Support the Actuarial function as a member of either the Statutory Valuation or Shareholder Reporting team, delivering accurate and timely actuarial reporting, analysis, and business insights. Responsibilities include managing statutory reserves and solvency assessments, asset share and bonus supportability analysis, surplus reporting, Market Consistent Embedded Value (MCEV) calculations, analysis of MCEV movements, and business planning activities. The role contributes to regulatory compliance, financial reporting integrity, and strategic decision-making through high-quality actuarial analysis and stakeholder engagement
Call Center-Internal , BIU Analytics, UW Team, Medical Management Team,IT , Other stakeholders if any
Stakeholders External
Call Center Vendors & Other Partners
C.Key Result Areas
Reporting
Understand end to end business flow of Websales channel
Regular stock taking of submitted policies
Identify various reason causing delay in issuances @ call center level @ TALIC Level.
Coordinate with NBT Team to clear policies from NBT Bucket
Coordinate with Medical Management Team to align medicals of customers @ preferred location
Coordinate with UW Team to clear NB Queries
Liaison between outsourced calling unit & internal TALIC Dept. to transparent pendancies
Circulate updated MIS as per requirement
Timely update to team on TELE MER Guidelines , Medicals Guidelines , NBT Checklist to sure 80% FTR
Frequent visit to call center to drive education series on above matters
D.Skills Required
Technical
.Insurance, Life insurance, Telesales
Behavioral
Essential
Desired
Interpersonal skills
.
Communication skills
.
Creative thinking skills
.
Supervising / Leadership skills
.
Teamwork Skills
.
Influencing skills
.
Relationship Building skills
.
Decision making skills
.
E.Incumbent Characteristics
Essential
Desired
Qualification
Graduate
Post Graduate - MBA/Exe. MBA (Preferably in Marketing or Operations )
Experience
2-7 years of experience in life insurance
3-5 years of experience issuance management processes
Online life insurance business management will be added advantage.
Disclaimer:
Tata AIA Life Insurance does not charge any fees from candidates during the hiring process. If the application aligns with our requirements, you may be contacted for further steps. Verify job offers through official Tata AIA communication channels to avoid fraud. The job description is the sole property of Tata AIA Life Insurance. The content of this JD is confidential, and unauthorized changes or reproduction are forbidden. To know more about Tata AIA Life, click on the weblink:
📌 Manager - Digital Business Unit (Thane)
🏢 Tata AIA Life
📍 Thane
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