12 Nov
|
XCEEDANCE
|
Gurugram
12 Nov
XCEEDANCE
Gurugram
Role & responsibilities
Lead operations
- Own end-to-end delivery across credit control and operations: planning, scheduling, execution and process health.
- Ensure the teams meet or exceed client-agreed service levels, quality and turnaround targets.
- Maintain process documentation, sign-offs and adherence to quality and control norms such as ISO
- Anticipate peak periods, risks and dependencies, and put mitigation in place before they affect clients.
Own the financials
- Own the P&L; for the credit control and operations portfolio: revenue, margin, cost and headcount, with accountability for budget and forecast.
- Optimise capacity, utilisation, team pyramid and bench to protect profitability while maintaining service quality.
- Support commercial discussions on pricing, scope changes and contract renewals with the account and finance teams.
- Track and report financial performance regularly, and take corrective action early where the numbers move off plan.
Set direction, manage risk and control
- Build and own the operations strategy and roadmap for the function, in line with company and client priorities.
- Spot growth opportunities with existing clients, including new geographies, lines of business and services.
- Ensure financial controls, audit readiness and compliance with client, regulatory and information security requirements.
- Identify operational risks early, assign owners, and report them with a clear mitigation plan.
Drive improvement and automation
- Continuously review processes to identify waste, rework, manual touchpoints and control gaps.
- Build the improvement pipeline, size the benefit, and take ideas from concept to implementation.
- Use Microsoft Power Automate, Copilot and other tools to automate and simplify routine work, working with digital and technology teams where a larger build is needed.
- Embed the changes through updated procedures, training and ownership, and track whether the benefit shows up in the numbers.
- Build a culture where teams raise ideas and use new tools in their daily work.
- Liaise with AI and technology teams for designing technology solutions for the insurance industry
Use data to run the business
- Define and monitor the KPIs that matter: ageing, collection effectiveness, unallocated cash, first-time-right, turnaround and cost per transaction.
- Analyse trends and error patterns to find root causes, and bring clear recommendations to leadership and clients.
- Present monthly dashboards, performance reviews and error trend analysis to senior stakeholders.
- Create reporting that is accurate, timely and easy for non-specialists to act on.
Manage clients and stakeholders
- Hold regular governance meetings with client leadership, and escalation management
- Start conversations on process growth, transformation and future strategy, and support new opportunities with the business development and solutioning teams.
- Work with different departments in insurance organisations and Xceedance to resolve issues quickly.
- Gain a thorough understanding of the clients end-to-end process, not just the part we run.
Build and lead people
- Lead managers and their teams, with clear goals, regular reviews and fair appraisals.
- Select, develop and prepare Analysts, Process Experts,
Assistant Managers and Managers for their next role.
- Manage attendance, attrition and outages to limit customer impact, and keep hiring cost and bench levels in check.
- Maintain cross-training coverage so that no process depends on a single person.
- Prepare the team for how work will change, including current tools, new skills and new ways of working.
Preferred candidate profile
- Graduate (finance, insurance, business or a related field) with 15+ years of experience in Insurance / Reinsurance operations and a strong operational background. An MBA, advanced degree or professional certification is preferred.
- Proven track record in leadership roles, managing managers and large, complex teams, with accountability for operational and financial results.
- Clear understanding of insurance, including the policy and premium lifecycle, brokers, binders and the basics of financials.
- Working knowledge of credit control and operations processes: billing, collections, cash application, reconciliations and reporting.
- Experience managing a P&L; or budget, with the ability to plan strategy, set direction and deliver against financial targets.
- Proven record of improving processes and delivering measurable results, using methods such as Lean, Six Sigma or similar.
- Comfortable with data: advanced Excel and the ability to analyse, interpret and present numbers with confidence. Exposure to Power BI or similar tools is preferred.
- Working knowledge of Microsoft Power Automate and hands-on use of Copilot, with the ability to spot where automation and AI can improve a process.
- Strong client management and senior stakeholder communication, including global and multi-region teams.
- Sound judgement, ownership, and the ability to manage change and bring people along.
📌 Assistant Vice President (Gurugram)
🏢 XCEEDANCE
📍 Gurugram