Insurance Operations Manager

2 weeks ago


Mumbai, Maharashtra, India Kotak Full time
About the Role
Kotak is seeking a highly skilled Insurance Operations Manager to oversee our payout operations, manage teams, and drive automation projects. As a key member of our financial services team, you will play a crucial role in ensuring timely and accurate commission payments, regulatory reporting, and internal audits.

The ideal candidate will have a strong background in insurance and project management skills, with experience in supervising teams and handling ad-hoc requirements. You should be confident in your analytical and conceptual abilities, with excellent communication skills and proficiency in Excel.

We offer a competitive salary range of $120,000 - $180,000 per annum, depending on experience. If you are passionate about delivering high-quality results and driving business growth, we encourage you to apply.

Responsibilities
- Supervise a team of 14 members
- Manage payout cycles for Group, Individual, Medical, Investigators, and Hierarchy mappings/reconciliations
- Handle various ad-hoc requirements from management or other departments
- Ensure commission/payouts are generated and processed accurately and timely
- Manage Regulatory reporting and ensure timely & accurate submissions
- Conduct fortnightly meetings and prepare/tracking actionable items
- Manage Internal, IFC, Statutory audits and ensure timely responses to queries raised

Requirements
- 3+ years of experience in insurance operations or a related field
- Strong project management skills
- Excellent analytical and conceptual abilities
- Proficiency in Excel and strong communication skills

About Kotak
Kotak is a leading financial services company dedicated to providing innovative solutions to our customers. We value teamwork, innovation, and customer satisfaction above all else.

  • Mumbai, Maharashtra, India Anand Rathi Insurance Brokers Ltd Full time

    Anand Rathi Insurance Brokers Ltd is seeking a highly skilled and detail-oriented professional to join our team as an Insurance Endorsement Operations Specialist.The successful candidate will play a critical role in ensuring the accurate and efficient processing of endorsements for Group Medical Coverage (GMC), Group Personal Accident (GPA), and Group Term...


  • Mumbai, Maharashtra, India Impact Guru Technology Ventures Pvt Ltd Full time

    Job DescriptionThe Healthcare Insurance Operations Manager will drive CarePal Group's healthcare insurance operations, managing claims processing, billing verification, and trust and safety protocols. This role demands strong expertise in healthcare insurance operations, fraud prevention, risk management, and regulatory compliance.ResponsibilitiesLead TPA...


  • Mumbai, Maharashtra, India NARDAC Full time

    Job OverviewWe are seeking a highly skilled Insurance Operations Manager to join our team at NARDAC. This is a full-time position that requires a graduate degree in law, economics, business, risk management or a related field.


  • Mumbai, Maharashtra, India Impact Guru Technology Ventures Pvt Ltd Full time

    About the Role:">We are seeking an experienced Healthcare Insurance Operations Manager to lead our trust and safety strategy, overseeing hospital coordination, insurance claim processing, and TPA operations.">Key Responsibilities:">Manage relationships with hospital billing departments to ensure seamless service coordination.Oversight of admission,...


  • Mumbai, Maharashtra, India Shriram Life Insurance Full time

    About Shriram Life Insurance's Leadership TeamWe are a team of experienced professionals dedicated to delivering exceptional results in the life insurance industry. Our leadership team is committed to fostering a collaborative and supportive work environment that encourages innovation, creativity, and growth.Job Description:The Regional Head will report...


  • Mumbai, Maharashtra, India Anand Rathi Insurance Brokers Ltd Full time

    Job DescriptionWe are seeking an experienced Insurance Placement Specialist to join our team at Anand Rathi Insurance Brokers Ltd.About the Role:The successful candidate will be responsible for effectively managing the placement process for insurance policies, analyzing clients' insurance needs, identifying suitable insurance products, negotiating terms with...


  • Mumbai, Maharashtra, India Neo Risk Management & Insurance Brokers Full time

    About Us:Navigate the evolving landscape of risk management with Neo Risk Management & Insurance Brokers, a pioneering firm at the intersection of cutting-edge technology and industry expertise.We empower businesses to thrive in an increasingly complex world by delivering innovative risk advisory solutions. Our team of seasoned professionals collaborates...


  • Mumbai, Maharashtra, India TATA AIG General Insurance Company Limited Full time

    Tata AIG General Insurance Company Limited is a joint venture between Tata Group and American International Group (AIG). Since its inception, the company has grown significantly to emerge as a leading private general insurance company in India with several pioneering firsts to its credit.We are currently seeking Senior/Chief Manager - Legal...


  • Mumbai, Maharashtra, India ManipalCigna Health Insurance Company Ltd Full time

    **Overview of the Role:**The Manipal Cigna Health Insurance Company Ltd. is seeking a highly skilled and experienced Investment Operations Manager to oversee its end-to-end investment operations.**Estimated Salary:** $85,000 per annumKey Responsibilities:Coordinate with the Investment Front Office to ensure timely and accurate transaction processing.Maintain...


  • Mumbai, Maharashtra, India TATA AIG General Insurance Company Limited Full time

    Tata AIG General Insurance Company Limited is a leading provider of insurance solutions in India. We are committed to delivering innovative risk management products and exceptional customer service.As part of our ongoing efforts to build a talented team, we are seeking a highly skilled Senior/Chief Manager - Legal (Litigation/Non-Litigation) to join our...


  • Mumbai, Maharashtra, India Mialtus Insurance Broking Pvt Ltd Full time

    Company Overview">Mialtus Insurance Broking Pvt Ltd is a professional services firm specializing in Insurance Broking and Risk Management Consulting. With our head office in Mumbai, we are committed to providing exceptional services that go beyond contractual obligations. We prioritize building long-lasting relationships with our clients and believe in...


  • Mumbai, Maharashtra, India Anand Rathi Insurance Brokers Ltd Full time

    Job DescriptionWe are seeking a skilled Insurance Placement Manager to join our team at Anand Rathi Insurance Brokers Ltd. As an experienced professional, you will play a crucial role in managing the placement process for insurance policies, ensuring that clients receive the best possible solutions.Key Responsibilities:Analyze clients' insurance needs and...


  • Mumbai, Maharashtra, India Kotak Full time

    Kotak is looking for an experienced Insurance Operations Lead to lead our commission and payout functions. In this role, you will supervise a team of 14 members and manage payout cycles for Group, Individual, Medical, Investigators and manage Hierarchy mappings/reconciliations and Escalation desk.Your responsibilities will include handling various adhoc...


  • Mumbai, Maharashtra, India Neo Risk Management & Insurance Brokers Full time

    About Neo Risk Management & Insurance Brokers: We are an unbiased, innovative risk advisory and insurance broking firm powered by cutting-edge technology.Our team brings an intelligent blend of industry-specific expertise, deep knowledge, and global experience to address diverse business risks.Job Title: Business Development RepresentativeKey...


  • Mumbai, Maharashtra, India Tata AIA Life Insurance Full time

    Job Summary:We are seeking an experienced Project Management Lead to join our team in the Insurance PMO department at Tata AIA Life Insurance. The successful candidate will be responsible for managing day-to-day activities, providing guidance on PMO policies and processes, overseeing project management staff, and collaborating with other department leaders...


  • Mumbai, Maharashtra, India Edme Insurance Brokers Full time

    **About Edme Insurance Brokers**We are a leading insurance brokerage firm specializing in trade credit insurance solutions. Our team is dedicated to providing expert advice and guidance to businesses seeking to mitigate risks associated with trade.**Job Overview**We are currently seeking a skilled Business Development Manager to join our Corporate Sales...


  • Mumbai, Maharashtra, India Coverfox Insurance Broking Pvt Ltd Full time

    About This Opportunity:- We're seeking a highly motivated and experienced Chartered Accountant to join our finance team at Coverfox Insurance Broking Pvt Ltd. As a key member of our team, you'll play a critical role in shaping our financial strategy and driving business growth.- With a strong background in finance and accounting, you'll be responsible for...


  • Mumbai, Maharashtra, India ManipalCigna Health Insurance Company Ltd Full time

    **About Us**ManipalCigna Health Insurance Company Ltd. is a leading provider of comprehensive Health Insurance plans to individuals, employer-employee groups, and non-employer-employee groups, focusing on quality healthcare services and insurance coverage.We offer a range of insurance solutions to meet diverse health needs, with a commitment to providing...


  • Mumbai, Maharashtra, India ManipalCigna Health Insurance Company Ltd Full time

    About the JobThis Corporate Sales Account Manager role involves managing corporate insurance broker sales, building relationships with clients, and promoting health insurance plans to corporate entities. The company, ManipalCigna Health Insurance Company Ltd., offers comprehensive Health Insurance plans to individuals, employer-employee groups, and...


  • Mumbai, Maharashtra, India Anand Rathi Insurance Brokers Ltd Full time

    Job DescriptionAt Anand Rathi Insurance Brokers Ltd, we are seeking a highly skilled Insurance Placement Specialist - Strategic Risk Manager to join our team.About the Role:We are looking for an experienced professional who can effectively manage the placement process for insurance policies, ensuring optimal terms and conditions for our clients. The ideal...