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2 Mphasis Senior Process Analyst Jobs
Senior Process Analyst
Mphasis
posted 1mon ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
Job Description
Employing Entity: Mrald (Mphasis s dedicated UK Insurance operational services delivery vehicle)
Job Summary -
End to end back office service for Insurance Broking Accounts ( IBA)
Perform credit control
Perform cash and payment reconciliation and system allocation
Perform client and insurer statement reconciliation
Premium and return premium collections - including providing reminders to Broker, Account Executive, Insured, and Insurers
Follow up and query management for unmatched cash, uncollected debt, queries preventing settlement to Brokers, Insureds, Insurers and third parties etc.
Make payments to Clients, Brokers, Insured s, Insurers and third parties including approving payment per the agreed approval process (Bureaux and Non-Bureaux)
Collect funded balances
PPW and PPC payment ownership
Ensure adherence to FCA client money rules
Other tasks as required by the Team lead or Senior Technician
Years of experience needed -
1-4 years of experience in insurance, accounting, or another financial services sector
Technical / Non-Technical Skills:
Relationships:
Team Members:
Regular interaction with Trainee Technicians to review and provide guidance on deliverables
Mentor Trainee Technicians
Others:
Within the company:
Collaborate with stakeholders to identify improvement opportunities and manage expectations
Participate and proactively contribute to new project related initiatives
Outside the company:
Liaise with the Clients, Agents, Retail Brokers, Insurers
Person Specifications:
Education : Graduate/ Post Graduate
Work Qualifications: Insurance or accounting industry qualification is a plus
Experience:
Essential:
Experience in one of these areas: credit control and cash allocation, accounts payable, account reconciliation
Understanding of insurance process
Added advantage but no compulsion:
IBA experience
Certifications Needed: NA
About Mphasis
Employment Type: Full Time, Permanent
Read full job descriptionPrepare for Senior Process Analyst roles with real interview advice
People are getting interviews at Mphasis through
People are getting interviews through
(based on 503 Mphasis interviews)
Job Portal
Campus Placement
Referral
Company Website
Walkin
Recruitment Consultant
35%
18%
12%
7%
6%
4%
18% candidates got the interview through other sources.
High
Confidence
?
High Confidence means the data is based on a large number of responses received from the candidates.
What Senior Process Analyst at Mphasis are saying
Senior Process Analyst salary at Mphasis
reported by
24
employees
with 3-8
years exp.
₹3.1
L/yr - ₹6
L/yr
12%
less
than the average Senior Process Analyst Salary in India
View more details
What Mphasis employees are saying about work life
based on 7.8k employees
Flexible timing
Monday to Friday
No travel
Day Shift
Mphasis Benefits
Submitted by Company
Cafeteria 
Health Insurance Soft Skill Training Job Training
Submitted by Employees
View more benefits 
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Mphasis Pune Office Locations
Pune Office
Mphasis Software & Services India P, No. 33, 2nd Floor, Sakar 10, Sassoon Road, Opp. Jehangir Hospital, Camp, Swargate
Pune
Maharashtra 411001
Maharashtra 411001
Pune Office
Mphasis Limited, Magarpatta, Cybercity, Tower IV, Magarpatta City, Hadapsar
Pune
Maharashtra 411013
Maharashtra 411013
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