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228 Axis Max Life Insurance Jobs

Executive - Claims

4-6 years

₹ 1.6 - 5.46L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Gurgaon / Gurugram

1 vacancy

Executive - Claims

Axis Max Life Insurance

posted 18hr ago

Job Description

  • Adjudication of Life, Group Health claims related grievance and litigations.
  • Handling and ensuring compliant Post death benefit process
  • Develop efficient and sustainable operations support processes for Max Life claims.
  • Identifying customer preferences and working towards meeting/ exceeding customer satisfaction.
KEY RESPONSIBILITIES
  • Assessment of life, group health claims related grievance and litigations
  • Understanding the regulatory requirements regarding claims.
  • Checking documentation of claims cases and preparing claims case summaries.
  • Liaise with Legal, CMO, vendors, Doctors, hospitals, police authorities, GO, field operations, agents, other departments for claim re-adjudication
  • Working on claims management system (Uchit) and other applications of Max Life.
  • Post Death Benefit claims
  • Assess Post Death Benefit claims
  • Ensure timely settlement of all post death benefit claims
  • Ensure that all litigations are settled within specified regulatory guidelines and Max Life claims guarantee timelines with acceptable levels of accuracy.
  • Ensure that customer satisfaction scores for claims are within acceptable range.
  • Reporting of regulatory submissions related to the patch.
  • Review and approve payments and repudiations of claims within his/her specified authority limit.
  • Partake in claims production and support related activities
MEASURES OF SUCCESS
  • Accuracy, Quality, Productivity and Timeliness of processing and Approvals
  • Claims Audit Ratings , compliance benchmarks and adherence to process.
  • Customer Transaction assessment scores
JOB REQUIREMENTS
MINIMUM EDUCATION EXPERIENCE-
  • Graduate/Post Graduate with 4 to 6 years of experience in Insurance / Risk / Operations preferably in Claims management and processing
  • Should be well versed with MS office.
  • Added qualifications from Insurance Institute of India, LOMA, ICA etc will be preferred.
KEY PERSONAL COMPETENCIES
  • Creativity Ability to come up with imaginative and innovative solutions to business needs.
  • Strong communication skills Ability to express ideas clearly and persuasively.
  • Planning and Organization Effectiveness in planning and organizing activities of himself and team members.
  • Energy Ability to maintain a high activity level.
  • Inter organization skills Ability to work together with all stakeholders involved; flexibility in taking feedback and modifying approach.

Employment Type: Full Time, Permanent

Read full job description

Axis Max Life Insurance Interview Questions & Tips

Prepare for Axis Max Life Insurance Executive roles with real interview advice

Top Axis Max Life Insurance Executive Interview Questions

Q1. tax slabs and why anyone should buy a insurance policy rather then Invest in FD
Q2. how to motivate other persons to sell a insurance policy.
Q3. Can you handle pressure as there will be lot of pressure?
View all 88 questions

What people at Axis Max Life Insurance are saying

4.0
 Rating based on 40 Executive reviews

Likes

Everything is good in max life

  • Salary - Good
  • +6 more
Dislikes

Nothing Max is a very good organisation for employees

Read 40 Executive reviews

Executive salary at Axis Max Life Insurance

reported by 205 employees
₹1.2 L/yr - ₹5.5 L/yr
29% less than the average Executive Salary in India
View more details

What Axis Max Life Insurance employees are saying about work life

based on 5.4k employees
52%
46%
54%
99%
Flexible timing
Monday to Saturday
Within city
Day Shift
View more insights

Axis Max Life Insurance Benefits

Job Training
Soft Skill Training
Health Insurance
Work From Home
Team Outings
Education Assistance +6 more
View more benefits

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