Current Openings

Position Title : Assistant Manager Products

Department : Marketing

Locations : Mumbai

Candidate Requirement

  • Candidate who is currently a part of Product team in Life Insurance Company.
  • Candidate having knowledge of product development process in his company firm & should have Knowledge on regulatory guidelines related to products developed.
  • 2+ years of relevant Experience,
  • Bachelor’s degree essential + MBA desirable

Key Responsibilities:

  • Assistance in development of product strategy & calendar  and other strategic initiatives driven by the product team
  • Development and management of individual products
  • Project management and adherence to product development processes.
  • Product communication and support.
Apply Now

Position Title : Manager Financial Accounting & Reporting

Department : Finance

Locations : Mumbai

Candidate Requirement

Qualification:

  • Qualified Chartered Accountant, Certification in Ind AS/ IFRS.

Experience:

  • Post qualification experience in Insurance Company / Consulting Company.

Key Responsibilities:

  • Review to ensure accounting of expenses including provisions in the appropriate general ledger, department and location level.
  • Prepare OPEX report on a monthly basis and review the general ledgers for expense variance.
  • Carry out allocation of operating expenses across business segments in line with the board approved policy
  • Prepare and maintain financial statements, various schedules to financial statements and reports.
  • Review the FA register, procedure relating to assets capitalization, sale, disposal or retirement etc, Run Depreciation charge accounting, Capital Work in Progress and Advances for capital items.  Ensuring physical verification by the respective functions and closure of discrepancies.
  • Compilation and reporting of Related Party transactions with proper documentation.
  • Submission of BAP returns - quarterly and yearly and complete the BAP return audit.
  • Review of compliance checklist with Compliance, Support for Ind AS implementation.
Apply Now

Position Title : Manager - Pricing

Department : Actuarial

Locations : Mumbai

Candidate Requirement

  • Candidate should have cleared 10 to 11 papers
  • 7 to 8 years of relevant experience in actuarial domain is must preferably in pricing
  • Team handling experience is preferred

Key Responsibilities:

Within the Actuarial Function, the candidate will be a part of pricing team and will be responsible for:

  • Assisting and/or reviewing the  excel models for pricing the product
  • Responsible for accuracy of premium rates & related numbers
  • Planning the pricing related works and ensuring timely completion and submission to regulator
  • Checking & reviewing filing documents and ensuring correctness
  • Timely response to regulatory queries & getting product approvals

Knowledge & Skills:

  • Knowledge of extant IRDA Regulations, including product regulations
  • Sound knowledge of actuarial pricing techniques
  • Good technical knowledge and communication skills
  • Any actuarial software knowledge is added advantage
  • Ability to handle a team
Apply Now

Position Title : Manager – IT Projects

Department : Operations

Locations : Mumbai

Candidate Requirement

  • B.E, B. Tech, BCA, Other professional qualification MBA, MCS, MCA; Other equivalent certifications PMP Certification
  • Minimum 7 years of experience

Key Responsibilities:

  • The incumbent is expected to manage work related to Life Insurance / Group insurance core system, Business Process Management for individual insurance process, Oracle Applications.
  • Fair understanding of Life Insurance processes.
  • Good understanding of data bases (Oracle/SQL Server).
  • Knowledge of programming languages and Architectures (JAVA, J2EE, EJB, ASP/.NET).
  • Good understanding of application and web servers required.
  • Project Management in BFSI.
  • Experience in life insurance required, Good networking skills & managing in-house and outsourced projects. Should have worked in end user environment.
Apply Now

Position Title : Bank Relationship Manager

Department : Group Business,Bank and Broker relationships and Business Development

Locations : Mumbai

Candidate Requirement

  • Any graduate with minimum 4 years of experience in Relationship Management with Bank.

Key Responsibilities:

  • Design and execution of contest for Bank staff within allocated budgets
  • Business Analysis:  through providing timely MIS/ analytical reports,  identifying key business levers, highlighting opportunities & concerns to relevant stakeholders
  • Execution of bank and internal sales projects  relating to staff/branch participation, productivity, consistency, branch segmentation & renewals
  • Coordination of  SP certification process with the bank and facilitate HO team to execute the same
  • Providing support to  Sales teams for achievement of Fee Income
  • Knowledge of Advance Excel and Macros

 

CTC: 7 LPA

Location: Mumbai

Apply Now

Position Title : AVP - IT

Department : Operations

Locations : Mumbai

Candidate Requirement

  • B.E, B. Tech or other technical qualification
  • MBA, MCS, MCA; Other equivalent certifications may also qualify
  • Professional Qualification (Desirable but not necessary) PMP Certification
  • Project Management in BFSI: 6-12 yrs, Total 10-15 years experience.
  • 3-4 years experience in life insurance is preferable

Key Responsibilities:

  • To manage the delivery of changes and production support activities for the Core Life Admin and related Applications within the organization

The position is responsible for

  • Productivity Monitoring
  • Project/Programme Management
  • Development Support
  • Team Building
  • Efficiency Ratio for Systems
  • Managing Risk/Compliance/Audit
  • Process improvement and adherence

Technical Expertise

  • Fair understanding of Life Insurance applications and processes
  • Good understanding of data bases (Oracle/SQL/DB2)
  • Knowledge of programming languages and Architectures (JAVA, J2EE, EJB, ASP/.NET)
  • Good understanding of application and web servers required

Non- Technical Expertise

  • Should have experience in managing IT projects outsourced to IT companies.
  • Should have worked in end user environment

 

CTC: 25 LPA

Location: Mumbai

Apply Now

Position Title : Manager – Accounting & Financial Reporting

Department : Finance

Locations : Mumbai

Candidate Requirement

  • CA Qualified with 4 years of post qualification experience in Insurance Industry

Key Responsibilities:

  • Review to ensure accounting of expenses including provisions in the appropriate general ledger, department and location level.
  • Prepare OPEX report on a monthly basis and review the general ledgers for expense variance.
  • Carry out allocation of operating expenses across business segments in line with the board approved policy
  • Prepare and maintain financial statements, various schedules to financial statements and reports.
  • Review the FA register, procedure relating to assets capitalization, sale, disposal or retirement etc, Run Depreciation charge accounting, Capital Work in Progress and Advances for capital items.  Ensuring physical verification by the respective functions and closure of discrepancies.
  • Compilation and reporting of Related Party transactions with proper documentation
  • Submission of BAP returns -  quarterly and yearly  and  complete the BAP return audit
  • Review of compliance checklist with Compliance, Support for Ind AS implementation

 

CTC: 8 Lacs

Location: Mumbai

Apply Now

Position Title : Manager Legal

Department : Legal,Compliance & Secretarial

Locations : Mumbai

Candidate Requirement

  • LLB/LLM with 6+ years of experience in Insurance Industry

Key Responsibilities:

  • Handling consumer litigations raised in Consumer Courts, Labor Court and Ombudsman
  • Preparing the entire case history in consultation with senior’s   before representing the matter in court  
  • Identifying & empanelling lawyers  pan India for representing IFLI cases in those locations
  • Providing Line of argument and briefing to these lawyers for any litigations registered in those locations
  • Sharing entire case history with empanel lawyers to enable them to represent IFLI in court
  • Drafting & reviewing agreements and  Line of argument
  • Travel for attending litigations in various forums

 

CTC: 13 LPA

Location: Mumbai

Apply Now

Position Title : Manager – Content Development

Department : HAL

Locations : Mumbai

Candidate Requirement

  • 8+ years of experience in content development/ behavioral training
  • Should have flair for creating video tutorials for training purpose

Key Responsibilities:

  • Develop training content as per business requirement and training architecture in specified timelines
  • Interact with multiple stakeholders in business and training team  for designing appropriate training objectives
  • To create video tutorials for product/ knowledge oriented programs
  • To deliver training programs

 

CTC: 13 LPA

Location: Mumbai

Apply Now

Position Title : Senior Executive – Underwriting

Department : Operations

Locations : Mumbai

Candidate Requirement

  • MBBS / Pharma Graduate with minimum 1 year of experience

Key Responsibilities:

  • Day to Day underwriting of new business life insurance application.
  • Other underwriting activities like reinstatement, group business etc
  • To understand & adhere to company underwriting guidelines and TATs
  • To understand & adhere to regulatory guidelines
  • To scrutinize & authenticate the document received and underwrite medical, financial & other risks of the incoming life insurance business for organization
  • 1-2 years of life insurance experience.

 

CTC: 5 LPA

Location: Mumbai

Apply Now

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