Hiring for AVP - Life & Annuity Insurance Operations Pune for Exp. 12 - 20 Years at Mphasis Limited.

  • Esteemed client of Orion TrueTech Services India
  • Pune, Maharashtra, India
  • May 16, 2018
Full time Banking, Finance & Insurance Jobs

Job Description

Job Description:Life &amp Annuity Insurance Operations Leader Job Location: Pune Job Responsibilities Work with existing clients to manage relationships, make regular site visits to understand issues, suggest solutions and collaborate with delivery teams to accurately interpret business requirements and translate them into solutions for use in building a business case. Working alongside the sales/delivery team to provide technical expertise in the interpretation of business requirements to build a business case for Mphasis products and services for prospective clients. Demonstrate wider understanding of insurance placement and market conditions of US L&amp A market Providing solutions to various technical and conceptual issues raised by Team &amp Client Qualifications &amp Skills Demonstrable experience in US Life and Annuity Insurance. Need mix of experience for Insurer as well as TPA Deep understanding of Individual and Group Life and Annuity products. Need extensive experience in managing New Business, Post, Claims and F&amp A functions in US L&amp A environment Understanding of typical industry challenges for an insurer as well as TPA in US geography Understanding of agency Operations would be an added advantage Working experience on Policy Administration Systems and other applications, Tools, Systems in use by multiple Life and Annuity Insurers as well as TPAs Awareness of third party sources or market information leveraged by underwriters and agents in effective underwriting Rating Pitfalls and practices for Life and Annuity Products Good Understanding of Technology stack available in market to transform underwriting, operations with a focus on underwriting profits, speed to market, NPS Effective communication skill with the ability to communicate in person and by phone/video An understanding of Lean Six Sigma and its application in operations Strong and advanced Excel and Power Point Skills Demonstrable Team handling experience Solution Oriented for Prospect, Client &amp Team Members Knowledge and experience of how transformation can be led in Claims/UW space by leveraging Technology/Automation etc. 12+ years experience in managing large insurance services operations in UK general insurance included FCA regulated ops Advanced level LOMA certification