Senior Executive, Enterprise Business Operations

Posted 3 Days Ago
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Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
Senior level
Financial Services
The Role
The Senior Executive in Enterprise Business Operations at Prudential is responsible for managing and servicing group insurance policies, ensuring accurate processing of requests, and acting as the primary contact for policyholders. They coordinate with various teams to enhance service delivery and compliance while analyzing data for operational improvements.
Summary Generated by Built In

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

We are looking for a dedicated and detail-oriented Specialist in Policy Servicing for our Group Insurance Business. The ideal candidate will be responsible for managing and servicing group insurance policies, ensuring that all policyholder requests and transactions are processed efficiently and accurately. This role involves working closely with clients, financial consultants, and internal teams to deliver high-quality service, maintain policy records, and address any issues that may arise during the policy lifecycle. You will report to the Team Lead, Enterprise Business Operations.

Policy Servicing:

  • Handle all aspects of policy servicing for packaged group insurance clients, including policy issuance, renewals, endorsements, cancellations, and reinstatements.
  • Process changes to policy terms, coverages, and members information as requested.
  • Ensure all policy documentation is accurate, complete, and in compliance with company standards and regulatory requirements.

Client Support and Communication:

  • Serve as the primary point of contact for packaged group insurance policyholders, addressing inquiries and resolving issues in a timely manner.
  • Provide clear and concise communication regarding policy terms, billing, and coverage details.
  • Facilitate smooth onboarding and enrolment processes for new packaged group insurance clients.

Policy Administration and Record Keeping:

  • Maintain and update policy records in the insurance management system, ensuring data integrity and confidentiality.
  • Generate and distribute policy documents, certificates, and other relevant materials to clients and brokers.
  • Monitor and follow up on outstanding documentation, premium payments, and other policy-related requirements.

Compliance and Quality Assurance:

  • Ensure compliance with all regulatory and company-specific guidelines related to group insurance policy servicing.
  • Assist in developing and implementing process improvements to enhance the efficiency and effectiveness of policy servicing operations.

Collaboration and Coordination:

  • Work closely with underwriting, claims, and sales teams to ensure seamless coordination and service delivery.
  • Provide support in the resolution of complex policy servicing issues, collaborating with other departments as necessary.
  • Participate in cross-functional projects and initiatives to support the growth and development of the group insurance business.

Reporting and Analysis:

  • Prepare regular reports on policy servicing activities, including transaction volumes, service levels, and client feedback.

Analyse data to identify trends, potential issues, and opportunities for process improvement.

 

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.

The Company
HQ: Central, Hong Kong
52,292 Employees
On-site Workplace

What We Do

In Asia and Africa, Prudential has been providing familiar, trusted financial security to people for 100 years. Today, headquartered in Hong Kong and London, we are ranked top three in 12 Asian markets with 18 million customers, around 68,000 average monthly active agents and access to over 27,000 bank branches in the region.

Prudential is focused on opportunities in the most exciting growth markets in Asia and Africa. With access to over 4 billion people in both these regions, we are investing in broadening our presence and building our leadership in the life and asset management markets.

We are committed to making a positive impact on our customers, our employees and our communities by delivering the best savings, health and protection solutions to people so they can get the most out of life. Visit our websites for more information

Prudential plc: https://www.prudentialplc.com/
Prudence Foundation: https://www.prudentialplc.com/en/prudence-foundation

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