Life Annuity Insurance

Cognizant; Hyderabad; On-site; INR 350,000 - 550,000; Full time

Job summary

Cognizant Hyderabad is seeking an experienced professional for Life and Annuity back-office processing within the financial services domain. The candidate should have 2-7 years of experience focusing on annuity insurance and strong MS Office skills.

The role requires meticulous documentation, the ability to multitask, and good communication. Night shifts and onsite work are mandatory, with emphasis on compliance and accurate processing of annuity transactions.

Qualifications

• Bachelor's degree or equivalent work experience.
• Strong MS-Office skills.
• 2-7 years experience in financial services, focused on Life and Annuity Insurance.

Skills

MS Office

Communication

Attention to detail

Multitasking

Annuity knowledge

Life insurance

Back office

Mainframe

Ownership

Research skills

Education

Bachelor's degree or equivalent

Tools

MS Word

Outlook

Mainframe

Job description

Qualification:

• Bachelors degree and equivalent work experience required
• Strong MS-Office skills
• 2-7 years overall experience (within the financial services industry) with a focus on Life and Annuity Insurance preferably Annuity Insurance

Skills:

• Strong interpersonal, verbal, and written communication skills
• Accuracy and attention to detail
• Ability to multitask and adapt to change in a fast paced environment
• Strong domain knowledge of Annuity products and technology platforms
• Broad-based industry and product knowledg
• In depth Knowledge of Life & Annuity Insurance back office transaction processing and have worked in a similar capacity (Policy Admin Services, Disbursement and Claims)
• Willingness to work on night shift
• Must be willing to work onsite
• Strong analytical and research skills to assess and resolve discrepancies.
• Ability to clearly communicate complex information in both verbal and written formats.
• Experience with mainframe computer systems or proficiency in PC applications such as MS Word, Outlook, and other business software.
• High attention to detail with strong organizational skills and accuracy in documentation review.
• In-depth understanding of annuity structures, retirement income strategies, and compliance regulations.
• Previous experience processing annuity Transactions (Replacement, Exchange, Rollover, Transfers, Surrenders, Withdrawals etc)
• Must Have
• Someone who can take ownership of daily activities
• Someone who embraces change, technology enhancements, new capabilitiesm