Analyst - Policy Management

AXA XL; Bengaluru; On-site; INR 7,00,000 - 9,00,000; Full time

Job summary

A global insurance leader in Bengaluru is seeking an Analyst, Policy Management to oversee the policy lifecycle, conduct screenings, and manage documentation. Candidates should possess a university postgraduate degree and relevant work experience in the insurance sector. Strong organizational skills and a customer-service focus are essential. The role offers diverse responsibilities and opportunities for collaboration across departments.

Qualifications

• Relevant years of work experience in a similar role.
• Experience in insurance, P&C is preferred.
• Fluency in English, both verbal and written.

Responsibilities

• Serve as the primary policy administrator for AXA XL underwriters.
• Conduct name clearance and sanctions screening.
• Manage bookings and process premium bookings.
• Prepare and issue policy documents.
• Drive renewals as per underwriting guidance.

Skills

Organized

Customer-service focus

Ability to follow processes

Methodical

Education

University postgraduate degree

Job description

Overview

Analyst, Policy Management
Bengalulru, Karnataka, India

AXA XL is seeking talented individuals to support our business across all product lines and geographies. This dynamic, global opportunity involves collaborating with Underwriting Assistants/Underwriters based in producing offices across multiple locations. As an analyst, the individual would be involved in processing policy bookings, issuance of policy documents and endorsements.

Responsibilities

• Serve as the primary policy administrator to AXA XL underwriters and Middle Office, own the end-to-end policy lifecycle with precision and timeliness.
• Conduct name clearance and sanctions screening: screen insureds/counterparties, investigate matches, escalate to Compliance as needed, and document actions for audit readiness.
• Interpret instructions issued by producing office UAs, handle rejections and close relevant cases, communicating with UAs and MO to help resolve queries.
• Manage bookings as per good local standard - process premium bookings basis instructions, update local deductions and taxes, validate update Reinsurance policies.
• Prepare draft and issue policy documents (certificates, policies, schedules, endorsements, cover letters, invoices) with regulatory compliance and adherence to SLAs.
• Process mid-term endorsements: validate changes (coverage, limits, named insured, retroactivity), adjust premiums/terms, issue endorsements, and synchronize all systems.
• Drive renewals per underwriting guidance; prepare terms, decide renew/decline, and communicate outcomes to stakeholders.
• Ensure data integrity across policy administration systems through standardized data intake procedures, operational reconciliation workflows, and well-organized procedures for managing changes.
• Ensure privacy and internal control compliance; support audits and regulatory reporting.
• Collaborate cross-functionally (Underwriting, Claims, Middle Office, Credit Control, CAT Modelling, IT) to optimize processes; document SOPs and drive system enhancements.

You will report to Assistant Manager.

You Will Bring

We’re looking for someone who has these abilities and skills:

Required Skills And Abilities

• University post graduate with relevant years of work experience.
• Experience in insurance, P&C is preferred.
• Ability to follow defined processes and procedures.
• Organized, methodical, ability to perform multiple tasks.
• Compelling customer-service focus.

Desired Skills And Abilities

• Ability to prioritize workload.
• Persuasive communication skills, both verbal and written; fluent in English.
• Ability to communicate results and technical issues in a professional manner.
• Influential collaborative skills; ability to work effectively in a team environment.

About AXA XL

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it. By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, we are empowered to deliver top client service across all our lines of business — property, casualty, professional, financial lines and specialty. We partner with those who move the world forward. Learn more at axaxl.com.

Inclusion And Diversity

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. We have a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It’s about helping one another — and our business — to move forward.

• Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
• Robust support for Flexible Working Arrangements
• Enhanced family-friendly leave benefits
• Named to the Diversity Best Practices Index
• Signatory to the UK Women in Finance Charter

Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do. We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars

• Valuing nature: We’re committed to protecting and restoring nature by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
• Addressing climate change: We are building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
• Integrating ESG: Incorporating ESG considerations into internal processes and practices builds resilience across the business.
• AXA Hearts in Action: Volunteering and charitable giving programs, including Matching Gifts, Volunteering Leave, and Global Day of Giving.

For more information, please see axaxl.com/sustainability.