Senior Executive - Branch Operations
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APosition Overview
Position Title | Executive/ Sr. Executive |
Department | Zonal Operations |
Level/ Band | 201 / 251-Executive/Senior Executive |
Role Summary:
.Underwrite cases allotted as per assigned underwriting authority matrix
.Underwrite new business / resolving average of 80 cases per day allocated
.Scrutinize documents for completeness and checksupportings
B Organizational Relationships
Reports to | Regional Processing Centre (RPC) In charge |
Supervises | Individual contributor |
C Job Dimensions
Geographic Area Covered | Underwriting transactions for casesupto15 L for Branches in 1 region at Zone (cluster of 25 - 35 branches) |
Stakeholders Internal | Central Underwriting (technical underwriting) Central Issuance |
External | CAMs unit Customers |
D Key Result Areas
.Underwrite cases allotted as per assigned underwriting authority matrix .Underwrite new business / resolving average of 80 cases per day allocated .Scrutinize documents for completeness and checksupportings .Carry out risk assessment and complete cases / raisependingsif incomplete / for additional information .Liaise with Branch Operations for tracking of cases for underwriting at Zone .Participate in risk mitigation plans, contingency planning, business continuity programs by executing and reporting within defined timelines. Highlight and recommend process gaps, flaws and process changes. |
E Skills Required
Technical | Good Knowledge of MS Office | |
Behavioral | ||
Essential | Desired | |
Interpersonal skills | . | |
Communication skills | . | |
Creative thinking skills | . | |
Supervising/Leadership skills | . | |
Teamwork Skills | . | |
Influencing skills | . | |
Relationship Building skills | . | |
Decision making skills | . |
F Incumbent Characteristics
Essential | Desired | |
Qualification | Graduate in relevant field ( Science / Pharmacy / Medicine / Life Science / Microbiology, etc), Knowledge on risk evaluation tools in Underwriting, Knowledge of basic medical terminologies | |
Experience | 2 - 4 years experience 1 - 2 years in Insurance - similar field, medical setups |
Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life combines Tata's pre-eminent 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 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 is now ranked at no. 5, based on individual weighted new business premium.
Job ID: 152490291
