Talent.com
No longer accepting applications
Assistant Manager - Insurance Operations

Assistant Manager - Insurance Operations

ConfidentialGurugram, Gurgaon / Gurugram, India
4 days ago
Job description

About Us

JOB DESCRIPTION

SBI Card is a leading pure-play credit card issuer in India, offering a wide range of credit cards to cater to diverse customer needs. We are constantly innovating to meet the evolving financial needs of our customers, empowering them with digital currency for seamless payment experience and indulge in rewarding benefits. At SBI Card, the motto 'Make Life Simple' inspires every initiative, ensuring that customer convenience is at the forefront of all that we do. We are committed to building an environment where people can thrive and create a better future for everyone.

SBI Card is proud to be an equal opportunity & inclusive employer and welcome employees without any discrimination on the grounds of race, colour, gender, religion, creed, disability, sexual orientation, gender identity, marital status, caste etc. SBI Card is committed to fostering an inclusive and diverse workplace where all employees are treated equally with dignity and respect which makes it a promising place to work.

Join us to shape the future of digital payment in India and unlock your full potential.

What's In It For YOU

  • SBI Card truly lives by the work-life balance philosophy. We offer a robust wellness and wellbeing program to support mental and physical health of our employees
  • Admirable work deserves to be rewarded. We have a well curated bouquet of rewards and recognition program for the employees
  • Dynamic, Inclusive and Diverse team culture
  • Gender Neutral Policy
  • Inclusive Health Benefits for all - Medical Insurance, Personal Accidental, Group Term Life Insurance and Annual Health Checkup, Dental and OPD benefits
  • Commitment to the overall development of an employee through comprehensive learning & development framework

Role Purpose

Responsible for all operations related deliverables for insurance and cross-sell vertical

Role Accountability

  • Manage Processing and Issuance of assigned 'Insurance & Cross-sell' new sales - Lead / Call File generation, Premium Debits, Policy Issuance, Dispatch within defined Turn Around Time & Accuracy
  • Manage Processing and Issuance of assigned 'Insurance & Cross-sell' Renewal Sales - Eligible Customer Base, Premium Debits, Policy Issuance, Dispatch within defined Turn Around Time & Accuracy
  • Ensure meeting all Regulatory compliance & guidelines with respect to individual products & sales processes assigned. IRDA, RBI, TRAI etc. norms
  • Maintain and provide all data and requirements to auditors in prescribed format
  • Ensure compliance to all regulatory prescribed processes, guidelines and SLAs by RBI, IRDAI for all respective processes assigned
  • Handle all assigned Quality & Internal Control metrics defined for respective processes - Cancellations, Complaints, Mis-sell, Quality score cards, Fatal error report etc.
  • Provide data analytics support to sales & TM teams
  • Ensure publishing of assigned MIS, Reports & Updates on Sales, Quality, Customer Services & Claim management on defined regular intervals with defined accuracy
  • Maintain all assigned records as per regulatory requirements. Ensure all regulations & guidelines by IRDA, RBI & TRAI is being adhered to in terms on record keeping
  • Manage all assigned customer service queries within defined TAT benchmarks
  • Manage all assigned customer complaints & escalations received from all channels. Doing RCA, liaison with partners for speedy resolution & providing necessary feedback to sales team basis observations / trends
  • Manage all assigned insurance claims related queries. Liaison with insurance partners for claim settlement, communication to customers & maintenance of records
  • Lead vendor and partner management - commission income invoicing, income reconciliation & record keeping
  • Ensure all assigned process are documented and updated in insurance manual
  • Ensure all assigned premium remittances to insurer, vendor payment & recon of all such payments
  • Work with technology and marketing analytics teams to automate reports and processes
  • Ensure process documentation and compliance adherence
  • Measures of Success

  • Achievement of agreed SLAs & targets on all operations parameters
  • No adverse observation in internal, external and regulatory audits
  • Adherence to all customer services metrics
  • Efficiency of insurance premium debits & policy issuance
  • No discrepancy in payment reconciliation & timely premium remittance
  • Process Adherence as per MOU
  • Technical Skills / Experience / Certifications

  • Strong data management, MS excel, SQL skills
  • Report building and management
  • Experience in Automation of processes
  • Experience in Large processing operations
  • Experience in managing SLAs and Turn Around Time for processes
  • Competencies critical to the role

  • Stakeholder Management
  • Teamwork and collaboration
  • Analytical ability
  • High impact Communication
  • Qualification

    Post-graduate or Graduate in any discipline

    Preferred Industry

    BFSI

    Skills Required

    Ms Excel, Sql

    Create a job alert for this search

    Operation Manager • Gurugram, Gurgaon / Gurugram, India

    Related jobs
    • Promoted
    Assistant Manager

    Assistant Manager

    DeloitteDelhi, IN
    India’s impact on the global economy has increased at an exponential rate and Deloitte presents an opportunity to unleash and realise your potential amongst cutting edge leaders, and organizations ...Show moreLast updated: 30+ days ago
    • Promoted
    Assistant Operations Manager- Mobile Repair

    Assistant Operations Manager- Mobile Repair

    Hyrekart Infra India Pvt LtdDelhi, India
    We have an urgent requirement for the position of Assistant Operations Manager – Mobile Repair Operations.Please find below the brief details of the requirement for your sourcing support : .Position : ...Show moreLast updated: 18 days ago
    • Promoted
    • New!
    Assistant Manager Sales Operations

    Assistant Manager Sales Operations

    Interview Kickstartnoida, delhi, in
    Interviews can be hard, especially at top tech companies like Google, Facebook, and Netflix.Many candidates fall short simply because they aren’t adequately prepared. Our acclaimed courses specialis...Show moreLast updated: 18 hours ago
    • Promoted
    Assistant Manager, SDU (US P&C Insurance Operations)

    Assistant Manager, SDU (US P&C Insurance Operations)

    ReSource ProDelhi, India
    Greetings from ReSource Pro!!!.Job Title : Assistant Manager, Service Delivery, India.Department : Service Delivery Unit. Minimum Qualifications : Graduation.Purpose of the Position : In this pivotal ro...Show moreLast updated: 28 days ago
    • Promoted
    Assistant Manager- Assurance- Bangalore

    Assistant Manager- Assurance- Bangalore

    BDO IndiaDelhi, India
    Performing testing procedures including substantive and controls testing, vouching, verification, etc.Provide necessary support to the team manager on Assurance engagement formalities.Handle areas ...Show moreLast updated: 8 days ago
    • Promoted
    Manager - Captive Insurance

    Manager - Captive Insurance

    Selections HR Services Private LimitedDelhi, IN
    Finance & Accounting professional.Lead and manage a large team delivering middle-office services across Accounting, Treasury, Risk & Compliance. Oversee and review management accounts, financial sta...Show moreLast updated: 1 day ago
    • Promoted
    AVP-Specialty Insurance-Finance Operations

    AVP-Specialty Insurance-Finance Operations

    GenpactNoida, Uttar Pradesh, India
    In this role, candidate will be responsible to lead the team of F&A, UWS & Claims resources supporting a large Global Re / Insurance Specialty P&C service provider with presence across UK (London M...Show moreLast updated: 30+ days ago
    • Promoted
    Assistant Manager- Operations

    Assistant Manager- Operations

    Staffing Bench HR SolutionsDelhi, India
    Skills : - Minimum 3+ years of Team Handling experience at Banking or BFSI contact centre.Strong leadership abilities to guide, inspire, and manage a diverse team effectively.Excellent verbal and wr...Show moreLast updated: 13 days ago
    • Promoted
    • New!
    Assistant Manager / Executive – Insurance Operations (Life / Non-Life)

    Assistant Manager / Executive – Insurance Operations (Life / Non-Life)

    Security Insurance BrokersNew Delhi, Delhi, India
    Security Insurance Brokers Pvt.Security Insurance Brokers Pvt.IRDA-licensed brokerage firm offering comprehensive risk and insurance solutions for individuals and corporates.For over two decades, w...Show moreLast updated: 22 hours ago
    • Promoted
    Revenue Assurance Manager

    Revenue Assurance Manager

    Iris Software Inc.Noida, Uttar Pradesh, India
    IRIS a prominent IT company is looking to hire Manager Revenue Assurance Job Description : Title : Manager Revenue Assurance Location : Noida (5days Onsite) Key Responsibilities : Job Brief : Ensu...Show moreLast updated: 19 days ago
    • Promoted
    Associate - Insurance operations [T500-20903]

    Associate - Insurance operations [T500-20903]

    Arch Global Services IndiaDelhi, India
    Arch) is a leading global insurer with operations in more than a dozen countries.We write insurance, reinsurance and mortgage insurance on a worldwide basis, and our customers value us as an innova...Show moreLast updated: 5 days ago
    • Promoted
    Assistant Manager - US Assurance

    Assistant Manager - US Assurance

    Sikich IndiaDelhi, India
    The candidate must have experience in US GAAP general accounting and financial statement review.The candidate will be overseeing and executing financial statement audits, guiding assigned staff in ...Show moreLast updated: 28 days ago
    • Promoted
    • New!
    Assistant Manager

    Assistant Manager

    Prochant IndiaDelhi, India
    Assistant Manager - Operations.Key Responsibilities and Duties : .The Assistant Manager is responsible for several areas that are key to success for the Prochant, an outsourced billing service in the...Show moreLast updated: 17 hours ago
    • Promoted
    • New!
    Assistant Manager- Assurance- NON FS- Mumbai

    Assistant Manager- Assurance- NON FS- Mumbai

    BDO IndiaDelhi, India
    BDO India Services Private Limited is the India member firm of BDO International.BDO India offers strategic, operational, accounting, tax & regulatory advisory and assistance for both domestic and ...Show moreLast updated: 17 hours ago
    • Promoted
    • New!
    Manager - Insurance Trainer

    Manager - Insurance Trainer

    QX Global GroupNoida, Uttar Pradesh, India
    QX Global Group is recognized as a Great Place to Work® and is dedicated to fostering an inclusive and diverse workplace. We are committed to innovation and continuous improvement, driving us toward...Show moreLast updated: 12 hours ago
    • Promoted
    Relationship Manager – Insurance

    Relationship Manager – Insurance

    Moneyfrog Financial Services Pvt. Ltd.Delhi, India
    Relationship Manager – Insurance Location : .Experienced (Minimum 3 Years) Proven experience in acquiring and managing insurance clients across life, health, and general insurance segments.Must be ab...Show moreLast updated: 4 days ago
    • Promoted
    Claims Manager

    Claims Manager

    Anand Rathi Insurance Brokers LtdDelhi, India, India
    The Claims Function in our insurance broking company is designed to facilitate the efficient and accurate processing of insurance claims. This function aims to ensure timely resolution of claims, ma...Show moreLast updated: 1 day ago
    • Promoted
    Senior Manager - Insurance Training

    Senior Manager - Insurance Training

    EXLNoida, Uttar Pradesh, India
    Role description This role is primarily responsible for subject matter expertise on Insurance domain as well as developing and deploying digital (Data and AI in context of Digital Ops) and domain ...Show moreLast updated: 30+ days ago