GURUGRAM · FULLTIME
Manager - Policy Administration
Axis Max Life Insurance
Gurugram · onsite · Posted 6d ago
Sourced from
Undisclosed7–12 yrsfulltimeGurugram
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Section · 01
About this role
Job Description
Position
Manager- Policy Administration
Department
Reporting to
Location
Requirements Gathering:
Participating in Evaluation of requirements
Works closely with stakeholders to understand their objectives and translate these into system specifications that guide development and implementation.
Create use cases that illustrate user interactions with the system, ensuring all scenarios are covered.
Analysis and Design
Analyze current systems and processes to identify areas for improvement.
Assess the impact of proposed changes on existing systems and processes, identifying potential risks and mitigation strategies.
Facilitate sessions to validate designs with users, ensuring that their feedback is integrated into the final design.
Participate in design review meetings to ensure that solutions align with business needs and architectural standards.
Create and maintain comprehensive documentation, including user manuals and training materials.
Design new processes that align with business goals, incorporating best practices and compliance requirements
Automating workflows ensures that processes run smoothly and consistently, minimizing delays and bottlenecks.
Business Requirement writing Testing and Quality Assurance:
Preparation/Reviewing the BRD and FSD for functionalities to be build
BR CR writing and FSD review
Testing of functionalities, test plans and conduct user acceptance testing (UAT management)
Develop and execute test plans to validate system functionality against requirements
Ensure that solutions meet business needs and validate system functionality.
Facilitating cross functional alignment governance reviews
Knowledge transfer - Repository creation and management as per plan
Conduct training sessions for end-users on new systems and processes.
Provide ongoing support and troubleshooting for system-related issues
Establish mechanisms for collecting feedback on system performance and usability post-implementation.
Collect feedback post-implementation to identify areas for further enhancement
Stay updated on industry trends and best practices to recommend improvements
Adherence to Project calendar
Adherence to submission of Ops deliverables as per project calendar.
Serve as a liaison between business units and IT, ensuring effective communication and understanding.
Product launch requirements handling go live of the requirements before 3 months of the hit date.
Zero defect post production due to incomplete BR
Support project managers in planning and executing projects
Monitor project progress, ensuring alignment with requirements and timelines.
Provide ongoing support and clarification of requirements throughout the project lifecycle
Compliance
Strengthen control compliance of all transactions in POS.
Strengthen reporting of BAP submission
Identification of key process / product parameters having a financial or customer impact
Facilitating deployment of prioritized SICs
Completion of all SOPs - review by all stake holders (IA, Risk, Compliance and Legal)
Regulatory reporting on time
No major outage in any other audit
Improve Customer Distributor Experience
Analyze NPS to find gaps and drive improvement
People
Strengthen people capability and Growth agenda
Overall Attrition
G2M2 Attrition
Pulse/Tower Watson Score
Development Plan
Develop second line of resource
Cost
Work within the allocated budget, amount saved from last year budget.
Desired qualifications and experience:
Bachelor s degree in Business Administration, Information Technology. Preferably with a professional qualification.
Knowledge of Life Insurance domain also have knowledge on audit compliance guideline, preferred.
Must have knowledge of Ingenium is experience in systems analysis, or a related field .
Must have a minimum of 7- 15 years in Insurance.
Strong analytical and problem-solving skills
Excellent communication skills to work effectively with technical teams and business stakeholders.
Knowledge of software development lifecycle (SDLC) and agile methodologies is a plus.
FOR LATERAL MOVEMENT,
Candidates who have a performance rating of G2V2 have completed 12 months in the current role
Candidates who have a performance rating of G3V3 have completed 18 months in the current role
Disclaimer: This job posting and Location has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
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Section · 02
Skills
distributorAgileInsurance DomainPoSAutomatingPost productionpolicy administrationIngeniumNPSdeploymentCommunication SkillsoperationsAdministrationLegalInformation Technologycompliance
Section · Company
About Axis Max Life Insurance
Axis Max Life Insurance
Insurance
24.9k+
employees
2000
26 years old
Gurgaon/Gurugram, Haryana
India
About
Axis Max Life Insurance, a leading life insurance company in India, offers a range of life insurance plans and policies to ensure Lifetime Protection.
Industries
Insurance
Employee ratings
7,213 reviews
4.0/ 5
Culture
3.9
Career growth
3.7
Work-life
3.9
Employees rate it well for
Work Culture730Salary399Work Environment380Work Life Balance337Senior Management327
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