EXL—Senior Associate - Compliance

Job description

Description: User will be involved in processing producer/Adjuster licensing transactions under limited supervision, performs technical insurance duties which requires special knowledge and/or analytical frame of mind. Regularly exercises independent judgement in interpreting procedures and state regulations. Resolves problems of varying scope and complexity on own initiative Requirements: Bachelor's/Master's in any stream 2-5 years Responsibilities: - Develop an understanding of Insurance – Property & Casualty producer with an emphasis on licensing elements and requirements - Coordinates with a sales / producers and ensures that producers remain licensed in accordance with the client and state regulations and procedure - Translates and interprets state regulations and informs producers of licensing requirements - Establishes and maintains files/database reflecting licensing status - Ensures accuracy of work and reconciles various problems/discrepancies with full responsibility for resolution - Provides internal and external customer service regarding inquires and providing information - Offers recommendation to enhance systems applications, work flow and/or operating procedures - Clear current outstanding items considering procedures and flows documented in Desktop Procedures (DTPs) - Interact with dedicated client resources through e-mails on process related matters - Ensure that assigned targets in accordance with SLA metrics are met - Ensure that quality of transactions is in compliance with predefined parameters laid down by SLA metrics - Provide relevant process reports on a timely basis - Ensure adherence to established attendance schedules i.e. per predefined rosters - Ensure adherence to company policies and procedures