Job Description

About Axis Max Life

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 environment.

#ComeAsYouAre LGBTQIA+ and PwD candidates of all ages are encouraged to apply

Position

: Assistant Manager - Mortality Control

Function

: Underwriting & Claims

Department

: Operations

Band

: 5A

Reporting to :

Manager - Mortality Control

Location :

Gurugram (90C)

KEY RESPONSIBILITIES: -

1. Manage Risk Investigation for Controlling Mortality and reduction in Crude Death Rate


2. Identify patterns of Sales Malpractices and work with Linkages to facilitate field


3. Will be primary responsible for the coordination and handling of investigation agencies that carry out field verifications on behalf of Max Life.


4. Monitoring and controlling the work done by the Risk verification agencies regularly. Ensure that the quality of the reports submitted by the agency is good. Identify new agencies for conducting verifications.


5. Create effective MIS/ database of all investigations/cases handled


6. Develops fraud investigation and fraud reporting standards and procedures, monitors compliance, and contributes to quality improvements and the improvement of fraud risk management practices and policies.


7. To effectively conduct the regular activities of the UW risk management Unit & minimize fraud losses & carry out effective risk management with Due Diligence. Meet the requirements of Anti-Fraud & Risk management department goals.

Measures of Success

Reduction of fraud incidence


Incidence of fraudulent death claim drop

Desired qualification and experience

U Graduate/Post Graduate in any discipline preferably in Insurance, Life Sciences, Commerce or medicine.


U 2-4 years' experience in Life/Health Insurance/TPA/ other Operations preferably in claims management and processing


U Should be well versed with MS office, particularly MS Excel.

Knowledge and skills required:

High analytical skills Strong on core values of Max Life Strong communication (verbal and written), interpersonal, and influencing skills.

State

Home Office

Branch

Gurugram -90C

Department

Underwriting and Claims

Function

Retail Mortality Automation & RI Admin

Posted On

24-Sep-2025