Analyst (Experience) | Lloyds of London | Gurugram

Xceedance; Gurugram District; Hybrid; INR 500,000 - 900,000; Full time

Job summary

Xceedance is seeking a detail-oriented professional with deep knowledge of Lloyds Insurance processes to manage risk placement, submissions, quotes, and premium processing. The role requires a solid understanding of the policy lifecycle and MRC structures, with a focus on accurate calculations of premiums, taxes, and deductions.

Candidate should be a team player with strong written and verbal communication skills and a dedication to meeting client expectations.

Qualifications

• Understand the UK/Lloyds Insurance end-to-end process.
• Thorough understanding of the Lloyds placement process.
• Knowledge of policy lifecycle from submission to premium collection.
• Knowledge of Lloyds Market Reform Contract (MRC) structure and content.
• Knowledge of insurance premium, tax, and deduction calculations.

Responsibilities

• Risk placement.
• Submission, Quote, FON, Bound, Declaration & Endorsement premium processing.
• Work with Bureau, Non-Bureau & Company market.
• Ensure compliance with Lloyds processes and client requirements.

Skills

Lloyds insurance knowledge

End-to-end process understanding

Communication (written & verbal)

Team player

Tools

Eclipse policy admin system

Job description

Job Description:

• Understand the UK/Lloyds Insurance end to end.
  • Risk placement
  • Submission, Quote, FON, Bound, Declaration & Endorsement premium processing
  • Bureau, Non-Bureau & Company market
• Should have sound knowledge of end-to-end Lloyds Insurance placement process
• Should have a thorough understanding of the insurance policy lifecycle, from submission to premium collection.
• Should be well-versed in the content and structure of Lloyds Market Reform Contract (MRC).
• Must have sound knowledge of insurance premium, tax, and deduction calculations.
• Good written and verbal communication, and a team player
• Responsible and dedicated to meet the clients expectations.

Preference:

• Processing Experience on Eclipse policy admin system
• Experience in working with Lloyds Insurance organization

Not Required/Restricted:

• US Insurance Experience
• Claims (US/UK) Experience