Policy Services Officer - Singapore - Prudential plc

Prudential plc

Verified Company

Singapore

1 week ago

Posted by:

Wei Jie

beBee Recruiter

Description

Prudential's purpose is to help people get the most out of life.

We will deliver our purpose by creating a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners.

We provide a platform for our people to do their best work and make an impact to the business, and in exchange, we support our people's career ambitions.

We pledge to make Prudential a place where you can Connect, Grow and Succeed.

Job Summary

In this role, you will be working on processing Policy Services requests from customers on a day-to-day basis.

You will also work on projects relating to the area of work as well as driving feedback loop to identify process gaps and implementing improvements.

You will report to a Team Lead within Policy Services team and ensure a timely and seamless experience provided to our Financial Consultants and customers.

Job Summary

In this role, you will be working on processing Policy Services requests from customers on a day-to-day basis.

You will also work on projects relating to the area of work as well as driving feedback loop to identify process gaps and implementing improvements.

You will report to a Team Lead within Policy Services team and ensure a timely and seamless experience provided to our Financial Consultants and customers.

Job Description:

Policy Services consists of:

Client level changes change in personal particulars and contact details, update FATCA/CRS, returned mails
Policy level changes change in policy coverage, premium payment mode and method, plan type, free look cancellation, cancellation of policy, fund switch, premium redirection, topup, reinstatement, add or delete rider, policy assignment, policy review, bankruptcy update, HPS exemption

Beneficiary changes

Nomination of beneficiary and Trust

Payout

Annuity/ Maturity/ Surrender/ Withdrawal/ Cashback payout, Survivorship check and CPFIS Profit & Loss

Statements Management

Fund statements, Anniversary statements, bonus statements, Post Sales Quotations, Cashback and Loans

Manage day to day execution of customer's change requests or escalations

Administer customer requests in accordance to guidelines, service standards and quality.
Assess escalations and make independent decision in complaints resolution.
Provide timely support and services to Financial Consultants and customers.
Develop and maintain process standard operating procedures (SOP) and user guides
Approve payments within authority limit.

Drive feedback loop to identify process gaps/opportunities and implementing process improvements

Understand and identify areas in which there are opportunities for better efficiency, effectiveness and customer centricity.
Identify process gaps and train touch point staff in fielding high volume queries from customer to ensure first time resolution to minimize escalations.
Drive discussions with internal stakeholders in aligning and implementing improvement initiatives.
Work with technology team in drafting the business requirements.
Review and sign off UAT test plans and output.
Monitor post implementation progress to ensure smooth transition.

Who we are looking for:
Experience