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Employee


Kotak Life Insurance


Location

Mumbai | India


Job description

JOB DESCRIPTION

POSITION

L3/ L4

DESIGNATION

Manager/ Senior Manager

POSITION GRADE

DEPARTMENT

CPC

SUB DEPARTMENT

Policy Servicing , Revival

REPORTING POSITION

L5

DOTTED LINE REPORTING TO

L5

NO. OF POSITIONS REPORTING IN

1

MANAGEMENT LEVEL

Yes

OBJECTIVE OF THE ROLE

. ETE handling for Revival requests received at PS.

. Analysis of the activity done by the vendor and accordingly process the requests

. Co ordinate with multiple stake holders for processing requests

. Identify gaps in processes and build controls and take up projects

. Prepare MIS and reports

. Audit data preparation and closing the findings

. Managing NPS for PS.

KEY RESPONSIBILITIES

Weightage

Revival TAT

15

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

10

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

15

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

10

Accuracy of Deliverables of the Department - Customer and Financial Transactions

10

Completion of minor task allotted and driving strategies

10

Elimination, automation & outsourcing of activities

10

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

10

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

10

TOTAL

100%

INTERACTIONS

Internal Relations:

1) Accounts team

2) Underwriting team

3) NB team

4) Legal & compliance team

5) Branch operations

External Relations:

1) Vendors

2) Insurance repositories

REQUIRED QUALIFICATION AND SKILLS

Educational Qualifications:

Graduate with an MBA or a post graduate degree

Work Experience:

6 years +

. Candidate from Life Insurance industry having experience in Revival Handling is preferred

Certifications: NA

Other skill set:

. Sound Knowledge of computer and systems

. Data management skill

. Capability of analytical skills

. Good communication skills

. Email skills

DATE

APPROVED BY (HOD)

APPROVED BY (HR)

30/12/2023

Subhamoy Bhatta (L8)


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