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Description:
Location: Mumbai

Job Position Summary:
  • To effectively carry out Quality reviews for the process / team as per the scope to identify quality / training gaps in the teams and help develop / enhance process materials and trainings to achieve optimum quality performance.
Primary Responsibilities:
  • Develop sound understanding of the Reinsurance business and knowledge of auditing procedures, the full transactional process, and role interfaces / dependencies within the own business unit and related functions
  • Complete File Reviews as per Turn Around Time prescribed by the Business Unit
  • Perform high standards of Quality reviews and analysis on Placing / Analytics / Claims / Pro Rata files based on Regulatory Requirements, Client Excellence Model and Standard Practices and Procedures
  • Operate within the guidelines of internal and external regulators
  • Manage internal queries, escalating where appropriate within defined timescales and following the documented protocols
  • Manage auditing processes and timescales in accordance with agreed procedures
  • Liaise with the Compliance Team and / or Information Security team to discuss / report incidents that do not meet the compliance requirements on a timely basis
  • Be competent user of internal auditing systems along with Microsoft office, Excel/Word, MS Outlook
  • Effectively utilise communication skills and technical knowledge during negotiation of challenging and difficult issues with colleagues / teams
  • Actively participate in evaluator exercises / team huddles and contribute towards reducing variance
  • Ensure Quality MI is regularly updated with any necessary changes so that data is made available to the operations management as per agreed timelines
Desired skills and competencies:
  • Skills:
    • Ability to work under pressure to tight timelines and without direct supervision.
    • Team player with good interpersonal and influencing skills
    • Possesses a keen eye for details.
    • Excellent analytical problem-solving skills.
    • Strong communication skills, both orally and in writing.
    • Commercial awareness – a commercial and pragmatic approach to managing compliance.
    • IT literate – knowledge of Microsoft office packages needed.
  • Knowledge:
    • Good working knowledge of the Microsoft office, particularly Excel & PowerPoint
    • Relevant Insurance / Reinsurance industry experience as a minimum according to the role
Qualifications: Bachelor, Master

Last updated on Jul 21, 2023

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