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1094 Tata AIA Life Insurance Jobs

Manager - Corporate Business

8-12 years

Thane

1 vacancy

Manager - Corporate Business

Tata AIA Life Insurance

posted 5mon ago

Job Description

Ensure quality check of departmental processes and identify Financial, Operational, Regulatory, Legal, Market Conduct and Reputation risks associated with in the process.
Drive process efficiencies through automations and alignment of processes with market best practices
Adherence to service levels across various processes
Effective team management

Key Result Areas

Quality Check

  • Work collaboratively with Internal & External Stakeholders for identification of high impact areas (Process, Product, UW guidelines, Regulatory requirements, Reinsurance etc) and design controls as well as exception reports to prevent financial losses/ regulatory breaches.
  • Quality check of departmental process
  • Quality check of Regulatory (BAP and Non-BAP) & Stakeholder reports
  • Manage closure of preventive & corrective actions arising of quality check activity
  • Manage internal & external audit and open points closure

Regulatory and Other Senior Management Reporting

  • Manage Regulatory reporting including Monthly New Business and Renewal Reports, BAP reports, Quarterly Statistics, Public Disclosures, Reinsurance reporting and any other report requested for from time to time
  • Responsible for understanding the internal stakeholder requirement and delivering as per requirement
  • 100% accuracy and timeliness in all reporting

Reconciliations and Controls

  • Establish appropriate controls in existing and / or new processes
  • Monitor the processes at regular frequencies for any gaps, implement appropriate corrective actions and monitor the success

System Enhancements

  • Understand the changes resulting from existing product modifications or refiling or new product launches or regulatory circular
  • Continuously look for opportunities to automate existing processes to ensure seamless business delivery
  • Raising of the requirement with IT and ensuring their timely deployment

Skills Required

Technical
Good command on MS- Excel, MS-Word, MS-Access, MS-Powe Point

Non Technical
Has an in-depth understanding of insurance practices and proposes changes if required as per market dynamics

Behavioral (Refer Appendix for details)
 
Interpersonal skills
Communication skills
Creative thinking skills
Supervising/Leadership skills
Teamwork Skills
Influencing skills
Relationship Building skills
Decision making skills
 
Qualification
Graduation
Certification in Quality Control, Data Analytics
Experience
8+ years experience of Life Insurance preferably Group Operation

Employment Type: Full Time, Permanent

Read full job description

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What people at Tata AIA Life Insurance are saying

What Tata AIA Life Insurance employees are saying about work life

based on 3.1k employees
50%
63%
60%
99%
Flexible timing
Monday to Saturday
Within city
Day Shift
View more insights

Tata AIA Life Insurance Benefits

Submitted by Company
Job Training
Health Insurance
Soft Skill Training
Cafeteria
Submitted by Employees
Job Training
Health Insurance
Soft Skill Training
Work From Home
Team Outings
Free Transport +6 more
View more benefits

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