Associate

EXL Talent Acquisition Team; Pune District; On-site; INR 300,000 - 540,000; Full time

Job summary

EXL is seeking a Back-End/Data Entry specialist to manage complex transaction processing within Lloyd's market operations. The role focuses on premium bookings, endorsements, and policy amendments under UK market guidelines.

Ideal candidates have exposure to Lloyd's syndicate operations or insurance back-office processes, with strong attention to detail and compliance. Pune-based, full-time position with growth opportunities within EXL Talent Acquisition Team.

Qualifications

• Graduate in any discipline.
• Experience in Lloyd's Syndicate Operations, Premium Processing, or Insurance Back-office Operations preferred.

Responsibilities

• Process and book premiums accurately in line with Lloyd's market guidelines and company procedures.
• Review and interpret MRC (Market Reform Contract) documents and related insurance documentation.
• Handle endorsement booking and policy amendments with high accuracy.
• Understand and execute activities across the complete UK Insurance Lifecycle, including: New Business, Endorsements, Renewals, Cancellations, Premium Adjustments.
• Ensure compliance with Lloyd's and London Market standards.
• Perform quality checks and assist in resolving processing discrepancies.
• Support audit requirements by providing documentation, explanations, and process clarifications.
• Assist team members with knowledge sharing, process training, and calibration sessions.
• Maintain productivity and quality standards while meeting turnaround time targets.

Skills

Premium

Education

Graduate in any discipline

Job description

• Job Role Back-End/ Data Entry -Complex Transaction Processing
• Experience (In Years) 0-3
• Job Location pune

Job Description

Good to Have Basic Insurance Understanding and Preferred Domain Experience

• Lloyd's of London Syndicate Operations
• London Market Insurance
• UK Commercial Insurance
• Premium Processing and Policy Administration

Responsibilities

Key Responsibilities

• Process and book premiums accurately in line with Lloyd's market guidelines and company procedures.
• Review and interpret MRC (Market Reform Contract) documents and related insurance documentation.
• Handle endorsement booking and policy amendments with high accuracy.
• Understand and execute activities across the complete UK Insurance Lifecycle, including:
  • New Business
  • Endorsements
  • Renewals
  • Cancellations
  • Premium Adjustments
• Ensure compliance with Lloyd's and London Market standards.
• Perform quality checks and assist in resolving processing discrepancies.
• Support audit requirements by providing documentation, explanations, and process clarifications.
• Assist team members with knowledge sharing, process training, and calibration sessions.
• Maintain productivity and quality standards while meeting turnaround time targets.

Qualifications

• Graduate in any discipline.
• Prior experience in Lloyd's Syndicate Operations, Premium Processing, or Insurance Back-office Operations will be preferred.

Required Skills

• Premium

About Us

EXL (NASDAQ: EXLS) is a leading data analytics and digital operations and solutions company. We partner with clients using a data and AI-led approach to reinvent business models, drive better business outcomes and unlock growth with speed. EXL harnesses the power of data, analytics, AI, and deep industry knowledge to transform operations for the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media and retail, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have more than 54,000 employees spanning six continents. For more information, visit www.exlservice.com .