Manager - Process Re-Engineering - Life Insurance (3-6 yrs)

3 weeks ago


Mumbai, Maharashtra, India iimjobs Full time
Manager- Process Re-engineering - Life insurance

Job Purpose :
To act as a project manager for all automation and process improvement projects for Finance & Accounts functions

Key

Responsibilities :

Responsibilities :

  • To participate in walkthroughs and meetings with different stakeholders and capture business requirement
  • To design and execute a test plan to ensure that requirements and specification are implemented properly and meet strategic and operational values
  • To assist technical teams in translating user requirements into line with application functionality into application/system.
  • To prepare indepth BRD/FRD/UR and get signed off by relevant stakeholders
  • To be actively involved in UAT testing, troubleshooting the process postimplementation, application enhancement support
  • To enable brainstorming sessions with the team to provide input on innovative approaches
  • To maintain strict timelines for the completion of projects
  • To understand and resolve issues (internal stakeholders) with processed data/software effectively and efficiently
  • Specific Authorities (Financial & Non Authorized )To approve vendor's records as per Delegation of Authority Matrix

Internal :
(Financial - Authorized ) To provide UAT sign-off based on the test accounting entries for different products.

Key Performance Indicators :

  • Timely completion of projects >95%
  • Process gap identification and analysis of at least 5 opportunities = 100%
  • Implementing identified solutions to facilitate ease of business= 100%
  • To identify automation opportunities to limit manual intervention reduction > 5 opportunities per quarter

Job Requirements :

Qualifications :
MBA (Finance)

Experience : - 8 Years

  • Base skill Understanding of organizational systems, processes, and products
  • MS Suite

Functional Competencies :

  • Insurance/Finance industry knowledgeWell versed in functioning of Life Insurance business
  • Insurance accounting skills & Other basic accounting skills
  • Well versed with accounting entries
  • Financial statements and reporting
  • Handson experience in identifying process gaps and implementing solutions
  • Regulatory knowledge
  • Taxation knowledge
  • Project Management

Behavioral Competencies :
Collaboration

  • Execution Excellence
  • Growth through Differentiation
Salary : 12-20 LPA

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