DM-Insurance Analytics
Savanna HR
Business and Management
2-6 Yrs
Mumbai
Posted: 4 months ago
Description
Regulatory Reporting (IRDA Compliance)
• Managing Business MIS covering both internal MIS and IRDAI/IIB reporting across premium, claims
and other functions.
• To network with industry and other players for nurturing business intelligence in financial domain.
• Accurate, timely and up-to-date submission of various statutory reports – IRDAI, GIC, IIB.
• Ensuring proactive actions in line with changes in the regulatory framework (For e.g. changes in the
EOM regulations.)
2. Technical Excellence Monitoring
• Managing GARO reporting pertaining to various reporting – ICT, Claims QBR, Fastboard etc.
• Monitoring the claims ratios at LOB level and engaging various stakeholders to optimize the
portfolio performance.
• Loss ratios needs to be reviewed at detailed level – Vehicle type/ branch / state with new/ existing/
rollover business etc to meet Plan target defined for the year.
• Monitoring various NFI KPI’s and reporting pertaining to the same.
3. Process Improvement and Efficiency
• Drive cost initiatives across the Company continuously to optimize costs.
• Actively participate in business decisions and Cost Benefit Analysis to optimize costs at the point of
commitment.
• To proactively work with stakeholder to provide solution for ease of business in both collection and
payment areas.
• Identifying opportunities for standardization, transformation and automation of financial processes,
practices, and services to maximize effectiveness and efficiency.