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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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