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Senior Manager- Policy Administration

From 7 to 10 year(s) of experience

Gurugram

₹ Not Disclosed by Recruiter

Openings: 1Posted: 27 days agoJob Applicants: 138Job Views: 528
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Job Description

Requirements Gathering:

  • Participating in Evaluation of requirements
  • Works closely with stakeholders to understand their objectives and translate these into system specifications that guide development and implementation.
  • Create use cases that illustrate user interactions with the system, ensuring all scenarios are covered.

Analysis and Design

  • Analyze current systems and processes to identify areas for improvement.
  • Assess the impact of proposed changes on existing systems and processes, identifying potential risks and mitigation strategies.
  • Facilitate sessions to validate designs with users, ensuring that their feedback is integrated into the final design.
  • Participate in design review meetings to ensure that solutions align with business needs and architectural standards.
  • Create and maintain comprehensive documentation, including user manuals and training materials.
  • Design new processes that align with business goals, incorporating best practices and compliance requirements
  • Automating workflows ensures that processes run smoothly and consistently, minimizing delays and bottlenecks.

Business Requirement writing & Testing and Quality Assurance:

  • Preparation/Reviewing the BRD and FSD for functionalities to be build
  • BR & CR writing and FSD review
  • Testing of functionalities, test plans and conduct user acceptance testing (UAT management)
  • Develop and execute test plans to validate system functionality against requirements
  • Ensure that solutions meet business needs and validate system functionality.
  • Facilitating cross functional alignment & governance reviews
  • Knowledge transfer - Repository creation and management as per plan
  • Conduct training sessions for end-users on new systems and processes.
  • Provide ongoing support and troubleshooting for system-related issues
  • Establish mechanisms for collecting feedback on system performance and usability post-implementation.
  • Collect feedback post-implementation to identify areas for further enhancement
  • Stay updated on industry trends and best practices to recommend improvements

Adherence to Project calendar

  • Adherence to submission of Ops deliverables as per project calendar.
  • Serve as a liaison between business units and IT, ensuring effective communication and understanding.
  • Product launch requirements handling & go live of the requirements before 3 months of the hit date.
  • Zero defect post production due to incomplete BR
  • Support project managers in planning and executing projects
  • Monitor project progress, ensuring alignment with requirements and timelines.
  • Provide ongoing support and clarification of requirements throughout the project lifecycle

Compliance

  • Strengthen control & compliance of all transactions in POS.
  • Strengthen reporting of BAP submission
  • Identification of key process / product parameters having a financial or customer impact
  • Facilitating deployment of prioritized SIC's
  • Completion of all SOP's - review by all stake holders (IA, Risk, Compliance and Legal)
  • Regulatory reporting on time
  • No major outage in any other audit

Improve Customer & Distributor Experience

  • Analyze NPS to find gaps and drive improvement

People

  • Strengthen people capability and Growth agenda
  • Overall Attrition
  • G2M2 Attrition
  • Pulse/Tower Watson Score
  • Development Plan
  • Develop second line of resource

Cost

Work within the allocated budget, amount saved from last year budget.





Industry: Insurance
Department: BFSI, Investments & Trading
Role Category: Life Insurance
Role: Life Insurance - Other
Employment Type: Full Time, Permanent

Preferred Keyskills

Other Keyskills


Education:UG -Any Graduate

Company Profile

Max Life Insurance
'Max Life Insurance, one of the leading non-bank promoted private life insurers, is a joint venture between Max Financial Services Ltd. and Mitsui Sumitomo Insurance Co. Ltd. Max Financial Services Ltd. is part of the Max Group, which is a leading Indian multi-business corporation, while Mitsui Sumitomo Insurance is a member of the MS&AD Insurance Group, which is amongst the leading insurers in the world.

Max Life Insurance offers comprehensive long term savings, protection and retirement solutions through its high quality agency distribution and multi-channel distribution partners. A financially stable company with a strong track record over the last 20 years, Max Life Insurance offers superior investment expertise. Max Life Insurance has the vision 'To be the most admired life insurance company by securing the financial future of our customers'. The company has a strong customer-centric approach focused on advice-based sales and quality service delivered through its superior human capital.

During the financial year 2018-19, Max Life achieved €˜Gross Written Premium€™ of Rs. 14,575 crore & had sum assured in force of Rs. 7,03,972 Crore. As on 31st March 2019, the Company had Rs. 62,798 crore of AUM & a share capital including reserves & surplus of Rs. 2,767 crore. The Company has nearly 35 lakh customers serviced by its 12,082 employees & 48,522 agent advisors through 269 offices across the country.
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Contact Details

Contact Company:Max Life Insurance

Address :Plot No. 90-C,Sector-18,Urban Estate , GURGAON, Haryana, India

 
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