Insurance Manager

Role Overview

The Insurance Manager oversees insurance advisory services and operational functions within the wealth management domain, ensuring clients' protection needs are fulfilled effectively and that insurance-related processes operate efficiently.

Primary Responsibilities

• Lead advisory efforts for term, health, and various protection insurance products.
• Evaluate clients' insurance requirements and suggest suitable coverage options.
• Manage insurance lifecycle tasks including policy tracking, renewals, claims assistance, and record maintenance.
• Collaborate with the broader wealth management team to facilitate operational coordination.
• Maintain precise and up-to-date insurance records, performing regular audits to ensure accuracy.
• Continuously monitor and adjust client protection levels in response to changing needs.

Essential Skills and Qualities

• Comprehensive understanding of diverse insurance products and advisory practices.
• Strong operational discipline with keen attention to detail.
• Commitment to client-centric service delivery.
• Effective coordination skills with the ability to follow through on processes.
• High ethical standards and integrity.

Educational and Professional Credentials

• Graduate or postgraduate degree in commerce, finance, or a related discipline.
• Certification from IRDAI or NISM is advantageous but not compulsory.
• Between 2 to 4 years of experience in insurance or wealth management operations.

Performance Metrics for the First Year

• Ensuring clients' insurance protection is adequate and appropriate.
• Accuracy and timeliness in insurance operations management.
• High-quality support for policy renewals and claims processes.
• Successful outcomes in insurance audits, reflecting clean and compliant records.