V
Lead Associate (36115)
Voya Financial
Bengaluru, Pune, New Delhi
Full-Time
0-3 Years experience
Description
Career Opportunities: Lead Associate (36115)
Requisition ID 36115 - Posted - India
Job Description Print Preview
| Company Overview | About Voya India: Voya India (earlier VFISLK) started out as a joint venture between U.S. financial services company Voya Financial and SLK, a software services company and is head quartered at Bangalore. As of Aug 2023, we are a wholly owned subsidiary of Voya Financial. We are a dynamic technology & business process transformation company that provides world-class technology & business process management services, with an emphasis on quality, speed & optimization driven through automation. We support and deliver innovative solutions to Voya's Retirement, Employee Benefits, and Investment Management businesses. More information about us is available at: https://www.voyaindia.com |
| Role Summary | Provides essential data analysis to enhance tools and information related to company group underwriting objectives. Builds and tests guidelines and performs Quality Assurance (QA) analysis to ensure pricing accuracy and minimize risk of error. Responsible for development / execution of ESL testing requirements to ensure updates function as intended. Develops tools to improve underwriting efficiency / accuracy to enhance business processes. |
| Key Roles & Responsibilities | Review and provide recommendations on Stop Loss underwriting policies / procedures and ensure compliance through executing QA process. Develop informative metrics for Manager in refinement of QA program regarding adherence to risk rules. Provide QA review for assigned underwriters and relevant coaching to close learning gaps to measure the quality of underwriting decisions. In performing reviews Senior Analyst should regularly review guidelines and present to Manager of QA and ESL relevant changes to documented guidelines. • Create methodology and tools for ESL enhancement requirements and the subsequent testing protocols. This will include working cross functionally to recommend business enhancements and with the ESL/ UW team to implement those enhancements. Role will create related tools utilizing Actuarial methodologies that will be used in the testing process to ensure the updates to ESL will result in the changes that are expected. • Develop and analyze Stop Loss Renewal Strategy metrics. Includes being a lead liaison between Actuarial and Underwriting to support 800+ renewal cases annually and working with Sales and Actuarial to assure that the strategy in clearly understood and agreed upon. • Use actuarially sound methodology to ensure that underwriting approaches are consistent with how the rate manual is created. This will result in the business being sold being in alignment with the rate manual and will provide feedback to the Actuarial team on updates to the manual. • • Other duties as assigned |
| 6. EDUCATION & CERTIFICATIONS | |
| Education | Graduate |
| Certifications (if any) | |
| 7. LOCATION & WORK ARRANGEMENT | |
| Work Location | Bangalore/Pune/Delhi |
| If Other, specify city/location | |
| Work Model | Hybrid |
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Requisition ID 36115 - Posted - India
| Company Overview | About Voya India: Voya India (earlier VFISLK) started out as a joint venture between U.S. financial services company Voya Financial and SLK, a software services company and is head quartered at Bangalore. As of Aug 2023, we are a wholly owned subsidiary of Voya Financial. We are a dynamic technology & business process transformation company that provides world-class technology & business process management services, with an emphasis on quality, speed & optimization driven through automation. We support and deliver innovative solutions to Voya's Retirement, Employee Benefits, and Investment Management businesses. More information about us is available at: https://www.voyaindia.com |
| Role Summary | Provides essential data analysis to enhance tools and information related to company group underwriting objectives. Builds and tests guidelines and performs Quality Assurance (QA) analysis to ensure pricing accuracy and minimize risk of error. Responsible for development / execution of ESL testing requirements to ensure updates function as intended. Develops tools to improve underwriting efficiency / accuracy to enhance business processes. |
| Key Roles & Responsibilities | Review and provide recommendations on Stop Loss underwriting policies / procedures and ensure compliance through executing QA process. Develop informative metrics for Manager in refinement of QA program regarding adherence to risk rules. Provide QA review for assigned underwriters and relevant coaching to close learning gaps to measure the quality of underwriting decisions. In performing reviews Senior Analyst should regularly review guidelines and present to Manager of QA and ESL relevant changes to documented guidelines. • Create methodology and tools for ESL enhancement requirements and the subsequent testing protocols. This will include working cross functionally to recommend business enhancements and with the ESL/ UW team to implement those enhancements. Role will create related tools utilizing Actuarial methodologies that will be used in the testing process to ensure the updates to ESL will result in the changes that are expected. • Develop and analyze Stop Loss Renewal Strategy metrics. Includes being a lead liaison between Actuarial and Underwriting to support 800+ renewal cases annually and working with Sales and Actuarial to assure that the strategy in clearly understood and agreed upon. • Use actuarially sound methodology to ensure that underwriting approaches are consistent with how the rate manual is created. This will result in the business being sold being in alignment with the rate manual and will provide feedback to the Actuarial team on updates to the manual. • • Other duties as assigned |
| 6. EDUCATION & CERTIFICATIONS | |
| Education | Graduate |
| Certifications (if any) | |
| 7. LOCATION & WORK ARRANGEMENT | |
| Work Location | Bangalore/Pune/Delhi |
| If Other, specify city/location | |
| Work Model | Hybrid |
Email this job to a friend
: : The job has been sent to
The job has been sent to
| Company Overview | About Voya India: Voya India (earlier VFISLK) started out as a joint venture between U.S. financial services company Voya Financial and SLK, a software services company and is head quartered at Bangalore. As of Aug 2023, we are a wholly owned subsidiary of Voya Financial. We are a dynamic technology & business process transformation company that provides world-class technology & business process management services, with an emphasis on quality, speed & optimization driven through automation. We support and deliver innovative solutions to Voya's Retirement, Employee Benefits, and Investment Management businesses. More information about us is available at: https://www.voyaindia.com |
| Role Summary | Provides essential data analysis to enhance tools and information related to company group underwriting objectives. Builds and tests guidelines and performs Quality Assurance (QA) analysis to ensure pricing accuracy and minimize risk of error. Responsible for development / execution of ESL testing requirements to ensure updates function as intended. Develops tools to improve underwriting efficiency / accuracy to enhance business processes. |
| Key Roles & Responsibilities | Review and provide recommendations on Stop Loss underwriting policies / procedures and ensure compliance through executing QA process. Develop informative metrics for Manager in refinement of QA program regarding adherence to risk rules. Provide QA review for assigned underwriters and relevant coaching to close learning gaps to measure the quality of underwriting decisions. In performing reviews Senior Analyst should regularly review guidelines and present to Manager of QA and ESL relevant changes to documented guidelines. • Create methodology and tools for ESL enhancement requirements and the subsequent testing protocols. This will include working cross functionally to recommend business enhancements and with the ESL/ UW team to implement those enhancements. Role will create related tools utilizing Actuarial methodologies that will be used in the testing process to ensure the updates to ESL will result in the changes that are expected. • Develop and analyze Stop Loss Renewal Strategy metrics. Includes being a lead liaison between Actuarial and Underwriting to support 800+ renewal cases annually and working with Sales and Actuarial to assure that the strategy in clearly understood and agreed upon. • Use actuarially sound methodology to ensure that underwriting approaches are consistent with how the rate manual is created. This will result in the business being sold being in alignment with the rate manual and will provide feedback to the Actuarial team on updates to the manual. • • Other duties as assigned |
| 6. EDUCATION & CERTIFICATIONS | |
| Education | Graduate |
| Certifications (if any) | |
| 7. LOCATION & WORK ARRANGEMENT | |
| Work Location | Bangalore/Pune/Delhi |
| If Other, specify city/location | |
| Work Model | Hybrid |
About Voya Financial
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