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Tata AIA Life Insurance

Officer - Digital Support

1-3 Years
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Job Description

Position Title:

Officer- Digital Support Team

Department:

Digital Support Team

Level / Band:

101

Role Summary:

Role involves verifying and managing quality and compliance guidelines as per the agreed process. Looking for end-to-end solution and managing the queries from cross-functional teams.

B Organizational Relationships

Reports to:

Manager

Supervises:

Team / Vendor

C Job Dimensions

Geographic Area Covered:

National

Stakeholders Internal:

Audit & Compliance, NB Team, Customer Service, Business Conservation, Internal Sales, U/W, Compliance

External:

Outsource Vendors

D Key Result Areas

  • Quality Check
  • Monitoring QC and generating new ideas for improving the scores.
  • Engagement with Vendor team to improve the accuracy of the process.
  • Ensure high accuracy rates in Application Transaction processing.
  • Ensure Calibration activity with Vendor team.
  • Weekly/Fortnightly review with the Vendor team on QC scores and document the MOM.
  • Training the team to improve the above KPI.
  • SOP Adherence, Audit & Compliance
  • Ensure all activities of the department are as per regulatory guidelines and SOPs, with no adverse audit findings from Regulators or Auditors.
  • Ensure that all Management Responses to audit observations are submitted to Control Assurance / Auditors on time.
  • Ensure SOP review from time to time to reflect recent process changes/additions.
  • Key Reports and Responsibilities
  • Timely response to queries from Compliance/Customer Service or other departments.
  • Adherence to the Job Assignment schedule at BAU.
  • Deep dive to identify the issue and provide a solution to fix it.
  • Plan to improve the accuracy.

E Skills Required

Technical

  • Advanced Excel knowledge.

Behavioral

  • Level 1:
  • Interpersonal skills
  • Communication skills
  • Creative thinking skills
  • Level 2:
  • Supervising/Leadership skills
  • Teamwork skills
  • Influencing skills
  • Level 3:
  • Relationship building skills
  • Decision-making skills

Incumbent Characteristics

Essential

  • Graduate, with knowledge of advanced Excel.

Desired

  • Graduate/Post graduation.

Experience

  • 1–2 years of experience in working in Insurance Operations.

More Info

Job Type:
Industry:
Function:
Employment Type:
Open to candidates from:
Indian

About Company

Tata AIA Life Insurance Company Limited (Tata AIA Life Insurance) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life Insurance combines Tata’s preeminent leadership position in India and AIA’s presence as the largest, independent listed pan-Asian life insurance group in the world, spanning 18 markets in the Asia Pacific region. Tata AIA Life Insurance is one of the leading insurers in the country, and offers plans in multiple life insurance segments such as protection plans, wealth plans, child plans, savings plans, group plans, and micro-insurance plans, among others. Tata AIA Life Insurance has written retail new business weighted premium of Rs. 2,692 crore for the financial year 2019-20. For the same period, the 13th month persistency of the company was at 89.10%, and the individual death claims settlement ratio was 99.06%. One of the fastest growing companies in the Life Insurance sector, Tata AIA Life Insurance is now ranked at no. 5 based on individual weighted new business premium (IWNBP).

Job ID: 111114669

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