Executive - Operations

Date: Apr 12, 2024

Location: Secunderabad, TG, IN

Company: maxlifeins

Career Opportunities

Job Code: IJP/Executive – Ops Executive                 

Position

 

Executive

No. Of Positions

1

Department

 

Operations

Function

Operations –IM/IMF

Reporting to

 

 

Band

5

Location

 

Hyderabad Go3

Last date of submission

 

Key Responsibilities:

 

  • Processing of New Business Queries
  • Discrepancy Management – FOP’s
  • WIP Management
  • Handling Field Ops Queries & Complaints
  • Processing of cheques / cash / credit card
  • Poll Coll and General Suspense Clearance
  • Business Leakage Management
  • Adherence of AML/Compliance
  • Processing of customer request – POS
  • Drive FTR – Discrepancy Management
  • Persistency -13th and 25th Month
  • Customer Retention and Revenue

 

Measure of Success:

 

  • Applied to Paid ratio > 95%
  • Drive FTR and Reduction in discrepancy rate < 3%
  • Resolution of GO actionable with TAT >3 days
  • 40-50 % GO AXN movement on daily basis
  • Reduction of Business Leakage <10%
  • Adhere to the laid down process and guidelines

Timely processing of docs within zero days of receipt

  • Zero Day closure of Money pending cases
  • IM/IMF/Distribution team Query handling and enablement of Partner on UW guidelines
  • Drive 13M Persistency Target >85%
  • Drive 25 Month Persistency Target >89%
  • FLC & E2R Retention>60%,

 

 

 

Desired qualifications and experience:

 

  • Must have a minimum of 2-3 years’ experience of which at least 2 yrs. in customer service / operations / Finance
  1. ELIGIBILITY
  • Candidates who have a performance rating of G2M2 & have completed 12 months in the current role
  • Candidates who have a performance rating of G3M3 & have completed 18 months in the current role

FOR LATERAL MOVEMENT, candidate should have completed atleast 12 months in the current role & have a minimum performance rating of G3M3

Knowledge and skills required:

  • Ability to work in a fast paced environment
  • Strong people skills
  • Good co-ordination skills
  • Data management on Excel should be good
  • Accounting Knowledge
  • Customer Centric

Career Opportunities

Job Code: IJP/Executive – Ops Executive                 

Position

 

Executive

No. Of Positions

1

Department

 

Operations

Function

Operations –IM/IMF

Reporting to

 

 

Band

5

Location

 

Hyderabad Go3

Last date of submission

 

Key Responsibilities:

 

  • Processing of New Business Queries
  • Discrepancy Management – FOP’s
  • WIP Management
  • Handling Field Ops Queries & Complaints
  • Processing of cheques / cash / credit card
  • Poll Coll and General Suspense Clearance
  • Business Leakage Management
  • Adherence of AML/Compliance
  • Processing of customer request – POS
  • Drive FTR – Discrepancy Management
  • Persistency -13th and 25th Month
  • Customer Retention and Revenue

 

Measure of Success:

 

  • Applied to Paid ratio > 95%
  • Drive FTR and Reduction in discrepancy rate < 3%
  • Resolution of GO actionable with TAT >3 days
  • 40-50 % GO AXN movement on daily basis
  • Reduction of Business Leakage <10%
  • Adhere to the laid down process and guidelines

Timely processing of docs within zero days of receipt

  • Zero Day closure of Money pending cases
  • IM/IMF/Distribution team Query handling and enablement of Partner on UW guidelines
  • Drive 13M Persistency Target >85%
  • Drive 25 Month Persistency Target >89%
  • FLC & E2R Retention>60%,

 

 

 

Desired qualifications and experience:

 

  • Must have a minimum of 2-3 years’ experience of which at least 2 yrs. in customer service / operations / Finance
  1. ELIGIBILITY
  • Candidates who have a performance rating of G2M2 & have completed 12 months in the current role
  • Candidates who have a performance rating of G3M3 & have completed 18 months in the current role

FOR LATERAL MOVEMENT, candidate should have completed atleast 12 months in the current role & have a minimum performance rating of G3M3

Knowledge and skills required:

  • Ability to work in a fast paced environment
  • Strong people skills
  • Good co-ordination skills
  • Data management on Excel should be good
  • Accounting Knowledge
  • Customer Centric