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91 HDFC Life Jobs

VP- Governance DPPM

12-15 years

₹ 50 - 60L/yr

Mumbai

1 vacancy

VP- Governance DPPM

HDFC Life

posted 6hr ago

Job Description

Role & responsibilities :


1. Head a vertical under DPPM with a team of 20+ and 4 direct reporting leads. 2. Manage the primary compensation policy for intermediaries across Channels, and driving cross functional initiatives to streamline Credit Protect and Group processes. 3. Execute and ensure adherance to Partner commercial agreements as per compliance and regulatory policy. 4. Manage various Audits (Internal, Regulatory, Statutory, Concurrent, etc); draw processes / policies and or its framework compliant to Regulations and or company policies for partner commercials. 3. Lead Governance Council meeting and highlight the key developments. 4. Spearhead Project which is targetted to Insurtech initiative in the for the development of advanced Incentive & Commission Management Systems (ICM) 5. Periodically connect with distribution teams to understand bottlenecks, ground issues and realities, etc. Capture inputs / issues raised by distribution and self troubleshoot or resolve in collaboration with concerned stakeholders. 8. Present updates to Senior Management / CXOs periodically on key projects.


Preferred candidate profile


Strong understanding of Life Insurance business domain and different lines of business • Working knowledge of distribution operations, framework, products, etc • Proficient in Project and Business Process Management • Proficient in application of business tools viz. MS office suite, Qlik, etc. • Strong Analytical skills • Correspondence Etiquettes .

Sales Technolog y • Exposure in various types of Audit and Risk Management procedures





Employment Type: Full Time, Permanent

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Prepare for Vice President roles with real interview advice

Top HDFC Life Vice President Interview Questions

Q1. Types of Insurances, Why insurance is important? What do you mean by shares? What is stock market?
Q2. What do you know about life insurance? How u will deal with customer? Ready a prospect lost
Q3. What do you know about insurance?
View all 173 questions

What people at HDFC Life are saying

1.8
 Rating based on 2 Vice President reviews

Likes

Nothing - there is no freedom, culture is pathetic and very bureaucratic, no scope for growth

Dislikes

Many in the list - there is no scope for growth and to work with freedom

  • Skill development - Bad
  • +4 more
Read 2 Vice President reviews

Vice President salary at HDFC Life

reported by 39 employees with 12-27 years exp.
₹26 L/yr - ₹72 L/yr
At par with the average Vice President Salary in India
View more details

What HDFC Life employees are saying about work life

based on 9.1k employees
53%
80%
59%
99%
Strict timing
Monday to Saturday
Within city
Day Shift
View more insights

HDFC Life Benefits

Submitted by Company
Flexible Work Environment
Health Insurance
Parental Leave
Retirement Benefits
Submitted by Employees
Job Training
Health Insurance
Soft Skill Training
Work From Home
Team Outings
Cafeteria +6 more
View more benefits

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HDFC Life Mumbai Office Locations

View all
Mumbai Office
Headquarter
HDFC Life, 12 & 13th Floor, Lodha Excellus, Apollo Mills Compound, NM Joshi Marg, Mahalaxmi Mumbai
Maharashtra 400011
Mumbai Office
Gala No 1 To 5, Ground Floor, Sgs House, Near, Powai Telephone Exchange, Gandhi Nagar, Vikhroli Mumbai
Maharashtra 400079

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