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75 AXA Business Services Jobs

Associate Consultant, UA

10-12 years

Gurgaon / Gurugram

1 vacancy

Associate Consultant, UA

AXA Business Services

posted 4hr ago

Job Description


The role holder provides support to the Underwriter and ensures that the administrative processes for the policy lifecycle are run efficiently and at a high quality to serve internal and external clients. They ensure a resilient knowledge foundation by gaining advanced expertise in multiple processes and/or lines of business and assume responsibility for overall pre-blind and post-blind policy maintenance/governance. They might be working on the end-to-end processes and/or hold a Resilient Processing Authority. This role is meant to be Resilient.
DISCOVER your opportunity
What will your essential responsibilities include
Providing comprehensive assistance to the underwriter and guidance to the coding and Issuance Unit if such exists, throughout the policy lifecycle. Pre-underwriting, evaluating risk, and assessing the completeness of the underwriting package before the underwriter is required to review.
Managing the workflow of multiple tasks and maintaining a detailed understanding of the status of various tasks owned by the underwriter, Brokers, Reinsurers AXA XL internal network and fronting partners, and network partners around the world.
Proactive problem-solving to balance and manage client/broker/UW expectations and internal service standards.
Acting as a Subject Matter Expert and a role model on the process toolshed and/or providing long-term support to the other members on top of daily duties.
Collaborating closely with the Underwriter, Project Management, legal and Regulatory as necessary to perform pre/post-blind activities and confirm policy issuance instructions and manuscript wordings, Regulatory notices, certificates etc. to effectively intactCoding and Issuance unit if, such exists.
Assessing when necessary and performing quality control of rating, coding, and issuance output to ensure accuracy (e.g., exposure basis, limits, coverage extensions, modifications and data entry etc.).
Training and mentoring the new team member to support their learning, as well as for the coding Issuance unit if, such exists.
Conducting sessions for ESS teams to boost knowledge and enhance effectiveness across the organization.
Preparing and maintaining documentation of existing and future processes, including detailed process maintenance when required.
Conducting difficult existing processes, looking for improvement opportunities, and participating in process improvement projects between ESS and MO/UW.
Actively supporting transition planning and execution.
Looking to engage in projects and opportunities to collaborate with other individuals/teams onshore and offshore.
Adhering to Service Level Agreements and quality targets set by Global operations in agreement with underwriting (when applicable).
Using workflow and time-tracking tools to ensure proper work organization and reporting (When applicable).
Supporting in different time zones to provide coverage to businesses as applicable. You will report to the Manager-Policy Management.
SHARE your talent
We re looking for someone who has these abilities and skills:
Required Skills and Abilities:
Graduate in any discipline, preferably in insurance and Commerce or Financial Accounting.
Candidate with relevant years of experience within AXA XL or the Insurance domain.
Very good knowledge of Insurance/Underwriting.
Effective knowledge of policy management tools.
Proficient in reading and comprehending Insurance industry-related correspondence and memos.
Excellent written and oral communication skills and confidence to speak up in team meetings as well as with senior colleagues and stakeholders.
Problem-solving attitude, great work organization skills.
Effective analytical skills and ability to work resiliently and under my own initiative.
Should be deadline-driven and can work under pressure.
Ability to perform the processes with zero supervision.
Ability to support the team manager from the technical perspective as an SME.
Desired Skills and Abilities:
Technical knowledge.
Social Intelligence.
Result-Outcome focus.
Analytical Thinking.
Client Service.
Negotiating and Persuading.
FIND your future
AXA XL, the PC and speciality risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don t 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 speciality.
Learn more at axaxl.com
Inclusion Diversity
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 a diverse workforce enable business growth and are critical to our success. That s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It s 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 axaxl.com / about-us / inclusion-and-diversity . AXA XL is an Equal Opportunity Employer.
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. We re 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. Were 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. We re 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 XL s Hearts in Action programs. 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.
"

Employment Type: Full Time, Permanent

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What people at AXA Business Services are saying

4.2
 Rating based on 8 Associate Consultant reviews

Likes

Work Life Balance

  • Work-life balance - Good
Dislikes

Short Term Projects which neither add value nor help skillwise

  • Salary - Poor
  • +4 more
Read 8 Associate Consultant reviews

Associate Consultant salary at AXA Business Services

reported by 62 employees with 3-12 years exp.
₹6.4 L/yr - ₹15 L/yr
At par with the average Associate Consultant Salary in India
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What AXA Business Services employees are saying about work life

based on 1.4k employees
52%
88%
70%
87%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

AXA Business Services Benefits

Cafeteria
Health Insurance
Team Outings
Soft Skill Training
Job Training
Work From Home +6 more
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