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3.8

based on 2.8k Reviews

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98 Kotak Mahindara Life Insurance Jobs

Senior Manager

6-11 years

₹ 5 - 8L/yr

Mumbai Suburban, Mumbai

1 vacancy

Senior Manager

Kotak Mahindara Life Insurance

posted 5d ago

Job Description

Title:- Senior Manager

Grade:- L4

Department:- Operations

Sub Department:- Policy Servicing


  • ETE handling for all payouts
  • Vendor management & co-ordination for smooth processing
  • Co ordinate with multiple stake holders for processing requests
  • Identify gaps in processes and build controls and take up projects
  • Audit data preparation and closing the findings

Managing NPS for payouts; driving communication and DC% for payouts.


Key Responsibilities,


1. Maintaining ETE TATs

2. Maintenance of processes as per standard with built-in escalations and ensure periodic audits and response to audit.

3. Identifying pain areas in the current processes & build controls & also take up for system development.

4. Complying with Regulations Laws as applicable, Complying with all internal policies processes as applicable, Complying with accepted best practices.

5. Accuracy of Deliverables of the Department - Customer and Financial Transactions.

6. Completion of minor task allotted and driving strategies.

7. Elimination, automation & outsourcing of activities

8. Risk identification and implement mitigation measures along with driving projects for ETE closure.

9. Monitoring servicing NPS and taking appropriate measures to ensure the NPS score is as per target given.


Educational Qualifications:- Graduate (additional degree is an added advantage)


Work Experience:- 6 Years + (Candidate from Life Insurance industry having experience in payout Handling is preferred)


Other skill set:

  • Sound Knowledge of computer and systems
  • Data management skill
  • Capability of analytical skills
  • Good communication skills
  • Email skills

Employment Type: Full Time, Permanent

Read full job description

Kotak Mahindara Life Insurance Interview Questions & Tips

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What people at Kotak Mahindara Life Insurance are saying

3.5
 Rating based on 137 Senior Manager reviews

Likes

Nothing good to write about.

Dislikes

Can't even count the dislikes. 1. You are never sure that you will get your salary on time. HR can (by mistake) mistakes at time of salary credit. 2. Upper management lies alot. 3. You wont learn anything, if u have ideas of growth and benificial for the company (Forget It) 4. HR is just a word, the people of the department don't kno..Read More

  • Salary - Poor
  • +6 more
Read 137 Senior Manager reviews

Senior Manager salary at Kotak Mahindara Life Insurance

reported by 682 employees with 1-14 years exp.
₹3 L/yr - ₹12.1 L/yr
68% less than the average Senior Manager Salary in India
View more details

What Kotak Mahindara Life Insurance employees are saying about work life

based on 2.8k employees
54%
45%
55%
99%
Flexible timing
Monday to Saturday
Within city
Day Shift
View more insights

Kotak Mahindara Life Insurance Benefits

Submitted by Company
Comprehensive Insurance Coverage
Employee Referral Program
Sabbatical Leave
Long Service Awards
KLAPS
Submitted by Employees
Job Training
Soft Skill Training
Health Insurance
Work From Home
Team Outings
Cafeteria +6 more
View more benefits

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