Transaction Processing Officer

Transctn Procng Offcr

Job Title: Transaction Processing OfficerDesignation: Transaction Processing Officer

Location: Mph-Cybercity Tower 4, Pune, IN

Job Summary:

The Transaction Processing Officer will play a crucial role in managing and executing transaction processing tasks within the insurance domain. This position requires a detail-oriented individual with a strong understanding of insurance processes and regulations. The ideal candidate will ensure accuracy and efficiency in transaction handling while adhering to compliance standards.

Responsibilities:

• Process and manage insurance transactions accurately and efficiently.
• Review and verify transaction documentation to ensure compliance with company policies and regulatory requirements.
• Collaborate with cross-functional teams to resolve transaction-related issues and improve processing workflows.
• Maintain detailed records of transactions and prepare reports for management review.
• Assist in the development and implementation of process improvements to enhance operational efficiency.
• Stay updated on industry trends and changes in insurance regulations to ensure compliance.
• Provide support and training to junior team members as needed.

Mandatory Skills:

• Strong knowledge of the insurance domain, including products, processes, and regulations.
• Proficient in transaction processing and documentation.
• Excellent attention to detail and accuracy in work.
• Strong analytical and problem-solving skills.
• Effective communication skills, both written and verbal.

Preferred Skills:

• Familiarity with insurance software and transaction processing systems.
• Ability to work collaboratively in a team environment.
• Experience in process improvement methodologies.
• Knowledge of data analysis tools and reporting software.

Qualifications:

• Bachelor's degree in Business Administration, Finance, or a related field.
• Relevant certifications in insurance or transaction processing are a plus.
• Strong computer skills, including proficiency in Microsoft Office Suite.

About Mphasis:

Mphasis applies next-generation technology to help enterprises transform businesses globally. Customer centricity is foundational to Mphasis and is reflected in the Mphasis’ Front2Back™ Transformation approach. Front2Back™ uses the exponential power of cloud and cognitive to provide hyper-personalized (C=X2C2TM=1) digital experience to clients and their end customers. Mphasis’ Service Transformation approach helps ‘shrink the core’ through the application of digital technologies across legacy environments within an enterprise, enabling businesses to stay ahead in a changing world. Mphasis’ core reference architectures and tools, speed and innovation with domain expertise and specialization are key to building strong relationships with marquee clients.

Equal Opportunity Employer:

Mphasis is an equal opportunity/affirmative action employer. We provide equal employment opportunities to applicants and existing associates and evaluate qualified candidates without regard to race, gender, national origin, ancestry, age, color, religious creed, marital status, genetic information, sexual orientation, gender identity, gender expression, sex (including pregnancy, breast feeding and related medical conditions), mental or physical disability, medical conditions military and veteran status or any other status or condition protected by applicable federal, state, or local laws, governmental regulations and executive orders. View the EEO in the law poster here, view the EEO in the law supplement here. To view the pay transparency nondiscrimination provision please click here and to view the E-Verify posting click here.
Mphasis is committed to providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of disability to search and apply for a career opportunity, please send an email to accomodationrequest@mphasis.com and let us know your contact information and the nature of your request.