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This position reports to Team Lead, Business Processing (Group Insurance Operations), and the key role is to carry out the daily tasks of the business processing function, perform supervisory function and to innovate the business unit's progression.
The Job
. Issuance of policy contracts and endorsements
. Issuance of policy adjustment, member movement
. Responsible for premiums computation and experience refund
. Ensure tax invoices/endorsement schedules/medical cards are issued timely
. Ensure the accuracy of records entries & proper documentation
. Perform supervisory function and guidance to junior staff for service excellence
. Participate in departmental projects and initiatives, with User Acceptance Testing prior to deployment of changes in system
. Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
. Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
. Highlights any potential concerns /risks and proactively shares best risk management practices.
. Manage escalations and communications with policyholders and intermediaries and third party administrators
. Provide reviews and updates to SOP to incorporate changes from regulations and best practices.
Our Requirements
. At least Degree from recognized institution.
. Preferred at least 5 years relevant experience specializing in Group Insurance administration/business processing.
. Applicant along with experience in supervisory function will be an advantage.
. Good time management, good analytical skills, meticulous and pro-activeness
. A person who is task and results oriented, and a good team player
. Mathematically inclined and with strong communication skills
. Highly proficient in Microsoft Excel. The job requires significant data sorting and manipulation
. Proficient in other Microsoft Office applications
. People motivator who can innovate the business unit
. Independent, able to perform under pressure and unsupervised
. High level of integrity, takes accountability of work and good attitude over teamwork.
. Takes initiative to improve current state of things and adaptable to embrace new changes.
About Great Eastern
Established in 1908, Great Eastern places customers at the heart of everything we do. Our legacy extends beyond our products and services to our culture, which is defined by our core values and how we work. As champions of Integrity, Initiative and Involvement, our core values act as a compass, guiding and inspiring us to embrace the behaviours associated with each value, upholding our promise to our customers - to continue doing our best for them in a sustainable manner.
We work collaboratively with our stakeholders to look for candidates who exhibit or have the potential to embrace our core values and associated behaviours, as these are the key traits that we expect from our employees as they develop their careers with us.
We embrace inclusivity, giving all employees an equal opportunity to shine and play their role in exploring possibilities to deliver innovative insurance solutions.
Since 2018, Great Eastern has been a signatory to the United Nations (UN) Principles of Sustainable Insurance. Our sustainability approach around environmental, social, and governance (ESG) considerations play a key role in every business decision we make. We are committed to being a sustainability-driven company to achieve a low-carbon economy by managing the environmental footprint of our operations and incorporating ESG considerations in our investment portfolios improving people's lives by actively helping customers live healthier, better and longer and drive responsible business practices through material ESG risk management.
To all recruitment agencies: Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.
Date Posted: 30/10/2024
Job ID: 98656273