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Employee


Kotak Life Insurance


Location

Mumbai | India


Job description

JOB DESCRIPTION

POSITION NAME

Manager / Sr. Manager / Chief Manager - Risk Management

DESIGNATION

Manager / Sr. Manager / Chief Manager

POSITION GRADE

L3/L4/L5

DEPARTMENT

Risk Management

SUB DEPARTMENT

Operational Risk Management

REPORTING POSITION

L7

OBJECTIVE OF THE ROLE

To implement and enforce an appropriate framework for identification, assessment, measurement, and monitoring of operational risks in the Product Set-Up

KEY RESPONSIBILITIES

. Working on various system related projects as required by KLI.

. Helping to set up a framework for checking the benefit and charges calculations in Life Asia for various products of KLI.

. Ensure Product Set-up in System is in line with the Product Specifications and other Product Documents by checking Operational risk event, capturing loss, root cause analysis and reporting

. Working on rectification of system errors and the necessary actions related to it.

INTERACTIONS

Internal Relations: Interacting with multiple internal stakeholders in the Company

External Relations:

Internal Auditors and vendors

REQUIRED QUALIFICATION AND SKILLS

Educational Qualifications:

- Graduate from recognised University (B.sc./ M.Sc./B.E.)

- Preferably pursuing Actuarial Exams

Work Experience:

4 years + relevant experience

Other skill set:

. Proficiency in MS - Office especially in MS- Excel

. Proficiency in business query languages like SQL, Python, VBA and advanced MS-Excel skills to manipulate data, write macro's, etc.

. Experience in Life Insurance Company would be an added advantage

. Good communication skills


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