Back Office Executive

job description for a Back Office profile in Insurance Booking:

Job Title: Back Office Executive - Insurance Booking

Job Summary:

We are seeking a highly organized and detail-oriented individual to join our Back Office team as an Executive in Insurance Booking. The successful candidate will be responsible for providing administrative support to the sales team, ensuring accurate and timely processing of insurance bookings, policy placements, and data updates. The role will also involve working with SAIBA software to manage and maintain accurate records.

Key Responsibilities:

1. Insurance Booking:

- Process insurance bookings in a timely and accurate manner, ensuring all necessary documentation is complete and up-to-date.

- Verify policy details, including coverage, premium, and beneficiary information.

- Ensure compliance with company policies and regulatory requirements.

2. Policy Placement:

- Coordinate with underwriters and sales teams to ensure policies are placed correctly and in a timely manner.

- Review and verify policy documents, including policy terms, conditions, and endorsements.

3. Quote Comparison:

- Compare quotes from different insurance providers to ensure the best option is presented to clients.

- Analyze quote details, including coverage, premium, and exclusions.

4. Data Updation:

- Update and maintain accurate records of insurance policies, including policyholder information, coverage details, and payment schedules.

- Ensure data integrity and compliance with company policies and regulatory requirements.

5. SAIBA Software Entry:

- Accurately enter data into the SAIBA software system, ensuring all necessary fields are completed and up-to-date.

- Manage and maintain accurate records of insurance policies, including policy documents, premium payments, and claims.

6. Administrative Support:

- Provide administrative support to the sales team, including preparing documents, reports, and presentations.

- Respond to customer inquiries and resolve issues in a timely and professional manner.

Requirements:

- 1-2 years of experience in a back office or administrative role, preferably in the insurance industry.

- Strong attention to detail and organizational skills.

- Excellent communication and interpersonal skills.

- Ability to work in a fast-paced environment and meet deadlines.

- Proficient in MS Office, particularly Excel, and experience with insurance software systems (SAIBA or similar).

- Strong analytical and problem-solving skills.

Preferred Qualifications:

- Insurance industry knowledge and experience.

- Certification in insurance or a related field (e.g., LIC, IRDA).

- Experience with data analysis and reporting.

What We Offer:

- Competitive salary and benefits package.

- Opportunities for professional growth and development.

- Collaborative and dynamic work environment.

If you are a motivated and detail-oriented individual with a passion for insurance and administration, we encourage you to apply for this exciting opportunity!Role & responsibilities