Trainee, Advisor, Advisor

3 weeks ago


Mumbai, India VARITE INDIA PRIVATE LIMITED Full time

Description:
Location: Mumbai

Job Position Summary:

- To effectively carry out Quality reviews for the process / team as per the scope to identify quality / training gaps in the teams and help develop / enhance process materials and trainings to achieve optimum quality performance.

Primary Responsibilities:

- Develop sound understanding of the Reinsurance business and knowledge of auditing procedures, the full transactional process, and role interfaces / dependencies within the own business unit and related functions
- Complete File Reviews as per Turn Around Time prescribed by the Business Unit
- Perform high standards of Quality reviews and analysis on Placing / Analytics / Claims / Pro Rata files based on Regulatory Requirements, Client Excellence Model and Standard Practices and Procedures
- Operate within the guidelines of internal and external regulators
- Manage internal queries, escalating where appropriate within defined timescales and following the documented protocols
- Manage auditing processes and timescales in accordance with agreed procedures
- Liaise with the Compliance Team and / or Information Security team to discuss / report incidents that do not meet the compliance requirements on a timely basis
- Be competent user of internal auditing systems along with Microsoft office, Excel/Word, MS Outlook
- Effectively utilise communication skills and technical knowledge during negotiation of challenging and difficult issues with colleagues / teams
- Actively participate in evaluator exercises / team huddles and contribute towards reducing variance
- Ensure Quality MI is regularly updated with any necessary changes so that data is made available to the operations management as per agreed timelines

Desired skills and competencies:

- Skills:

- Ability to work under pressure to tight timelines and without direct supervision.
- Team player with good interpersonal and influencing skills
- Possesses a keen eye for details.
- Excellent analytical problem-solving skills.
- Strong communication skills, both orally and in writing.
- Commercial awareness - a commercial and pragmatic approach to managing compliance.
- IT literate - knowledge of Microsoft office packages needed.
- Knowledge:

- Good working knowledge of the Microsoft office, particularly Excel & PowerPoint
- Relevant Insurance / Reinsurance industry experience as a minimum according to the role

Qualifications: Bachelor, Master


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