Job Description

JOB DESCRIPTION

Job Code:

Job Title: Executive - Product and Channel Management

Band: 5

Reporting To: Manager - Product and Channel Management

Department: Product and Channel Management

Location: Gurgaon, HO

JOB SUMMARY:

• Policy Administration System

• Play a pivotal role in implementation and testing (review) of new products on policy administration system leading to effective launch of new products
• Perform review of UAT of actuaries patch in systems which mainly includes the testing of charge structure of products, premium rates and policy behavior under various transactions such as lapse, RPU, Revival etc
• Enable rigorous UATs through comprehensive test cases and provide sign offs

• Product Life Cycle Management

• Corrections and testing of defects in policy administration system for in force business
• Resolve queries of agents/customers for existing products
• Annuity desk management
• ALM aspects of non-par guaranteed products including derivatives

MEASURES OF SUCCESS:

• Ability to work with minimum supervision and problem solving ability
• Completion of tasks on time and at desired standards including documentation and audit trails
• Accuracy of results and comprehensiveness of the pricing model/reports

LEADERSHIP/DIRECT REPORTS:

The ideal candidate should be proactive in taking responsibilities and capable of working effectively in a cross functional team.

There are no direct reports under this position at the moment.

JOB REQUIREMENTS

MINIMUM EDUCATION:

• Graduate with good progress in actuarial exams (most papers in CM, CS & CB series especially CM1)

MINIMUM/SPECIFIC EXPERIENCE:

• Experience of excel and word would be required.

KNOWLEDGE/SKILLS/ABILITIES: (Refer to the competency model for the position)

Competency

Level

Result Orientation

3-4

Working With & Through Others

3-4

Innovation

3-4

Customer Centricity

3-4

Technical Expertise

3-4

Problem Solving & Decision Making

3-4

Business Acumen

3-4

Impact & Influence

3-4

COMPENSATION RANGE:

Market competitive.

JOB DESCRIPTION

Job Code:

Job Title: Executive - Product and Channel Management

Band: 5

Reporting To: Manager - Product and Channel Management

Department: Product and Channel Management

Location: Gurgaon, HO

JOB SUMMARY:

• Policy Administration System

• Play a pivotal role in implementation and testing (review) of new products on policy administration system leading to effective launch of new products
• Perform review of UAT of actuaries patch in systems which mainly includes the testing of charge structure of products, premium rates and policy behavior under various transactions such as lapse, RPU, Revival etc
• Enable rigorous UATs through comprehensive test cases and provide sign offs

• Product Life Cycle Management

• Corrections and testing of defects in policy administration system for in force business
• Resolve queries of agents/customers for existing products
• Annuity desk management
• ALM aspects of non-par guaranteed products including derivatives

MEASURES OF SUCCESS:

• Ability to work with minimum supervision and problem solving ability
• Completion of tasks on time and at desired standards including documentation and audit trails
• Accuracy of results and comprehensiveness of the pricing model/reports

LEADERSHIP/DIRECT REPORTS:

The ideal candidate should be proactive in taking responsibilities and capable of working effectively in a cross functional team.

There are no direct reports under this position at the moment.

JOB REQUIREMENTS

MINIMUM EDUCATION:

• Graduate with good progress in actuarial exams (most papers in CM, CS & CB series especially CM1)

MINIMUM/SPECIFIC EXPERIENCE:

• Experience of excel and word would be required.

KNOWLEDGE/SKILLS/ABILITIES: (Refer to the competency model for the position)

Competency

Level

Result Orientation

3-4

Working With & Through Others

3-4

Innovation

3-4

Customer Centricity

3-4

Technical Expertise

3-4

Problem Solving & Decision Making

3-4

Business Acumen

3-4

Impact & Influence

3-4

COMPENSATION RANGE:

Market competitive.

Max Life Insurance