Policy Servicing - Assistant Manager - Payouts Team - L1 - Mumbai (Intellion Square - HO)
Kotak Life Insurance · India
About The Role
JOB DESCRIPTION OBJECTIVE OF THE ROLE To minimize overall Unclaimed amount of organization by ensuring touch base customers and ensure restriction of fresh cases into unclaimed KEY RESPONSIBILITIES Weightage · Unclaimed data allocation to branch and admin team and drive closures · Analyse and prepare unclaimed data which can be used to drive various strategies to reduce unclaimed – Dept wise, ageing, value wise, and reason wise etc · Publish weekly report to stakeholders with status of clearance / pending along with quick analytics · Clearance of potential unclaimed with help of relevant stakeholders like branch, admin, PS · prepare quarterly reporting data as per accounts requirement and PHPC presentation on unclaimed amount · Ensure Regulatory circulars received as and when and drive special program to reduce overall unclaimed for CPC · Vendor tie up / management · Projects and automations with regards to unclaimed process 20% 30% 20% 20% 10% TOTAL 100% INTERACTIONS Internal Relations: Other departments and internal team members External Relations: Customers / Vendors / Industry participants REQUIRED QUALIFICATION AND SKILLS Educational Qualifications: Graduate Work Experience: 2 years + of experience in Operations / Branch operations / Payouts / Persistency / Program manager etc Certifications: NA Other skill set: · Proficiency in MS Office tools · Analytical & communication skills · Strategic thinking · Self-motivated and ability to drive change by executing & monitoring processes
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