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4.1

based on 5k Reviews

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282 Max Life Insurance Jobs

Deputy Manager - Operations

5-8 years

Chennai

1 vacancy

Deputy Manager - Operations

Max Life Insurance

posted 1mon ago

Job Description

  • Daily WIP management (governance calls)
  • Weekly/Fort-nightly Governance calls/Meetings
  • Monthly FWG with Bank and Distribution
  • Quality of Business discussions and drive issuance/ leakage/ Persistency/ E2R/ Free-look / Claims at zone/cluster level
2) ESCALATION QUERY MGMT S ingle point of contact for Broker escalations management (service query / Under writing / claims)
3) TRAINING Train and educate broker team on the various ops process, underwriting guidelines, new initiatives and address FAQs
4) Inter dept. coordination/structural fixes - IT enhancements/ issues, process gaps, MIS customization, reporting requirements of partner
Measure of Success
  • >87% M0 issuance and 94% M2 Issuance
  • 100% Customer Service and complaint resolution within TAT
  • Bank Partner, Customer satisfaction score-top 2 boxes with more than 80%
  • Customer retention and reduction in leakage (less than 6 % pre and post)
  • Trainings to MLI Distribution team on ops processes and policies
  • Meet the renewal / persistency targets
  • Meet the Surrender retention targets
  • Audit ratings of 2 or above in all internal audits
Desired qualifications and experience
  • A Graduate/MBA
  • Experience of 5-8 years plus in operations or customer services in a financial services industry.
Knowledge and skills required
  • Good communication skills
  • Customer centric approach
  • Process documentation and systems approach
  • Previous experience preferably in relationship management and cross functional engagement
  • Computer skills in using databases and office management software including spreadsheets/presentation skills.
  • including spreadsheets/presentation skills.

Employment Type: Full Time, Permanent

Read full job description

Prepare for Deputy Manager Operations roles with real interview advice

People are getting interviews at Max Life Insurance through

(based on 193 Max Life Insurance interviews)
Job Portal
Referral
Walkin
Recruitment Consultant
Company Website
Campus Placement
31%
25%
9%
5%
3%
2%
25% candidates got the interview through other sources.
High Confidence
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High Confidence means the data is based on a large number of responses received from the candidates.

What people at Max Life Insurance are saying

4.5
 Rating based on 11 Deputy Manager Operations reviews

Likes

Work life balance, collaboration

Dislikes

Compensation is not so great, favouritism is there

Read 11 reviews

Deputy Manager Operations salary at Max Life Insurance

reported by 42 employees with 6-17 years exp.
₹3.8 L/yr - ₹8 L/yr
37% less than the average Deputy Manager Operations Salary in India
View more details

What Max Life Insurance employees are saying about work life

based on 5k employees
52%
46%
54%
99%
Flexible timing
Monday to Saturday
Within city
Day Shift
View more insights

Max Life Insurance Benefits

Job Training
Soft Skill Training
Health Insurance
Work From Home
Team Outings
Education Assistance +6 more
View more benefits

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