Kotak Life has bought back its stake from Old Mutual and is no longer in a joint venture, thus making us a 100% owned subsidiary of Kotak Mahindra Bank Ltd. Kotak Mahindra Life Insurance Company Ltd (Formerly known as Kotak Mahindra Old Mutual Life Insurance Ltd.) is a 100% owned subsidiary of Kotak Mahindra Bank Ltd. The company combines its international strengths and local advantages to offer its customers a wide range of innovative life insurance products thereby helping them take important financial decisions at every stage in life and stay financially independent. The company covers over 18 million lives and is one of the fastest-growing insurance companies in India.
Kotak Life announced an Assistant Manager – Operation role for freshers. Below is that mentioned about this job Details. Please read all details, after that interested and eligible candidates can apply for this job.
Job Post Name
- Assistant Manager – Operation role
Job Released By
- Kotak Life
Job Description and Role
- Primary underwriting.
- Customer Service.
- Renewal follow-up
- Stale Chq Closure.
- Surrender Retention Retention of customers who come to the branch for the surrender of the policy, by means of educating about benefits of long term stay and use of retention kit.
- The new business proposal from processing
- ECS Sourcing Convincing and registering customers for ECS by means of educating customers about benefits from walk-in customers, renewal calling and at all touchpoints with customers, and achieving assigned monthly targets.
- Driving conversion of new business by means of follow-up with the sales team on requirements.
- Driving End to End TAT.
- Medical Co-ordination in medical proposal forms with a medical center, sales team, and customer.
- Follow-up with customers for arranging Direct Credit documents towards all types of pay-outs [ like surrender ( part or full), maturity, survival benefit, etc.
- Other back-office work.
- Receipting of Premiums new business, renewals, agency, shortfall premiums, etc. all types of payments in cash and chq at branches.
- Banking of chqs and cash collected on the previous day thru Bank appointed pick-up person.
- S2S Service to Sales and cross-sell.
