Assistant Manager - Mortality Control
Date: Apr 18, 2024
Location: Gurugram, HR, IN
Company: maxlifeins
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About Max Life Insurance:
Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Max Financial Services Ltd. is a part of the Max Group, an Indian multi business corporation. Max Life offers comprehensive protection and long-term savings life insurance solutions, through its multichannel distribution including agency and third party distribution partners. Max Life has built its operations over almost two decades through need-based sales process, a customer-centric approach to engagement and service delivery and trained human capital.
As per public disclosures, during the financial year 2019-20, Max Life achieved gross written premium of Rs. 16,184 crore. As on 31st March 2020, the Company had Rs. 68,471 crore of assets under management (AUM) and a Sum Assured in Force of Rs. 913,660 crore.
For more information, please visit the Company's website at www.maxlifeinsurance.com
We Stand for:
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Key Responsibilities: -
1. Manage Risk Investigation for Controlling Mortality and reduction in Crude Death Rate
2. Identify patterns of Sales Malpractices and work with Linkages to facilitate field
3. Will be primary responsible for the coordination and handling of investigation agencies that carry out field verifications on behalf of Max Life.
4. Monitoring and controlling the work done by the Risk verification agencies regularly. Ensure that the quality of the reports submitted by the agency is good. Identify new agencies for conducting verifications.
5. Create effective MIS/ database of all investigations/cases handled
6. Develops fraud investigation and fraud reporting standards and procedures, monitors compliance, and contributes to quality improvements and the improvement of fraud risk management practices and policies.
7. To effectively conduct the regular activities of the UW risk management Unit & minimize fraud losses & carry out effective risk management with Due Diligence. Meet the requirements of Anti-Fraud & Risk management department goals.
Desired qualification and experience
- Graduate/Post Graduate in any discipline preferably in Insurance, Life Sciences, Commerce or medicine.
- 2-4 years’ experience in Life/Health Insurance/TPA/ other Operations preferably in claims management and processing
- Should be well versed with MS office, particularly MS Excel.
Knowledge and skills required:
- High analytical skills
- Strong on core values of Max Life
- Strong communication (verbal and written), interpersonal, and influencing skills.