Manager - Business Processing at Great Eastern Life Assurance Co Ltd

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Full Time

Start Date

Immediate

Expiry Date

01 Jan, 26

Salary

0.0

Posted On

03 Oct, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Group Insurance Administration, Business Processing, Supervisory Skills, Time Management, Analytical Skills, Attention to Detail, Proactiveness, Team Player, Mathematical Skills, Communication Skills, Microsoft Excel, Microsoft Office, Risk Management, Process Improvement, Regulatory Compliance, Administrative Support

Industry

Insurance

Description

This position reports to Team Lead, Business Processing (Group Insurance Operations), and the key role is to carry out the daily tasks of the business processing function, perform supervisory function and to innovate the business unit’s progression. Issuance of policy contracts and endorsements; Issuance of policy adjustment, member movement; Responsible for premiums computation and experience refund; Ensure tax invoices/endorsement schedules/medical cards are issued timely; Ensure the accuracy of records entries & proper documentation; Perform supervisory function and guidance to junior staff for service excellence; Participate in departmental projects and initiatives, with User Acceptance Testing prior to deployment of changes in system; Provide administrative support and perform ad-hoc tasks as assigned by Team Lead; Take accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks; Maintain awareness of industry trends on regulatory compliance, emerging threats and appropriate steps to mitigate the risks; and Highlight any potential concerns/risks and proactively shares best risk management practices. Manage escalations and communications with policyholders and intermediaries and third party administrators; Provide reviews and updates to SOP to incorporate changes from regulations and best practices; Understand the workflow and to work with Section Head on identifying areas of improvement for operations efficiency; Degree from recognized institutions Preferred at least 5 years relevant experience specializing in Group Insurance administration / business processing Applicant along with experience in supervisory function will be an advantage Good time management, good analytical skills, meticulous and pro-activeness A person who is task and results oriented, and a good team player Mathematically inclined and with strong communication skills Highly proficient in Microsoft Excel. The job requires significant data sorting and manipulation Proficient in other Microsoft Office applications People motivator who can innovate the business unit Independent, able to perform under pressure and unsupervised High level of integrity, takes accountability of work and good attitude over teamwork. Takes initiative to improve current state of things and adaptable to embrace new changes.

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Responsibilities

The Manager - Business Processing is responsible for overseeing daily business processing tasks and providing guidance to junior staff. This role also involves ensuring compliance with regulations and managing communications with policyholders and third-party administrators.