ICICI Prudential Life Insurance Company Limited (ICICI Prudential Life) is promoted by ICICI Bank Limited and Prudential Corporation Holdings Limited. At ICICI Prudential Life, they operate on the core philosophy of customer-centricity. They offer long-term savings and protection products to meet the different life stage requirements of the customers. They have developed and implemented various initiatives to provide cost-effective products, superior quality services, consistent fund performance, and a hassle-free claim settlement experience to the customers.
Your role
Role Purpose
To manage Death Claims, ADD
Key Accountability
Managing Claims and having a strong eye on risk i.e. claims adjudication of Death claims
To drive closure from the team i.e. claim assessment of cases within TAT
Liaising with stakeholders
Compliance with all Regulatory requirements and delivery as per the same
Ensure timely, speedier and accurate delivery
Identify areas of improvement and take projects and deliver as per the business objective
Ensure adherence to SOPs and document any changes as discussed with Sr. Management
Close collaboration with Finance, Compliance, Product, Actuarial, IT etc teams is important to ensure delivery of action in the role
Assist the business areas with developing a remedial action plan for issues identified
Monitor the implementation of established action plans
Lifeasia and Group Asia (insurance policy admin system) preferred
Training & Development
At ICICI Prudential Life Insurance, they assure you of a supportive work environment that will help you excel. Through training, seminars, guidance, and the compensation that your efforts deserve, they drive you to your professional and financial goals. You learn on the job and upgrade knowledge through a variety of e-learning programs.
Benefits
Listed below are some benefits:
Job training
Health insurance
Soft skill Training
Free Transport
Team Outings
Cafeteria
Education Assistance
Gymnasium
Work-life balance
Work-life balance is rated 3.7/5.0 (source: Ambition Box). Work days are usually from Monday to Saturday. They have strict work timings.
Culture & vibe
ICICI Prudential Life provides a good working culture and strong working policies for its employees. It has a friendly environment and is the best place to start a career in the banking sector. At ICICI Prudential Life, one-third of the workforce is fueled by women. The several benefits that a woman enjoys in a progressive work culture are:
Freedom from discrimination and harassment, as well as protection from it.
Opportunities to excel in their career path.
Extended liberal policies such as maternity leave, child care leave, fertility leave, and adoption leave.
Security protocol as well as self-defence training.
Convenience and safety from pick-up and drop-off facilities.
Addressing Emergencies through the Quick Response Team Initiative (QRT)
About you
The requirements for the role are as follows:
Strong collaborative skills as needed to work on Relationship management and delivery
Ability to work within and across teams to develop strong relationships with subordinates, peers, and senior managers to accomplish goals in a timely manner
Strong investigation skills and eye for detailing
Ensuring attainment of quality at all times (self and team)
Train team members to ensure they deliver as per business requirements
Team management
Knowledge:
System Knowledge
Products Knowledge
MS / Open Office
Basic computer skills (excel, word etc), Analytical skills, Good observation skills, Process orientation
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Hiring criteria
You should have or be completing the following to apply for this opportunity.
Entry Pathway
Degree or Certificate
Minimum Level of Study
Bachelor or higher
Study Field
M
Medical & Health Sciences (all other)
Medicine & Medical Science
Paramedic Science
Pharmacy & Pharmacology
S
Sciences (all other)
Work rights
The opportunity is available to applicants in any of the following categories.