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.
A compassionate leader who demonstrates appreciation for diversity in thoughts and approach towards people as well initiatives, eliminates biases to promote meritocracy. A coach who inspires people to excel and sets a culture of high performance.
Collaboration
A boundary-less leader who is capable of identifying & leveraging expertise of team members for superlative outcomes, thus, delivers to the organization’s ask. A leader who addresses challenges with a solution oriented approach to create “win-win” partnerships within & outside teams through inspired cooperation and teamwork.
Customer Obession
A leader who embodies Customer and keeps him at the core of all deliverables. Proactively anticipate customer needs and implement strategies to provide best in class customer experience.
Growth Mindset
An ambitious leader who can sponsor game changing ideas and rally the team to turn them into a reality. A leader who challenges the status quo, takes bold & creative actions to manage complex issues & achieve high impact goals by pushing self and others and raise the bar on performance.
People Leadership
A people’s leader who inspires their teams to stretch themselves and achieve their true potential. A leader who create leaders by coaching, empowering & motivating them to deliver superior business outcomes.
"Max Life Insurance is an Equal Opportunity Employer and promotes inclusion and diversity."
Position
SM/CM – Business Planning
No. of Positions
1
Department
CDO Office
Function
CDO Office
Reporting to
VP – Distribution Program Office
Band
Location
Gurgaon
Direct / Indirect Reportees
KEY RESPONSIBILITIES:
Analysis and in-sighting of current situation (internal and market) to derive relevant trends.
Support decision making by providing detailed and meaningful insights and visibility on business performance on a weekly basis.
Data analytics for management support and decision making through early warning signals/lead indicator reports.
Perform productivity analysis across channels & cohorts to recommend improvement areas.
Evaluate and report actual versus planned outcomes around key strategic bets/business vectors.
Monitor variable compensation design adherence to budgets and efficacy.
Carry out comprehensive and timely business planning projections analysis to share insights with the management.
Conceptualize, design and improve reporting mechanisms / dashboards / Reports along with key stakeholders for Performance Management
Develop analytical capabilities with support functions for assessing contest efficacy within approved Cost and Time Budgets
Perform minimum Performance standards analysis and recommend next steps to the stakeholders.
Support in preparation for Board Meetings, MBR /Distribution meets and other Presentations as per requirement.
Measure of Success
Accuracy of business forecasts
Insights on relevant business levers at channel and zone level
Effectiveness of the sales incentive schemes
Consistency & Timeliness as per schedule for Dashboard publishing
Quality of Dashboards / reports conceptualized under Performance framework.
Work as per Projects/Initiative/Forum timelines.
Coordination and relationship within and outside the function
Minimum/Specific Experience
8 Yrs of relevant experience
MBA / CA / Postgraduate
Strong communication and persuasive skills
Cross – functional exposure
Understanding of IT tools/automation techniques
Preference for candidates with exposure to P&L management
