Manager - Process Re-Engineering - Life Insurance

Manager- Process Re-engineering - Life insurance

Job Purpose : To act as a project manager for all automation and process improvement projects for Finance & Accounts functions

Key Responsibilities :

Responsibilities :

- To participate in walkthroughs and meetings with different stakeholders and capture business requirement

- To design and execute a test plan to ensure that requirements and specification are implemented properly and meet strategic and operational values

- To assist technical teams in translating user requirements into line with application functionality into application/system.

- To prepare in-depth BRD/FRD/UR and get signed off by relevant stakeholders

- To be actively involved in UAT testing, troubleshooting the process post-implementation, application enhancement support

- To enable brainstorming sessions with the team to provide input on innovative approaches

- To maintain strict timelines for the completion of projects

- To understand and resolve issues (internal stakeholders) with processed data/software effectively and efficiently

- Specific Authorities (Financial & Non Authorized )To approve vendor's records as per Delegation of Authority Matrix

Internal : (Financial - Authorized ) To provide UAT sign-off based on the test accounting entries for different products.

Key Performance Indicators :

- Timely completion of projects >95%

- Process gap identification and analysis of at least 5 opportunities = 100%

- Implementing identified solutions to facilitate ease of business= 100%

- To identify automation opportunities to limit manual intervention reduction > 5 opportunities per quarter

Job Requirements :

Qualifications : MBA (Finance)

Experience : 7 - 8 Years

- Base skill Understanding of organizational systems, processes, and products

- MS Suite

Functional Competencies :

- Insurance/Finance industry knowledge-Well versed in functioning of Life Insurance business

- Insurance accounting skills & Other basic accounting skills - Well versed with accounting entries

- Financial statements and reporting

- Hands-on experience in identifying process gaps and implementing solutions

- Regulatory knowledge

- Taxation knowledge

- Project Management

Behavioral Competencies :

- Collaboration

- Execution Excellence

- Growth through Differentiation

Salary : 12-20 LPA