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Mphasis Recruitment Drive; Hiring Process Analyst – Apply Now


Process Analyst Job Openings in Pune 2025!!!

Mphasis announced job vacancy for the post of Process Analyst. The place of posting will be at Pune. Candidates who have completed Graduate / Engineering / Post Graduate with Fresher / Experience are eligible to apply. More details about qualifications, job description and roles & responsibilities are as follows

Name of the Company

Mphasis

Required Qualifications

Graduate / Post Graduate

Skills

Insurance Broking Accounts

Category

Operations

Work Type

Onsite

Mphasis is a leading IT solutions provider, offering Applications, Business Process Outsourcing (BPO) and Infrastructure services globally through a combination of technology knowhow, domain and process expertise. The accolades they have been garnering can be attributed to their undeterred focus in delivering quality solutions across verticals that meet the challenging requirements of their esteemed customers. They have been recently felicitated by the economic times as the most distinguished digital company 2015. They have also been ranked 29 of 100 largest financial technology vendors by American Banker and BAI in the FinTech Forward Top 100 rankings.

Θ Positions: Process Analyst

Θ Job Location: Pune

Θ Salary: As Per Company Norms

Θ Job Type: Full Time

Θ Requisition ID: 735343

Roles and Responsibilities:

  • End to end back office service for Insurance Broking Accounts (IBA)
  • Perform credit control
  • Perform cash and payment reconciliation and system allocation
  • Perform client and insurer statement reconciliation
  • Premium and return premium collections – including providing reminders to Broker, Account Executive, Insured, and Insurers
  • Follow up and query management for unmatched cash, uncollected debt, queries preventing settlement to Brokers, Insureds, Insurers and third parties etc.
  • Make payments to Clients, Brokers, Insured’s, Insurers and third parties including approving payment per the agreed approval process (Bureaux and Non-Bureaux)
  • Collect funded balances
  • PPW and PPC payment ownership
  • Ensure adherence to FCA client money rules
  • Other tasks as required by the Team lead or Senior Technician

Required Skills & Qualifications:

  • Graduate/ Post Graduate
  • Work Qualifications: Insurance or accounting industry qualification is a plus
  • Experience in one of these areas: credit control and cash allocation, accounts payable, account reconciliation
  • Understanding of insurance process
  • Added advantage but no compulsion: IBA experience
  • Certifications Needed: NA

 

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