About Company
Mrald is the dedicated UK Insurance operational services delivery arm of Mphasis, a global leader in business and technology transformation. Mphasis helps enterprises stay ahead in the digital era through its innovative Front2Back Transformation and Service Transformation approaches. By integrating next-generation technologies like cloud and cognitive automation, Mphasis empowers organizations to enhance efficiency, drive customer satisfaction, and ensure compliance across industries — especially in the insurance and financial services sectors.
If you’re looking to build a stable and rewarding career in insurance operations, Mrald careers offer you the perfect platform to grow and gain valuable global exposure.
Job Role & Responsibilities
This role involves managing end-to-end back-office services for Insurance Broking Accounts (IBA). As part of Mrald’s financial operations team, you will handle multiple functions related to credit control, reconciliation, and payment processing.
Key Responsibilities:
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Perform credit control, cash allocation, and reconciliation for client and insurer accounts.
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Handle premium and return premium collections, sending reminders to brokers, account executives, and insured clients.
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Manage unmatched cash and query resolution to ensure smooth settlements with clients, brokers, and insurers.
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Process and approve payments to clients and third parties (Bureaux and Non-Bureaux).
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Collect funded balances and oversee PPW and PPC payment ownership.
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Ensure strict compliance with FCA client money rules.
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Provide mentoring and guidance to trainee technicians.
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Collaborate with internal stakeholders to identify process improvements.
This role demands strong attention to detail, analytical skills, and a deep understanding of insurance and financial workflows.
Eligibility Criteria
To apply for Mrald jobs in India, candidates must meet the following requirements:
Education:
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Graduate or Postgraduate degree in any discipline.
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Additional qualifications in insurance or accounting are a plus.
Experience:
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1–4 years of experience in insurance, accounting, or financial services.
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Hands-on experience in credit control, cash allocation, account reconciliation, or accounts payable is essential.
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Prior IBA experience is advantageous but not mandatory.
Skills Required:
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Strong communication and analytical skills.
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Ability to collaborate with internal teams and external stakeholders.
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Understanding of insurance processes and financial controls.
Salary Package
The salary for this role is competitive and aligned with industry standards, depending on the candidate’s experience and skill set. Employees also benefit from Mphasis’s comprehensive career development programs, performance bonuses, and global exposure opportunities.
Selection Process
The Mrald hiring process typically includes the following stages:
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Online Application Screening
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HR Interview / Preliminary Discussion
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Technical or Functional Assessment
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Final Interview with Hiring Manager
Shortlisted candidates will be notified via email.
How to Apply
Interested candidates can apply directly through the official Mphasis careers portal or other authorized job platforms.
👉 Apply Now:
Make sure to upload an updated resume highlighting your experience in insurance operations, credit control, and reconciliation to enhance your selection chances.
FAQs
1. What is Mrald in Mphasis?
Mrald is Mphasis’s specialized delivery arm for UK Insurance operational services, focusing on back-office and financial processing support for insurance clients.
2. Can freshers apply for this Mrald job?
This role is primarily for candidates with 1–4 years of experience in insurance, accounting, or finance. However, fresh graduates with relevant internships or certifications may also be considered.
3. What skills are important for Mrald careers?
Candidates should possess strong reconciliation, communication, and analytical skills, with an understanding of insurance operations and financial systems.
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Conclusion
If you’re searching for Mrald careers or the latest insurance jobs in India, this opportunity offers an excellent platform to grow your career within the Mphasis group, a global leader in technology and business solutions. Don’t miss this chance to work with a reputed organization known for its innovation, integrity, and employee development.
✨ Apply today and take your first step toward a promising future with Mrald (Mphasis)!