Xceedance to strengthen the professional workforce in India, with plans to hire 500+ teammates in 2022

Xceedance, a U.S.-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, a statement said.

New teammates will join an insurance-focused, digital-first company led by 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, the statement 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,” said Amit Ranjan, chief administrative officer at Xceedance. “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.”  

“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 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.   

+ posts

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.

What's your take on this post ? Comment: