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15 Marsh McLennan Jobs

Specialist - Insurance Operations

4-8 years

₹ 4 - 9L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Mumbai

10 vacancies

Specialist - Insurance Operations

Marsh McLennan

posted 1d ago

Job Description

We are seeking a talented individual to join our Operations team at Marsh. This role will be based in Mumbai. This is a hybrid role that has a requirement of working at least three days a week in the office


Specialist - Insurance Operations


We're seeking for an individual who is ready to work with complex & diverse insurance work. This person will get opportunity to enhance insurance knowledge and understanding & build on client management skills. As a new colleague, you will be provided with Business Overview/Insights, in-depth process training, roles & responsibilities overview, expectations of various stakeholders to make you successful in this role.


We will count on you for:


Process and self-Management:

  • Contribute to achieve the Service Level Agreements (SLAs), Key Performance Indicators (KPIs) and business objectives
  • Adheres to Company policies and is in compliance at all times.
  • Maintains performance standards.
  • Updates reports based on predefined templates on a regular basis to ensure accurate entry
  • Maintains a basic understanding of the core aspects of relevant Insurance and related legislation
  • Completing all training related activities when assigned
  • Cognizant of completing all assigned activities within the stipulated time
  • Ensuring all production targets are met in training
  • Ensuring all production targets are met in BAU (Post training)
  • Ensuring all Quality targets are met in training
  • Ensuring all quality targets are met in BAU (Post training)
  • Communicate status of work, any issues with team managers and manager on time
  • Schedule adherence is a must
  • No unplanned leaves
  • Ready to work in below shifts :
  • 2:30 PM to 11:30 PM
  • 6:30 PM to 3:30 AM

Compliance, Regulatory and Procedural Responsibilities

  • Ensure that all statutory regulations and company procedures are followed to protect clients, colleagues and the business interest of the company
  • Appropriate usage of Marsh Speciality's systems to monitor, record and retain information
  • Demonstrate clear understanding of regulatory requirements
  • Proactively ensures compliance with regulatory and risks framework
  • Adheres to policies, guidelines and operating procedures
  • Keeps own knowledge and expertise up to date and relevant
  • Identifies and evaluates risks appropriately. Recognises how own actions impact on compliance
  • While the above are basic requirements mentioned, the role may not be limited to only these listed

What you need to have:


  • Prior years of work experience
  • Graduate in any stream
  • Fair understanding of Insurance Broking business and dynamics
  • Good command over spoken and written English
  • Superior comprehension and articulation skills
  • Ability to prioritize and organise tasks, work within stiff timelines
  • Eye for detail and innovative mindset
  • Basic knowledge of MS Office
  • Willingness to learn and adapt to changes

What makes you stand out:


  • Insurance certification from The Institutes, USA
  • Post-Graduation/Certificate Courses in Insurance
  • Any prior experience on any insurance process

Why join our team:


  • We help you be your best through professional development opportunities, interesting work and supportive leaders.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh, a business of Marsh McLennan (NYSE: MMC), is the worlds top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow on LinkedIn and X.


Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.


Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one anchor day per week on which their full team will be together in person


Employment Type: Full Time, Permanent

Read full job description

Prepare for Specialist roles with real interview advice

Top Marsh McLennan Specialist Interview Questions

Q1. Wht do you know about Insurance
Q2. What insights can be gathered from the output of the case study round?
Q3. What is most frequent catastrophe India?
View all 15 questions

What people at Marsh McLennan are saying

4.0
 Rating based on 38 Specialist reviews

Likes

Employee centric company. Good benefits compared to other companies.

  • Salary - Excellent
  • +4 more
Dislikes

HR department doesn't respond for refferal, neither they are concerned about attrition rate. If any employee complaints or resign they don't have any self initiative to ask also why employee is leaving because in company salary issue is not the reason. Many are tired stressed of managers, process , no promotions , etc.

Read 38 Specialist reviews

Specialist salary at Marsh McLennan

reported by 426 employees with 2-10 years exp.
₹3.3 L/yr - ₹8.1 L/yr
45% less than the average Specialist Salary in India
View more details

What Marsh McLennan employees are saying about work life

based on 689 employees
65%
95%
68%
97%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Marsh McLennan Benefits

Free Transport
Cafeteria
Team Outings
Soft Skill Training
Health Insurance
Work From Home +6 more
View more benefits

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