Analyst - Policy Management
AXA Business Services · Not specified · onsite · Posted 21d ago
Undisclosed1–4 yrsfulltimeSourced from
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About this role
Analyst, Policy Management
Bengalulru, Karnataka, India
AXA XL is seeking talented individuals to support our business across all product lines and geographies. This dynamic, global opportunity involves collaborating with Underwriting Assistants/Underwriters based in producing offices across multiple locations. As an analyst, the individual would be involved in processing policy bookings, Issuance of policy documents and endorsements.
What youll be DOING
What will your essential responsibilities include
- Serve as the primary policy administrator to AXA XL underwriters and Middle Office, own the end-to-end policy lifecycle with precision and timeliness.
- Conduct name clearance and sanctions screening: screen insureds/counterparties, investigate matches, escalate to Compliance as needed, and document actions for audit readiness.
- Interpret instructions issued by producing office UAs, handle rejections and close relevant cases, communicating with UAs and MO to help resolve queries
- Manage bookings as per good local standard - process premium bookings basis instructions, update local deductions and taxes, validate update Reinsurance policies
- Prepare draft and issue policy documents (certificates, policies, schedules, endorsements, cover letters, invoices) with regulatory compliance and adherence to SLAs.
- Process mid-term endorsements: validate changes (coverage, limits, named insured, retroactivity), adjust premiums/terms, issue endorsements, and synchronize all systems.
- Drive renewals per underwriting guidance; prepare terms, decide renew/decline, and communicate outcomes to stakeholders.
- Ensure data integrity across policy administration systems through standardized data intake procedures, operational reconciliation workflows, and well-organized procedures for managing changes.
- Ensure privacy and internal control compliance; support audits and regulatory reporting.
- Collaborate cross-functionally (Underwriting, Claims, Middle Office, Credit Control, CAT Modelling, IT) to optimize processes; document SOPs and drive system enhancements.
You will report to Assistant Manager.
What you will BRING
Were looking for someone who has these abilities and skills:
Required Skills and Abilities:
- University post graduate with relevant years of work experience.
- Experience in insurance , P&C is preferred.
- Ability to follow defined processes and procedures.
- Organized, methodical, ability to perform multiple tasks.
- Compelling customer-service focus.
Desired Skills and Abilities:
- Ability to prioritize workload.
- Persuasive communication skills, both verbal and written; fluent in English.
- Ability to communicate results and technical issues in a professional manner.
- Influential collaborative skills; ability to work effectively in a team environment.
Who WE are
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we dont just provide re/insurance, we reinvent it.
HowBy combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business property, casualty, professional, financial lines and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Learn more at
What we OFFER
Inclusion
AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. Thats why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential.
Its about helping one another and our business to move forward and succeed.
- Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
- Robust support for Flexible Working Arrangements
- Enhanced family-friendly leave benefits
- Named to the Diversity Best Practices Index
- Signatory to the UK Women in Finance Charter
Learn more at . AXA XL is an Equal Opportunity Employer.
Total Rewards
AXA XLs Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.
Were committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.
Sustainability
At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called Roots of resilience, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
Our Pillars:
- Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society are essential to our future. Were committed to protecting and restoring nature from mangrove forests to the bees in our backyard by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
- Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We''re building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
- Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. Were training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
- AXA Hearts in Action : We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XLs Hearts in Actionprograms. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day the Global Day of Giving.
For more information, please see axaxl.com/sustainability.
Sourced from naukri
Skills
Customer ServiceAgilesanctions screeningpolicy administrationpolicy managementReinsuranceInsurance ProductsRegulatory ReportingRegulatory Complianceunderwritingbusiness strategycompliancefinanceCredit Control
About AXA Business Services
AXA Business Services
Insurance
845
employees
1946
80 years old
Paris, France
France
₹6.7L PA avg
Avg at AXA Business Services
About
As one of the largest global insurers, our purpose is to act for human progress by protecting what matters. Protection has always been at the core of our business, helping individuals, businesses, and societies to thrive. And AXA has always been a leader, an innovator, an entrepreneurial company, fostering progress in all its dimensions. Our purpose also links back to the Group's roots. From the outset, AXA has been committed to acting as a force for the collective good. From solidarity-based actions with AXA Hearts In Action to work on prevention issues with the AXA Research Fund and the fight against climate change, AXA has always been attentive to its social environment and embraced its responsibility as an insurer: responsibility for taking action upstream in order to better understand risks, with one goal in mind: to ensure better protection.
Industries
InsuranceFinancial Services
Employee ratings
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Culture
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3.0
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