Insurance-focused technology services company Xceedance has announced that it is planning expansion and will be hiring over 500 employees in its Indian Team.
Amit Ranjan, chief administrative officer at Xceedance said, “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.”
“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,” Amit Ranjan added.
Amit further said, “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 organizations.”
“The skills and capabilities of a diverse workforce continue to be crucial to the evolution of Xceedance, and 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,” he said.
The company currently has a 2,700-member team across the United States, India, and Australia. The company helps insurers launch products, implement intelligent technology, deploy advanced analytics, and achieve business process optimization.
The company’s proficiency extends to underwriting, actuarial services, catastrophe modeling, and exposure management, policy services, claims, BI and reporting, finance and accounting, and application development.
Xceedance has offices in the U.S., the U.K., Germany, Poland, Australia, and India. The company has four offices in India and an annual staff growth rate of 30 percent.