Oversees assigned team members in the delivery of BAU processes on batch posting for Renewal & Notices, Suspense Management, Policy Benefits payment and Group Servicing are carried out within the set benchmark/SLA for Zurich Life and Zurich Takaful
To approve Policy Benefits Payment or transaction for Manager level for both Individual and Group servicing benefits payment and transactions approval up to authority limit delegated
Supervises assigned team members daily batch activities related to renewal invitation, premium renewal posting, lapsation, auto endorsement, policy benefits payment and periodic notices/statements
Prepare the monthly suspense report
Prepare current renewal suspense report for analysis
To supervises assigned members for renewal suspense analysis activity and refund
Supervises and coordinate for bonus/surplus declaration
Ordinary Life and Annuity bonus declaration for Zurich Life
Surplus declaration for Zurich Takaful
Supervise and continuously review the processes and procedures to ensure utilization of best practices and optimum the efficiencies
Produce reports and maintain records as required by the Managements
Involve in database reconciliation for Life & Family Servicing
Manage UAT and the implementation of improvement projects that will improve operations metrics such as reduction in cost or improvements in efficiency and production
Attend enquiries from wealth planner or branch and complaints
Support the assigned team member for continuous review and update the Departmental Quality Policy (DQP), Standard Operating Procedures and Working Instructions
Support audit, regulatory and compliance activities and ensure compliance to internal and external regulatory and compliance guidelines and internal controls
Drive Digital Servicing and automation initiatives as assigned
Job Requirements
Degree or Diploma with relevant experience
At least 8 years of working experience in Life Insurance/Takaful industry
PC literate and excellent in communication skills
Knowledge in Life Insurance/Family Takaful
Good in leadership/problem solving/analytical skill
Computer and system literate with knowledge in Microsoft Word, Excel and Power Point
At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?