Senior Specialist - Claims Metrics, Analytics and Reporting
Marsh McLennan
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Senior Specialist - Claims Metrics, Analytics and Reporting
Marsh McLennan
Mumbai/Bombay
Not disclosed
Job Details
Job Description
Senior Specialist - Metrics, Analytics & Reporting
Company:
MarshDescription:
Job Title: Senior Specialist - Metrics, Analytics & Reporting (Claims)
We are seeking a talented individual to join our Claims Advocacy team at Marsh. This role will be based in Mumbai. This is a hybrid role that has a requirement of working at least three days a week in the office.
The Knowledge Services team is an essential part of the strategic vision for Claims Advocacy. Based in Mumbai, the Claims Advocacy team comprises skilled claims professionals who provide dedicated support across multiple Lines of Business and collaborate closely with Claims Advocates in the U.S. region. This position is focused on assisting FinPro Claims Advocates in the U.S. Responsibilities include helping clients navigate their claims and managing complex insurance issues. The selected candidate will provide high-quality claims advocacy services tailored to the needs of the U.S. region. This role is based at our Mumbai office located in Hiranandani.
We will count on you to:
- Receive claim notices from US advocates and promptly notify relevant markets through the Operations team.
- Follow up with each market and assigned claim adjuster to ensure timely acknowledgment of claims.
- Conduct proactive reviews of all claims, both new and existing and develop strategic action plans to drive favourable resolutions.
- Verify claims in alignment with policy terms and conditions to ensure accuracy and compliance.
- Maintain professional and timely communication with clients, brokers, and third parties to gather required information and provide updates on the claims process.
- Follow up with carriers to obtain Coverage Position Letters within expected timelines.
- Maintain organized records of carrier file numbers and claim adjuster contacts in mClaim for both primary and excess layers.
- Organize and tabulate defense invoices received from law firms.
- Coordinate with the wider claims team to ensure effective handling, processing, and filing of claims across market and internal systems.
- Prepare impactful PowerPoint presentations for internal and external stakeholders.
- Follow up with insurers for claim payments once approvals are secured to ensure timely financial settlement.
- Conduct research on assigned topics to support claims operations and decision-making.
- Compile Executive Summary Reports (CRT) for leadership and stakeholder review.
- Create and maintain a comprehensive Defense Attorney Database.
- Collaborate with US claims advocates to support the management of complex and high-value claims, providing assistance to ensure efficient and effective resolutions.
- Provide data and analytics support to US claims advocates on high-frequency accounts to identify trends and support strategic decision-making.
What you need to have:
- 5-8 years of experience in the General Insurance domain across different types of claims, claims lifecycle and claim data
- Graduate or masters in commerce or business administration or any equivalent education programme in Insurance domain.
- Should possess sound knowledge of FinPro insurance claims.
- MS Office proficiency (Word, Excel, Outlook, PowerPoint). Strong Excel proficiency.
- Strong verbal and written communication skills - excellent email writing skills.
- Must be comfortable with working on new age data management tools
What makes you stand out?
- Strong persistence and follow-up skills.
- Possession of relevant insurance designations such as AIC (Associate in Claims) or AII (Associate in Insurance) is highly beneficial.
- Knowledge and experience of resolving complex claims across a variety of relevant business lines.
- Proficient in data analytics tools, with a strong ability to derive actionable insights from complex datasets.
- Experienced in working with AI models, leveraging advanced technologies to enhance decision-making processes.
- Proven track record of collaborating with offshore colleagues, fostering teamwork and driving project success across geographical boundaries
Experience Level
Senior LevelJob role
Work location
Mumbai - Hiranandani, India
Department
Banking / Insurance / Financial Services
Role / Category
General Insurance
Employment type
Full Time
Shift
Day Shift
Job requirements
Experience
Min. 5 years
About company
Name
Marsh McLennan
Job posted by Marsh McLennan
Apply on company website