24 Sep
|
Axis Max Life Insurance
|
Gurugram
24 Sep
Axis Max Life Insurance
Gurugram
Responsible for managing the Distributions Service Delivery & Operations function. This role involves strategic leadership, operational oversight, stakeholder management, MIS Dashboarding and regulatory compliance. The candidate will drive efficiency through process automation and re-engineering initiatives to enhance function quality and ensure regulatory compliance & reporting.
Key Responsibilities
Own and lead end-to-end Distribution Service Delivery & Operations w.r.t daily MIS, regulatory and compliance reporting - ensuring operational excellence, service quality, compliance, and SLA adherence.
Drive process governance, standardization, continuous improvement, and operational controls across all distribution and onboarding journeys.
Take overall ownership of regulatory governance, compliance requirements, internal controls, audit readiness, and timely closure of observations.
Ensure adherence to IRDAI guidelines, internal policies, risk management frameworks, and regulatory requirements.
Lead distribution onboarding, seller hierarchy management, servicing operations, and stakeholder engagement across functions.
Own business requirement gathering, BRDs, process documentation, testing, UAT, and technology implementation initiatives.
Identify process gaps and drive digitization, automation, and transformation initiatives using Excel, VBA, Python, AI, and smart tools.
Monitor operational KPIs, service delivery metrics, productivity, quality, TAT, and First Time-Right (FTR) performance.
Provide leadership for issue resolution, escalation management, defect management, and cross-functional coordination.
Prepare and review MIS, dashboards, governance reports, risk reviews, and management updates for senior leadership.
Lead, mentor,
and develop high-performing teams through effective performance management, coaching, succession planning, and building capability.
Partner with Business, Distribution, Technology, Compliance, Audit, Risk, HR, and senior management to deliver strategic business objectives.
Drive a strong culture of accountability, ownership, compliance, customer focus, and continuous improvement.
Key competencies/skills required
MIS Reporting, Dashboarding & Data Analysis using Advance Excel
Automation using AI / VBA, Macros, Python, PowerBI / Power Querry
Business Requirement Gathering, BRD Preparation & Process Documentation
Testing, UAT Coordination & Defect Management
Life Insurance compliances, Distribution Operations & Seller Onboarding
Process Management, Operational Controls & Continuous Improvement
Strong Analytical, Problem-Solving & Root Cause Analysis Skills
Stakeholder Management & Cross-Functional Collaboration
Effective Verbal & Written Communication
Team Leadership, People Development & Escalation Management
Strategic Thinking with Strong Operational Acumen
Team Player with a Collaborative and Growth Mindset
Measures of Success
1. Achievement of business SLAs, operational KPIs, compliance metrics, and strategic objectives.
2. Robust regulatory compliance, audit outcomes, and governance effectiveness with minimal observations.
3. Improved onboarding TAT, quality, productivity, and First-Time-Right (FTR) percentage.
4.
Successful implementation of automation, digitization, and process transformation initiatives.
5. Reduction in operational risks, control gaps, defects, and stakeholder escalations.
6. Improved operational efficiency, data accuracy, and control effectiveness.
7. High-performing teams with strong productivity, engagement, and capability development.
8. Positive stakeholder feedback and effective collaboration across functions.
9. Timely delivery of projects, technology initiatives, and business commitments.
10. Continuous improvement through analytics-driven insights and governance reviews.
Key Relationships (Internal)
Distribution Team
MIR/ Reporting Team (BIIG)
Compliance & Legal Team
Human Resources (HR)
Finance Team
Operations Team
IT/ Digital Team/Data Management team
Internal Audit Team
Key Relationships (External)
Agents / Sellers
Regulatory Authorities
Vendors
Educational Background
- Graduate/Postgraduate in Operations Management, Business Administration, or related field.
Experience: Minimum 7-8 years of prior experience in a team and process management role within a large, complex organization
Proven track record of leading projects and digital transformation initiatives.
Demonstrated success in managing high volume operations processes.
Strong background in process automation and system management, with a focus on leveraging AI / Smart Tools.
Experience in stakeholder management, compliances, internal & external audits
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
📌 Senior Manager - Distributions Service Delivery & Operations (Gurugram)
🏢 Axis Max Life Insurance
📍 Gurugram