Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Ltd., is a joint venture between Max Financial Services Limited (“MFSL”) and Axis Bank Limited.
Axis Max Life Insurance offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution, including agency and third-party distribution partners. It has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery, and a well-trained human capital.
Axis Max Life has been consistently ranked among the best workplaces by the GPTW Institute, reflecting its commitment to creating a positive and empowering work workplace.
#ComeAsYouAre LGBTQIA+ and PwD candidates of all ages are encouraged to apply
KEY RESPONSIBILITIES
- Contest Fulfillment & Rewards Management.
1. Ensure 100% fulfillment of Monthly, Quarterly, and Sizzler contests within agreed TAT.
- Achieve timely closure of contest reward distribution with minimal customer/sales team escalations.
- Maintain tracker and governance for all contest payouts and reward dispatches.
- Vendor Payout Management
1. Coordinate with vendors and finance teams for timely processing and settlement of payouts.
- Ensure payout files are validated and submitted as per defined timelines.
- Reduce payout delays and discrepancies through proactive follow-up and monitoring.
- Reconciliation & Financial Controls
- Perform monthly reconciliation of payout files with vendors and finance teams.
- Ensure accuracy in payout calculations and closure of discrepancies within stipulated timelines.
- Maintain audit-ready documentation for all payout transactions.
- Vendor Governance & Onboarding
- Complete vendor onboarding and agreement renewals within defined timelines.
- Strengthen governance through periodic reviews and compliance tracking.
- Ensure all vendor documents, contracts, and approvals are updated and maintained.
- PR/PO & Procurement Management
1. Create and process PRs and POs for all vendor-related payouts and rewards within SLA.
- Coordinate with stakeholders to prevent delays in procurement and payment processes.
- Ensure timely closure and tracking of procurement requests.
- Stakeholder & Cross-functional Coordination
1. Collaborate effectively with Sales, Finance, Admin, Vendors, and Mail Room teams for seamless execution of reward and payout programs.
- Conduct periodic review meetings and share status updates with management.
- Drive process improvements to enhance operational efficiency.
State: Home Office
Branch: Gurugram -90C
Department: Bancassurance
Function: Bancassurance - Business Planning & Analytics