Senior Associate

Purpose of the Job

• About the Department:

New Business department is responsible to collect and maintain appropriate documents of the customers. This involves minimizing risk by adhering to essential Anti-Money Laundering (AML) regulations and implementing effective Know Your Customer (KYC) procedures. The department ensures systematic processing of the details provided by the customers.

• Purpose of the Role:

As a Senior Associate, the role includes reviewing issuance applications, auditing the reports within pre-defined TAT. It involves auditing and determining the validity of the exceptional and complex cases.

Role & responsibilities:

• Performing quality checks of applicants and their documents.
• Implementing Anti Money Laundering (AML) guidelines and Know Your Customer (KYC) for verification of the processed applicants.
• Reviewing regulatory guidelines in order to ensure smooth functioning of the departmental process. (National Automated Clearing Funds (NACH), Moral Hazard Questionnaire, etc.)
• To process Scrutiny , Edit and other New business activities

Knowledge, Skills & Abilities:

• Academic Qualification: Graduate/ Post Graduate
• Work Experience: 1 year experience in Insurance Industry.
• Basic knowledge of KYC and AML.
• Awareness of Life-Asia System.

Required Skills:

• Interpersonal skills.
• MS Office (Excel, PowerPoint and etc.)
• Data management.
• Presentation skills.
• Multi-tasking