Policy Admin Manager

Salary
HK$50000 - HK$60000 per month + Discretionary Bonus
Location
Hong Kong
Type
Permanent
Workplace
Hybrid
Published
Jan 13, 2025
Ref
BBBH156369_1736736579
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Our client, a leading life insurance provider, is seeking an experienced Policy Administration Manager to oversee and manage all aspects of policy administration. The ideal candidate should have strong leadership skills, a deep understanding of life insurance operations, and the ability to drive process improvements.

Key Responsibilities:

  • Oversee end-to-end policy administration processes, including policy issuance, renewals, amendments, and cancellations.
  • Ensure accuracy and timeliness in all policy-related transactions and documentation.
  • Manage the processing of policyholder requests, including beneficiary changes, coverage modifications, and premium adjustments.
  • Mentor a team of policy administration staff, providing guidance, training, and performance management.
  • Ensure all policy administration activities comply with company policies, industry regulations, and legal requirements.
  • Conduct quality checks on policy administration processes to identify and address errors or inefficiencies.
  • Act as a point of escalation for complex policy-related issues and ensure timely resolution.
  • Identify opportunities to streamline and improve policy administration workflows and implement best practices to ensure operation efficiency
  • Leverage technology to enhance operational efficiency and customer satisfaction.
  • Analyze data to identify patterns, risks, and opportunities for improvement.

Qualifications:

  • Bachelor's degree in Business Administration, Insurance, or a related field.
  • Minimum of 7 years of experience in life insurance policy administration, recent 2 years in a managerial or supervisory role.
  • Strong understanding of life insurance products, policies, and regulatory requirements.
  • Proficiency in life policy administration systems and CRM tools.
  • Strong data analysis skills and proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
  • Soft Skills:
  • Strong problem-solving and decision-making skills with attention to detail.
  • Exceptional communication and interpersonal skills to work effectively with internal and external stakeholders.
  • High adaptability and ability to thrive in a dynamic environment.

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