 to 25 people, inspire and motivate the team to achieve their goals.
• Oversee daily operations and ensure efficient workflow management.
• Provide guidance and support to team members for their professional development.
• Assign tasks based on individual strengths and project requirements and conduct regular team meetings to discuss progress, challenges, and solutions.
• Identify areas for process improvement and implement best practices. Provide ongoing coaching and feedback to help team members improve their performance.
• Serve as the primary point of contact for clients regarding service delivery. Ensure that client expectations are met or exceeded. Address client concerns and provide timely resolutions.
• Prepare detailed reports on team performance, inventory status, and other relevant metrics. Maintain accurate records of all activities, communications, and decisions. Ensure that documentation is updated regularly and accessible to relevant stakeholders.
• Foster a positive work environment by promoting teamwork and collaboration. Implement strategies to prevent conflicts and enhance team cohesion. Address conflicts within the team promptly and fairly.
• Ensure that all processes comply with regulatory requirements and SOPs. Conduct regular audits to ensure compliance.

Qualifications we seek in you
Minimum qualifications
• Graduate in any stream
• Relevant and meaningful years of experience of working in US P&C insurance lifecycle – pre-placement, placement, and post-placement activities (such as endorsements processing, policy administration, policy checking, policy issuance, quoting, renewal prep, submissions, surplus lines, licensing, agency admin, inspections and so on. 
• Demonstrate and cultivate customer focus, collaboration, accountability, initiative, and innovation.
• Proficient in English language- both written (Email writing) and verbal
• A strong attention to detail; analytical skills and the ability to multi-task are important
Preferred qualifications 
• An Insurance Certification would be an edge
• Ability to think long-term strategically and operationally
• High customer service orientation.
• Excellent written and verbal communication
• Excellent statistical knowledge
• Highly motivated and achievement oriented
• Any Project or GB certification in previous experience would be an edge 

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose – the relentless pursuit of a world that works better for people – we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.

Inviting applications for the role of Manager – P&C Insurance Broker Support Team( Underwriting)

In this role, you willbe responsible forguiding the team, optimizing processes, ensuring quality, and maintaining client satisfaction. You’ll need to ensure that the team operates efficiently, meets its goals, and delivers high-quality services consistently.In this role, you will be expected to work on strict deadlines, in a high-pressure business environment while being a good team player and will need to lead a team size of ~35 to 50 people.

You will be encouraged to be passionate about the Business goals/challenges and know how to seek these using analytics and technology. 

Responsibilities

Qualifications we seek in you

Minimum qualifications

Preferred qualifications 

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose – the relentless pursuit of a world that works better for people – we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.
Inviting applications for the role of Assistant Manager – P&C Insurance Broker Support Team
In this role, you will be responsible for guiding the team, optimizing processes, ensuring quality, and maintaining client satisfaction. You’ll need to ensure that the team operates efficiently, meets its goals, and delivers high-quality services consistently. In this role, you will be expected to work on strict deadlines, in a high-pressure business environment while being a good team player and will need to lead a team size of ~15 to 25 people.
You will be encouraged to be passionate about the Business goals/challenges and know how to seek these using analytics and technology. 
Should be open to work in any shift as per the business requirement
Responsibilities
• Lead a team size of ~15 to 25 people, inspire and motivate the team to achieve their goals.
• Oversee daily operations and ensure efficient workflow management.
• Provide guidance and support to team members for their professional development.
• Assign tasks based on individual strengths and project requirements and conduct regular team meetings to discuss progress, challenges, and solutions.
• Identify areas for process improvement and implement best practices. Provide ongoing coaching and feedback to help team members improve their performance.
• Serve as the primary point of contact for clients regarding service delivery. Ensure that client expectations are met or exceeded. Address client concerns and provide timely resolutions.
• Prepare detailed reports on team performance, inventory status, and other relevant metrics. Maintain accurate records of all activities, communications, and decisions. Ensure that documentation is updated regularly and accessible to relevant stakeholders.
• Foster a positive work environment by promoting teamwork and collaboration. Implement strategies to prevent conflicts and enhance team cohesion. Address conflicts within the team promptly and fairly.
• Ensure that all processes comply with regulatory requirements and SOPs. Conduct regular audits to ensure compliance.

Qualifications we seek in you
Minimum qualifications
• Graduate in any stream
• Relevant and meaningful years of experience of working in US P&C insurance lifecycle – pre-placement, placement, and post-placement activities (such as endorsements processing, policy administration, policy checking, policy issuance, quoting, renewal prep, submissions, surplus lines, licensing, agency admin, inspections and so on. 
• Demonstrate and cultivate customer focus, collaboration, accountability, initiative, and innovation.
• Proficient in English language- both written (Email writing) and verbal
• A strong attention to detail; analytical skills and the ability to multi-task are important
Preferred qualifications 
• An Insurance Certification would be an edge
• Ability to think long-term strategically and operationally
• High customer service orientation.
• Excellent written and verbal communication
• Excellent statistical knowledge
• Highly motivated and achievement oriented
• Any Project or GB certification in previous experience would be an edge 

Job Description Business Analyst

What you will be doing:

• Conduct, lead and govern insurance requirement gathering workshops.
• Deliver presentations & demonstrate the product s capabilities to the client.
• Identify gaps among as-is and client requirements and suggest right solutions.
• Analyze all business requirements and provide detailed specifications.
• Assist project managers and development team during the project life cycle especially reviewing & executing test cases, training business users, and leading UAT.
• Work on project lifecycle and different methodologies like Waterfall or Agile.
• Act as a Business Consultant to provide business value analysis as part of discovery phase.
• Closely work with Technical Architect & Lead to review meeting minutes, requirements document and RTM until sign-off is obtained from the client.
• Act as a guide/mentor and prepare more leaders by using the knowledge, skill, and experience.
• Work on multiple projects and able to manage time accordingly.

What we are looking for:

• 5+ years of relevant working experience
• Graduate Degree in IT, Computer Science & MBA
• Experience in implementing multiple Insurance Solutions.
• Thorough understanding of at least one of the Insurance Operations or Functions like Policy administration, Claims, Underwriting, Risk Management, Health, Regulatory compliance, Motor insurance etc.
• Good knowledge of one or more of the Corporate Insurance Products
• Understanding of various analysis techniques and methodologies.
• Ability to convert concepts into visual diagrams and processes using different tools like MS Visio, Balsamiq.
• Hands-on Experience working on different rule engines and process automation tools and techniques.
• Experience in Appian/Pega or any other low code tools.
• Ability to define and explain end-to-end processes via User Journeys.
• Experience in Insurance Systems, Operations, Functionalities, Day end & Data sync processes, API, and other Integrations.