Max Life Insurance Company Limited
Location
Gurgaon | India
Job description
KEY RESPONSIBILITIES
Core responsibilities · Understanding the regulatory requirements regarding UW · Managing Governance related project and driving the closure · Publishing monthly Dashboards to the respective stakeholders · Highlighting the outages and sharing the data post careful assessment and validation with internal audit teams/underwriting team · Working in coordination with the underwriting production managers to improve the overall accuracy in decision making · Preparing and conducting monthly training/meetings updating activities under Governance framework · Assessment and evaluation in end to end closure of cases highlighted under Governance framework (Audit, Quality check etc) · Conduct trainings/case clinics /mentoring basis above observations and findings · Support in internal & external audit activities such as Internal Assurance audit , Legal and compliance ,IRDAI audit & statutory Build strong risk management practices within Underwriting · Develop risk selection guidelines to protect MLI’s benefits and ensure effective mortality experience management. People Management- . Coach and build in-house underwriting capability through a professional and engaged team. . Conduct performance reviews Measures of Success- · Adherence to all regulatory and compliance guidelines · Timely closure of audit observations and outages shared under Governance framework · End to end closure on cases assessed under quality check · Sharing regular case studies and conducting trainings for improvising the quality check score · Monthly dashboards · Solution based action plans · Regular rhythm on touch base with underwriting productions managers · Successful collaboration with stakeholders · Closure of critical projects assigned and ensure closure OTHER RESPONSIBILITIES: Ensure acceptable audit & compliance ratings Contribute to creating a happy workplace Experience of handling team Key Relationships - Internal: Internal Audit , AI works team , Internal Assurance , UW , URMU and IT team Key personal competencies required- Logical thinking and strong people management skills . Creativity with ability to come up with imaginative and innovative solutions to business needs. Strong communication skills (both oral and written) with ability to express ideas clearly and persuasively. Customer focus. Ability to work together with all stakeholders. Qualification and experience- Essential - Post Graduate preferably in Insurance, Medicine or Pharmacy Good technical knowledge of Life and Health At least 12-15 years of related experience; Experience in Risk management is a must. Desired- Experience in project handling Six sigma certified Should be well versed with MS office, Excellent business writing skills and good ability to make effective presentations.Job tags
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