Xceedance to strengthen the professional workforce in India
Plans to hire 500-plus employees during 2022 as part of its plans to strengthen its capabilities across the insurance sector value chain
Xceedance, a US-based global provider of strategic operations support, technology, and data services to insurance organizations, recently announced plans to hire 500 additional skilled resources in India.
The company currently has a 2,700-member team across the United States, United Kingdom, Liechtenstein, Poland, India, and Australia and the latest addition to its India team is aimed at expanding its capabilities across the insurance sector value chain.
“India is critical for our company’s success, and a key objective is to invest in the country’s diverse technology talent and knowledge workforce. Xceedance offices in India help support our right-shoring approach, delivering superior business value to clients worldwide,” said Amit Ranjan, chief administrative officer at Xceedance.
The new additions to the Xceedance team will add to the insurance-focused, digital-first company an executive team of entrepreneurs and global industry experts. At its core, Xceedance is a growing organization, dedicated to developing accomplished professionals with well-rounded experience across the entire insurance value chain.
With expertise in actuarial services, underwriting, policy management, claims, data sciences, and insurance technology, Xceedance helps to nurture future leaders of the global insurance ecosystem. A provider of insurtech solutions and services, Xceedance has four offices in India and an annual staff growth rate of 30 per cent.
“We seek talented individuals across multiple disciplines and departments, especially those with established insurance experience and backgrounds in varied fields such as technology, data management, statistics, and finance,” Ranjan said.
The company proactively supports career advancement and leadership development, while emphasizing its core company values. As the post-pandemic hybrid work model continues to evolve, the company’s outlook and approach to people management will be even more critical in attracting and retaining professional talent, says a company press statement.
“In marking the ninth anniversary of our company’s founding in India, we appreciate the resilience and dedication of our teams, which directly contribute to positioning Xceedance as a progressive, global provider of services and technology for insurance organisations. The skills and capabilities of a diverse workforce continue to be crucial to the evolution of Xceedance, and to the company’s purpose in service to the insurance industry and our communities. The hiring plans are a step in the right direction for Xceedance and will contribute to accelerated growth over the next 3 to 5 years,” Ranjan added.
