What Insurance Jobs are in Indore?

• Process new insurance policy applications, endorsements, and cancellations accurately and efficiently.
• Maintain policy records and ensure all documentation is complete and up-to-date in the system.
• Respond to inquiries from policyholders, agents, and internal staff regarding policy details and coverage.
• Generate policy documents, renewal notices, and other correspondence.
• Assist in the renewal process, ensuring timely communication and processing.
• Verify policy information for accuracy and compliance with underwriting guidelines.
• Collaborate with sales, underwriting, and claims teams to resolve policy-related issues.
• Support audits by providing necessary documentation and information.

• High school diploma or equivalent; a Bachelor's degree is preferred.
• Minimum of 2 years of experience in insurance policy administration or a related administrative role.
• Strong understanding of insurance terminology and policy structures.
• Excellent organizational and time management skills.
• Proficiency in Microsoft Office Suite (Word, Excel, Outlook).
• Experience with insurance policy management software is a plus.
• Strong attention to detail and accuracy.
• Good communication and customer service skills.

• Competitive salary based on experience.
• Health, dental, and vision insurance.
• Paid time off and holidays.
• Opportunities for training and skill development.
• Hybrid work model providing flexibility.
• Supportive and professional work environment.

• Assist in the development and maintenance of actuarial models for pricing, reserving, and forecasting.
• Perform experience studies to analyze mortality, morbidity, and lapse rates.
• Support the pricing of new life insurance products and the valuation of existing ones.
• Calculate required statutory and GAAP reserves.
• Analyze financial results and explain variances from expectations.
• Conduct ad-hoc analysis to support business decisions and strategic initiatives.
• Assist in the preparation of regulatory filings and reports.
• Collaborate with other departments, including finance, product development, and risk management.
• Stay updated on relevant actuarial standards of practice and regulatory changes.
• Participate actively in the actuarial examination process.

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Minimum of 2-3 years of experience in a life insurance actuarial role.
• Progress towards actuarial designations (e.g., SOA exams passed) is required.
• Strong proficiency in mathematical modeling and statistical analysis.
• Experience with actuarial software and programming languages (e.g., Prophet, AXIS, R, Python) is a plus.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong written and verbal communication abilities.
• Detail-oriented with a commitment to accuracy.
• Ability to work effectively in a remote setting, contributing to team goals from Indore, Madhya Pradesh, IN .
• Demonstrated eagerness to learn and develop professionally.

• Competitive base salary and study assistance for actuarial exams.
• Comprehensive health insurance coverage.
• Retirement savings plan.
• Generous paid time off.
• Professional development opportunities and mentorship.
• Fully remote work environment offering flexibility.
• Access to cutting-edge actuarial technology.
• Collaborative and intellectually stimulating team culture.
• Support for continuing professional development.

• Develop and maintain strong relationships with commercial clients, understanding their business needs and risk profiles.
• Provide expert advice and solutions on a range of commercial insurance products, including property, casualty, and professional liability.
• Analyze client operations to identify potential risks and recommend appropriate insurance coverage.
• Prepare and present insurance proposals and policy renewals to clients.
• Collaborate with underwriting teams to secure competitive terms and conditions for clients.
• Stay updated on market trends, new products, and regulatory changes affecting commercial insurance.
• Manage client service inquiries and ensure prompt resolution.
• Generate new business opportunities through networking and referrals.

• Bachelor's degree in Business Administration, Marketing, Finance, or a related field.
• Minimum of 4 years of experience in commercial insurance sales, account management, or a related role.
• Proven track record of success in managing client relationships and achieving sales targets.
• Strong knowledge of commercial insurance products and underwriting principles.
• Excellent communication, presentation, and negotiation skills.
• Ability to analyze business operations and identify risk exposures.
• Proficiency in CRM software and Microsoft Office Suite.
• Relevant insurance certifications (e.g., IRDAI) are advantageous.

• Attractive salary with uncapped commission potential.
• Comprehensive health benefits package, including medical, dental, and vision.
• Generous paid time off and company holidays.
• Retirement savings plan with employer contributions.
• Opportunities for professional development and industry certifications.
• Access to modern office amenities and remote work tools.
• Company-provided vehicle or travel allowance.

Our client, a dynamic player in the insurance market, is seeking a visionary Product Development Manager to lead their product innovation initiatives from their Indore, Madhya Pradesh, IN office. This key role involves conceptualizing, designing, and launching new insurance products that meet market demands and drive business growth. The Product Development Manager will work closely with actuarial, marketing, sales, and legal teams to ensure the successful development and implementation of cutting-edge insurance solutions. This is an exciting opportunity for a strategic thinker with a passion for innovation to leave their mark on the insurance industry in Indore, Madhya Pradesh, IN and beyond. We are looking for a leader who can identify market opportunities and translate them into profitable and competitive insurance products.

• Lead the end-to-end product development lifecycle, from ideation to launch.
• Conduct market research and competitive analysis to identify new product opportunities.
• Define product strategy, roadmap, and requirements in collaboration with stakeholders.
• Develop business cases and financial models for new product proposals.
• Oversee product design, pricing, policy wording, and underwriting guidelines.
• Coordinate with actuarial teams to ensure product viability and profitability.
• Collaborate with marketing and sales teams to develop go-to-market strategies.
• Ensure all products comply with regulatory requirements and legal standards.
• Monitor product performance post-launch and identify areas for improvement.
• Manage cross-functional teams and external partners throughout the development process.
• Stay informed about industry trends, emerging technologies, and customer needs.

• Bachelor's degree in Business, Marketing, Finance, or a related field; MBA preferred.
• Minimum of 6 years of experience in product management or product development within the insurance industry.
• Proven track record of successfully launching new insurance products.
• Strong understanding of insurance markets, product types, and regulatory environments.
• Excellent analytical, strategic thinking, and problem-solving skills.
• Demonstrated leadership and project management capabilities.
• Effective communication and presentation skills, with the ability to influence stakeholders.
• Proficiency in market analysis tools and product development methodologies.
• Experience working in the Indore, Madhya Pradesh, IN market is a plus.
• Ability to work collaboratively in a fast-paced, cross-functional environment.

Our client offers a highly competitive salary, performance-based bonuses, and comprehensive benefits including health, dental, and vision insurance. We provide a robust retirement savings plan and generous paid time off. Opportunities for professional development and career advancement are abundant through training programs, workshops, and leadership opportunities. The hybrid work model in Indore, Madhya Pradesh, IN offers a blend of in-office collaboration and remote flexibility. We pride ourselves on fostering an innovative and supportive work culture.

• Lead the entire product lifecycle, from ideation and market research to launch and ongoing performance monitoring.
• Develop comprehensive business cases for new product initiatives, including market analysis, competitive benchmarking, and financial projections.
• Collaborate with actuarial teams to define product features, pricing strategies, and underwriting guidelines.
• Work with marketing and sales teams to develop effective go-to-market strategies and product launch plans.
• Ensure all product designs comply with relevant regulations and legal requirements.
• Monitor product performance, gather customer feedback, and identify opportunities for product enhancements or new developments.
• Manage relationships with external partners and vendors involved in product development and delivery.
• Present product strategies and performance updates to senior management.

• Bachelor's degree in Business, Marketing, Finance, or a related field; MBA or relevant professional certifications are a plus.
• Minimum of 5 years of experience in product management or product development, with a significant focus on the insurance industry.
• Demonstrated success in launching new products and managing their lifecycle.
• Strong understanding of insurance principles, market trends, and competitive landscape.
• Excellent analytical, strategic thinking, and problem-solving skills.
• Exceptional communication, presentation, and interpersonal skills.
• Proven ability to lead and influence cross-functional teams.
• Proficiency in market research tools and product management methodologies.

• Underwrite cyber insurance policies, accurately assessing risks associated with data breaches, cyber-attacks, and other technology-related exposures.
• Develop and refine cyber insurance products, including policy wording, coverage enhancements, and pricing strategies.
• Provide expert advice to clients and brokers on cyber risk management best practices and mitigation strategies.
• Collaborate with claims teams to manage cyber insurance claims efficiently and effectively.
• Stay current with the latest cybersecurity threats, vulnerabilities, and regulatory changes impacting cyber risk.
• Conduct in-depth risk assessments and analyze client security postures to inform underwriting decisions.
• Develop training materials and conduct educational sessions for internal teams and external clients on cyber risks and insurance solutions.
• Work closely with the sales and marketing teams to promote cyber insurance products and identify new business opportunities.
• Contribute to the development of data analytics and reporting related to cyber insurance portfolios.
• Maintain strong relationships with key partners in the cybersecurity and insurance industries.

• Bachelor's degree in Computer Science, Information Technology, Cybersecurity, Finance, or a related field. Relevant certifications (e.g., CISSP, CISM, CRISC) are highly desirable.
• Minimum of 5 years of experience in cybersecurity, IT risk management, or cyber insurance underwriting.
• Strong understanding of cybersecurity principles, common threats, vulnerabilities, and defensive measures.
• Knowledge of insurance underwriting principles and policy structures, specifically for cyber risks.
• Excellent analytical and problem-solving skills, with the ability to assess complex technical risks.
• Strong communication and presentation skills, with the ability to explain technical concepts to non-technical audiences.
• Proven ability to work independently and manage workload effectively in a fully remote environment.
• Familiarity with regulatory requirements related to data privacy and cybersecurity (e.g., GDPR, CCPA).
• Experience in developing or managing insurance products is a plus.

• Competitive annual salary of ₹.
• Fully remote work arrangement, offering maximum flexibility.
• Comprehensive health, dental, and vision insurance coverage.
• Generous paid time off and flexible work hours.
• Opportunities for professional development, including specialized cybersecurity and insurance training.
• Retirement savings plan with matching contributions.
• Exposure to a high-growth sector of the insurance industry.
• Collaborative digital work environment fostering innovation.

Our client, a respected entity in the insurance sector, is seeking a highly skilled Senior Risk Analyst to bolster their risk management function in Indore, Madhya Pradesh . This role is integral to identifying, assessing, and mitigating the diverse risks that the company faces across its operations, including market risk, credit risk, operational risk, and insurance-specific risks. The successful candidate will be instrumental in developing and implementing robust risk frameworks, conducting quantitative and qualitative risk assessments, and providing strategic insights to senior management. This is an exceptional opportunity to contribute to the financial stability and strategic planning of a growing insurance organization. We are looking for a proactive and analytical professional with a proven track record in risk analysis, preferably within the financial services or insurance domain. Join our client in Indore to play a key role in shaping risk appetite and fostering a strong risk-aware culture.

• Develop, implement, and maintain comprehensive risk management frameworks and policies.
• Conduct quantitative and qualitative assessments of various risks, including market, credit, operational, and insurance risks.
• Analyze financial data and market trends to identify potential risk exposures and vulnerabilities.
• Develop risk models and scenarios to stress-test the company's resilience.
• Prepare detailed risk reports and present findings and recommendations to senior management and relevant committees.
• Monitor key risk indicators (KRIs) and ensure timely reporting and action.
• Collaborate with business units to embed risk management best practices into daily operations.
• Stay informed about regulatory requirements and industry best practices in risk management.
• Contribute to the development and implementation of risk mitigation strategies.

• Master's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• Minimum of 5 years of experience in risk analysis, preferably in the insurance or financial services industry.
• Strong understanding of risk management principles, frameworks (e.g., COSO, Basel), and methodologies.
• Proficiency in statistical analysis and modeling techniques.
• Experience with risk management software and tools.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong report-writing and presentation skills.
• Ability to work independently and collaboratively in a team environment.
• Knowledge of relevant Indian regulations for the insurance sector is a plus.
• This role requires a presence in Indore, Madhya Pradesh with a hybrid work model.

• Competitive salary and performance-based incentives.
• Comprehensive health and wellness benefits package.
• Retirement savings plan and other financial benefits.
• Generous paid time off and leave policies.
• Opportunities for professional development, certifications, and training.
• A dynamic work environment in Indore with a focus on growth.
• Hybrid work arrangement providing work-life balance.

• Design, develop, and deploy advanced statistical models and machine learning algorithms to address complex business problems in insurance.
• Analyze large, disparate datasets to identify patterns, trends, and opportunities for business improvement.
• Develop predictive models for customer segmentation, churn prediction, fraud detection, and risk assessment.
• Build and maintain data pipelines and ETL processes for data ingestion and transformation.
• Collaborate with product managers, actuaries, and business analysts to understand requirements and deliver data-driven solutions.
• Present complex analytical findings and recommendations to both technical and non-technical audiences through clear visualizations and reports.
• Stay current with the latest advancements in data science, machine learning, and artificial intelligence, and apply them to insurance challenges.
• Mentor junior data scientists and contribute to the team's technical growth.
• Ensure data quality and integrity throughout the analytical process.
• Develop and optimize data-driven strategies for marketing, underwriting, and claims management.

• Master's or Ph.D. in Computer Science, Statistics, Mathematics, Data Science, or a related quantitative field.
• Minimum of 5 years of professional experience in data science or advanced analytics, with a strong preference for experience in the insurance or financial services industry.
• Proven expertise in statistical modeling, machine learning algorithms (e.g., regression, classification, clustering, deep learning), and data mining techniques.
• Proficiency in programming languages such as Python or R, and experience with relevant libraries (e.g., scikit-learn, TensorFlow, PyTorch, Pandas, NumPy).
• Strong experience with SQL and big data technologies (e.g., Spark, Hadoop).
• Excellent data visualization skills using tools like Tableau, Power BI, or Matplotlib/Seaborn.
• Ability to translate complex business problems into quantitative analytical frameworks.
• Strong communication and presentation skills, with the ability to articulate technical concepts clearly.
• Experience with cloud platforms (AWS, Azure, GCP) is a plus.
• Demonstrated ability to work independently and as part of a collaborative team.
• Must be located in or willing to relocate to Indore, Madhya Pradesh .

• Highly competitive salary and performance bonus.
• Comprehensive health, dental, and vision insurance coverage.
• Generous stock options or equity participation in a growing startup.
• 401(k) or equivalent retirement savings plan with company match.
• Ample opportunities for professional development, including attending conferences and pursuing certifications.
• Flexible working hours and a hybrid work model to promote work-life balance.
• A stimulating and innovative work environment focused on cutting-edge technology.
• Collaborative team culture with talented and passionate colleagues.
• Access to the latest tools and technologies in data science.
• Relocation assistance for candidates moving to Indore, Madhya Pradesh .