New Business Operations ProcessorFind your next role with Adecco! We are the world\'s leading workforce solutions company, offering Flexible Placement, Permanent Placement, Executive Search, Emiratisation, Outsourcing and Volume Hiring Services Across All Sectors.Adecco is hiring for leading client in UAEJob Title: New Business Operations Processor Job Location : Dubai Job type: 12 Months
Process applications for, changes to, and cancellation of insurance policies.
Examine documents for completeness, accuracy, or conformance to standards
Review data, such as age, date of birth, name, gender, address, and principal sums on insurance applications and verify its accuracy on the policy administration system.
Gather data on insurance policy/-ies of existing customers, including claims history, and record on the new application file.
Screen every client for OFAC, FATCA, and CRS compliance.
Modify, update, and process policy administration system to reflect any change in amount of coverage or type of insurance according to the Underwriter\'s decision, product, and Company guidelines.
Calculate premiums, refunds, commissions on replacement policies, and adjustments using approved insurance rates.
Transcribe data to worksheets and enter data into computer for use in preparing documents and adjusting accounts.
Prepare and gather all physical or digital documents for the dispatch of the policy kit, including but not limited to, the terms and conditions, supplementary contracts, exclusions, endorsements, decision letters, policy receipt, schedule of benefit, marketing flyers, and insurance benefit cards.
Examine the policy kit prior to dispatch, ensuring that the underwriting notes/decision is accurately recorded on the policy administration system.
Verify signatures for financial transactions; that is, prior to activating the policy. Verify that all delivery requirements have been submitted and documented on the case file.
Process, document, and prepare requests for refund of excess payments or of non-productive business
Correspond with Agent/s/IFA Consultant/s/Banca RMs to inform them of application status/outcome, changes, or servicing requests.
Manage the reconciliation of payments with medical service providers and ensure effective process is in place.
Maintain inventory of office forms and sales-related collaterals to ensure business continuity. Ensure that the available product-related forms for distribution are the current, updated versions.
We regret that due to volume of response, we can only contact initial successful applicants. If you have not heard from us within 7 days, then your application has been unsuccessful.About Adecco:The Adecco Group is the world\'s leading talent advisory and solutions company. We proudly make a difference in the working lives of 3.5 million people every year. With a presence in more than 60 countries. very year, our 30,000 colleagues worldwide enable millions of people to succeed in the world of work, and support more than 100,000 organizations with their human capital needs. By applying for this role your details will be submitted to Adecco. Our Candidate Privacy Information Statement explains how we will use your information, kindly visit for more information.