Chief Manager

3 days ago


gurgaon, India Max Life Insurance Company Limited Full time

JOB SUMMARY:

- Manage Bank relationship and reconciliation process
- Projects and Automation
- Managing Audits, Compliances & Banking Reporting

KEY RESPONSIBILITIES:

Bank Relationship management & Reconciliation

- Engagement with top banks for Industry Benchmarking & Best practices
- Banking agreement management
- Review of all Bank A/c reconciliation & ensure closure of open items

Projects and Automation agenda

Driving Organizational impacting Projects around:

- Insta payouts to Individual & Group Policyholders
- Real time bank integration
- Implementation cross functional Six Sigma Quality Projects
- Cost Savings

Audits, Inspection & Reporting

- Monthly closing & accounting, Quarterly/annual Stat Audit without any observation
- Building adequate checks and controls ensuring no signification observations from Internal Audits conducted around payment processes
- Dealing with IRDA Audits, Compliances & reporting of data, reports etc. with aim to have Nil observation

People Agenda & Stakeholder Management

- Lead consistent engagement with stakeholders including Internal (All department heads & teams, GOs) and External
- Lead the team with high motivation level and enabling interventions to build it to serve the Policyholders and Internal Customers
- Eye for detail ensuring process excellence

SKILLS REQUIRED:

- To work closely and build constructive relationship with stakeholders across the organization
- Innovative and solution mindset to drive high impact cross functional projects
- Ability to work independently and/or with team to deliver on time
- Good process & regulatory knowledge coupled with Industry knowledge around Banking
- Eye for detail to enable process excellence across work profile

MEASURES OF SUCCESS:

- Delivery of TAT as per SLA agreed with cross function teams and internally
- Minimum 2 internal audit ratings with no major observations from statutory auditors
- Internal process assessment rating among top 3 in the company
- Contribution towards Great Place to work
- Feedback from SLT and key stakeholders

DESIRED QUALIFICATION and EXPERIENCE:

- Graduate or post-graduate (MBA Finance) with minimum experience of 10+ years
- Good knowledge on Accounting, Banking Operations, IRDA regulations, relating to the job profile as applicable
- Agility to lead and implement projects involving stakeholders from cross departments in the Organization
- Ability to handle pressure and work in a competitive environment


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