• Senior Manager/Chief Manager - Fraud Risk Management - Life Insurance Jobs in Mumbai,India - 25063293

  • Jubilant HR Consultant

Job Description:

Our Client is a well established Life Insurance Company Established in 2011, the company is part of Indias leading diversified financial services organization

Role Senior Manager/Chief Manager

Reporting to VP- Risk Management & Internal Controls

Key Responsibilities

- Be directly responsible for early detection of suspicious cases at new business login

- Provide guidance and development of tools in discussion with analytics team for early detection of frauds

- Responsible for assurance on portfolio quality through review of channels, adverse regions/branches, partners and products

- Responsible for reduction of A/E ratio to 70% for the year and continuous monitoring of flags like A/E ratio, early claims, negative areas to revise guidelines

- Ensure A/E ratio is sustained over the period of time

- Creation of guidelines for channels/products/partners/geographies

- Ensure timely and adequately structured risk reports being published to the stakeholders

- Review the accuracy of the risk reporting and risk updates (Risk reports, MIS, dashboards) at various frequencies

Functional Skills Required

- Good understanding of insurance business

- Knowledge insurance fraud risks and data analytics

Soft Skills Required

- Very well versed with Ms-Excel, Word, and PPT

- Good Communication Skills

- Capability to manage multiple stakeholders at all levels

Profile Summary:

Employment Type : Full Time
Salary : Not Mentioned
Deadline : 11th May 2020

Key Skills:

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