Consultant - Risk Consulting- Mumbai

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we don't just focus on who you are now, but who you can become. We believe that it’s your career and ‘It’s yours to build’ which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.

The opportunity : Associate consultant/ Consultant - Risk Consulting- Mumbai
FS :

Finance fuels our lives. Banking, Insurance and Wealth management, create the foundations for growth, prosperity and peace of mind. No other Industry touches so many people or shapes so many lives. 

Amid sweeping regulatory change, today’s financial services institutions are focusing on digital transformation, convergence and disruption from an array of nontraditional competitors — all while meeting greater demands for trust and transparency.

To address this delicate balance of issues, our competent team of business strategists, technologists and industry leaders bring fresh thinking and sector knowledge across banking and capital markets, insurance, and wealth and asset management. The results are seamless collaboration, innovative problem solving, breakthrough performance gains and sustainable value creation.

We recruit, train and nurture a diverse set of people who dedicate their minds to building the future of financial services. Together, we explore new perspectives with innovative and entrepreneurial thinking to deliver exceptional client service and ensure that what we do today, counts for tomorrow.

Summary of Position:

The Premium Account Handler is responsible for providing an efficient and effective Technical Processing service to the business whilst adhering to Regulatory, Risk and Compliance requirements.

Key Responsibilities & Accountabilities:

• Deputise for line / Team manager as and when required.
• Adhere to company and regulatory policies, procedures together with mandatory training requirements.
• Assess incoming processing requests for completeness and take the appropriate actions.
• Complete complex Premium processing requests on Sequel Eclipse Broking accurately and within the Service Level Agreements (SLA’s) agreed with the business.
• Complete IMR Submissions accurately and within the Service Level Agreements (SLA’s) agreed with the business.
• Produce accurate and complete client, market and bureau documentation.
• Process LORS entries.
• Maintain the status of processing requests within the workflow tool.
• Maintain relevant logs within the workflow.
• Liaise with Velonetic, clients, underwriters, business units and Insurance Business Accounts (IBA) to resolve queries.
• File relevant documentation electronically as per the agreed structures and standards.
• Process Written Bordereaux and obtain agreement where required.
• Become a Sequel Eclipse Broking Super User and support users.
• Assist manager in business partnering with the business units serviced, ensuring all risks and issues are documented.
• Creates training plans and conducts training to Junior Handlers and trainees. 
• Assist and guide team members with technical processing issues.  Be the focal point of contact within the team for any technical issues.
• Alert manager of deficiencies and suggest improvements in the team’s processes, procedures and controls.
• Be part of technical forums and contribute towards continuous improvement of end-to-end process
• Good working knowledge of MS Word and Excel.
• Assist with ad-hoc projects as and when required.
• Exhibit behaviours that are consistent with the shared values of the organization
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Skills and attributes

To qualify for the role you must have
Qualification

• Graduate / Bachelors in Commerce / Bachelors in Management Studies / Equivalent

Experience

• • A minimum of 3-5 years in a similar role undertaking (Re)insurance Contract Load and Premium processing.
  • An understanding of (Re)insurance.
  • Knowledge of Sequel Eclipse Broking is advantageous.
  • Good working knowledge of MS Word and advanced working knowledge of Excel (e.g. Pivot tables and complex formulas).

Functional & Behavioural Competencies required:

• Good communication and organisation skills.
• Good technical and industry knowledge.
• Ability to multitask and meet processing SLA’s / project deadlines.
• Ability to build and maintain positive working relationships within and across the Group.

The above list is not exhaustive and the job holder maybe required to carry out other duties at management’s discretion.

What we look for

People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful, and able to sustain positive energy, while being adaptable and creative in their approach.

What we offer

Fuelled by the brilliance of our people, EY has emerged as the strongest brand and the most attractive employer in our field, with market-leading growth over competitors. Our people work side-by-side with market-leading entrepreneurs, game-changers, disruptors, and visionaries. As an organization, we are investing more time, technology, and money than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills, and opportunities.

EY is equally committed to being an inclusive employer, and we strive to achieve the right balance for our people—enabling us to deliver excellent client service while allowing our people to build their careers as well as focus on their wellbeing.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Join us in shaping the future with confidence. Apply Now