Job Description

Job Title : Manager - Operations

Position

Deputy Manager

No. Of Positions

3

Department

Operations

Function

Operations - Bancassurance

Reporting to

Manager

Band

4

Location

Delhi

Last date of submission

Key Responsibilities:

1) DRIVING OPERATIONAL EFFICIENCIES & DISTRIBUTION ENAGAGEMENT

• Daily WIP management (governance calls)
• Weekly/Fort-nightly Governance calls/Meetings
• Monthly FWG with Broker and Distribution
• Quality of Business discussions and drive issuance/ leakage/ Persistency/ E2R/ Free-look / Claims at zone/Region & partner level

2) ESCALATION & QUERY MGMT Single point of contact for Broker escalations management (service query / Under writing / claims)

3) TRAINING: Train and educate broker team on the various ops process, underwriting guidelines, new initiatives and address FAQs

4) Inter dept. coordination/structural fixes- IT enhancements/ issues, process gaps, MIS customization, reporting requirements of partner

Measure of Success:

87% M0 issuance and 94% M2 Issuance

• 100% Customer Service and complaint resolution within TAT

• Broker Partner, Customer satisfaction score-top 2 boxes with more than 80%

• Customer retention and reduction in leakage (less than 6 % pre and post)

• Trainings to Broker partners and Distribution team on ops processes and policies

• Meet the renewal / persistency targets

• Meet the Surrender retention targets

• Audit ratings of 2 or above in all internal audits

Desired qualifications and experience:

• A Graduate/MBA
• Experience of 5-8 years plus in operations or customer services in a financial services industry.

Knowledge and skills required:

• Good communication skills
• Customer centric approach
• Process documentation and systems approach
• Previous experience preferably in relationship management and cross functional engagement
• Computer skills in using databases and office management software including spreadsheets/presentation skills.

Job Title : Manager - Operations

Position

Deputy Manager

No. Of Positions

3

Department

Operations

Function

Operations - Bancassurance

Reporting to

Manager

Band

4

Location

Delhi

Last date of submission

Key Responsibilities:

1) DRIVING OPERATIONAL EFFICIENCIES & DISTRIBUTION ENAGAGEMENT

• Daily WIP management (governance calls)
• Weekly/Fort-nightly Governance calls/Meetings
• Monthly FWG with Broker and Distribution
• Quality of Business discussions and drive issuance/ leakage/ Persistency/ E2R/ Free-look / Claims at zone/Region & partner level

2) ESCALATION & QUERY MGMT Single point of contact for Broker escalations management (service query / Under writing / claims)

3) TRAINING: Train and educate broker team on the various ops process, underwriting guidelines, new initiatives and address FAQs

4) Inter dept. coordination/structural fixes- IT enhancements/ issues, process gaps, MIS customization, reporting requirements of partner

Measure of Success:

87% M0 issuance and 94% M2 Issuance

• 100% Customer Service and complaint resolution within TAT

• Broker Partner, Customer satisfaction score-top 2 boxes with more than 80%

• Customer retention and reduction in leakage (less than 6 % pre and post)

• Trainings to Broker partners and Distribution team on ops processes and policies

• Meet the renewal / persistency targets

• Meet the Surrender retention targets

• Audit ratings of 2 or above in all internal audits

Desired qualifications and experience:

• A Graduate/MBA
• Experience of 5-8 years plus in operations or customer services in a financial services industry.

Knowledge and skills required:

• Good communication skills
• Customer centric approach
• Process documentation and systems approach
• Previous experience preferably in relationship management and cross functional engagement
• Computer skills in using databases and office management software including spreadsheets/presentation skills.

Max Life Insurance