Current Openings

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

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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

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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

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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

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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

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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

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Position Title : Senior Manager – Underwriting

Department : Operations

Locations : Mumbai

Candidate Requirement

  • MBBS / Pharma Graduate with 10 years of experience

    Key Responsibilities:

    • Underwrite life insurance applications for Individual including online term, Credit and Group plans
    • The NB applications against which a requirement letter need to be raised
    • The applications which require manual underwriting by virtue of the nature of product
    • The policies with alteration requests with respect to plan details
    • Revival cases
    • Report suspicious transactions to Risk and Compliance team
    • Coordinate with channel and NB team to ensure complete and correct medical reports in the timeline defined
      • Support the Claims team for investigation of the claims involving Medicals and underwriting inputs on the same.
      • Provide the required data, justifications and underwriting inputs for cases raised by compliance under AML
      • Ensure timely & accurate generation of  MIS Reports as per pre defined frequency for internal teams & external stakeholders like IRDA for Decline Life Database
    • Complaints & escalations resolution as per TAT
      • From sales channels, customers through C2S2, Uwsolutions and UW helpdesk
      • IGMS queries
    • Management and Underwriting life insurance applications above Auto acceptance limits of IDBI Federal and then referred to reinsurers for their decision.
    • Management of applications within our Auto acceptance would also be referred to reinsurer for their Medical or Financial Opinion
    • Monthly collation of the data for the placed cases with the reinsurer and sharing of the same with them as well as internal teams
    • Liaison with the Reinsurer for New & Existing product  updating and revision
    • Auto Underwriting rule enhancement to improve upon the rework
    • Trace query login for system improvement on better deliverables

    Underwriting guidelines & System development for any New product with UAT

    • Quality Check for Auto Pass applications as a part of risk mitigation measure at underwriting

    Online Audit for Underwriters which would assist in grant of higher limits

    • Internal Training – Conducting training for underwriting team on new product launch, case studies & guideline change
    • External Training – Conducting Alpha & Beta star training for sales force

     

    CTC: 18 LPA

    Location: Mumbai

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    Position Title : IT Manager

    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.
    • Excellent written and verbal communication skills

     

    CTC: 14 LPA

    Location: Mumbai

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    Position Title : Assistant Manager – Information Security

    Department : Risk

    Locations : Mumbai

    Candidate Requirement

    • BSc (IT) or BE(Computer Science) from a reputed institute with minimum 5 years of experience
    • Certifications like CEH , CHFI, CISA, CISSP, ISO 27001 LA shall be preferred

    Key Responsibilities:

    • Engage as a SOC Manager with the Security Operations Centre and keep a track of the events and incidents
    • Have hands-on with various Security solutions such as IPS, WAF, DLP, Firewall etc.
    • Worked on SIEM solution and implemented Correlation rules
    • Have good experience of frameworks such as ISO 27001, PCI DSS, RBI and IRDAI guidelines etc.
    • Keep a track of incidents and Internal / External audit observations
    • Liaise with stakeholders to conduct Risk assessment of new and existing projects.
    • Keep the organisation updated about the latest threat agents, advisories etc and implement the actionable as mentioned in the advisories.

     

    CTC: 12 LPA

    Location: Mumbai

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    Position Title : Assistant Manager – Content Development

    Department : HAL

    Locations : Mumbai

    Candidate Requirement

    • Candidate who have at least 5 years of experience in Sales/ training.
    • 1 year of experience in Content Development.
    • Exposure to E learning / M learning would be an added advantage
    • Candidate with Insurance experience is preferred however not mandatory

    Key Responsibilities:

    Content Development & Management

    • Develop the content for training modules basis the need analysis or the requirement shared
    • Develop the content for the channel partners and agents partners based on request
    • Adapt the existing content to suit requirements
    • Periodically revise and update existing content to make it contemporary.
    • Identify latest trends and methodologies in Learning and Development and launch it.
    • Prepare the product material and tests for training purpose.
    • Develop learning content for instructor led trainings and Web based trainings

     

    Training and other Communication

    • Deliver trainings, pilot run of projects to channel partners
    • Facilitate Train The Trainer sessions on modules created.
    • Serve as a point of coordination for product and process related queries raised by the trainers
    • Ensure the relevant content are uploaded on identified portals.
    • Ensure timely availability of training content/ material to the respective trainers

     

    CTC:  8 LPA

    Location:  Mumbai

    Apply Now

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