Execute financial processes timely with 100% accuracy
-
Execute the receipting, banking and reconciliation processes accurately for policy cash/Cheque/DD within timelines as per the set process.
-
Detection of Fake note to avoid operational loss
-
Cheque Dishonour Management.
-
Safe custody of both sets of Safe and cash box Keys and one set of office keys.
-
Timely reconciliation of assets of the branch.
-
Ensure genuineness of petty cash spends, timely raising and recording.
Provide commercial support
-
Identify local vendors and facilitate their registration as per procurement guidelines.
-
Procurement of vendor bills, establishing genuineness and timely payment as per agreement.
-
Encourage NEFT registrations of vendors.
-
Support lease agreement registration and renewal process.
-
New branch set up- coordination with various functions like IT/Infra/banking/ZOPS/DSF for smooth functions of branch.
Extend Legal , Compliance and Taxation support
-
Timely remittance of professional and work contract tax.
-
Represent company on behalf of compliance/HO for hearing matters in labour/consumer court.
-
Timely updates to HO on receipt of any notice from Tax authorities/labour offices/employment exchange/Local municipal offices.
-
Ensure statutory displays at branches.
-
Ensure 100% compliance of AML guidelines, identification and reporting of suspicious & fraudulent operational and financial transactions.
-
Adherence to BCP guidelines.
Handle Advisor commission process
-
Timely Updation & handover of Commission chq to Advisors.
-
Encourage NEFT with advisors and FLS.
-
Resolve commission related queries of advisor.
-
Ensure timely receipts and hand-over of TDS certificate to advisors.
Provide HR/IT/Admin support
-
Manage joining and exit formalities for concerned employees at the branch, including full and final settlement process.
-
Log calls in case of downtime/pursue with Corporate IT.
-
Monitor and ensure housekeeping, security and dispatch services are rendered in an uninterrupted and cost effective manner.
-
Handle physical resource booking like meeting rooms, projectors, etc.
Execute Underwriting and New Business processes
-
Scrutinise New Business applications as per the SOPs to ensure 100% input accuracy to enhance straight through processing and issuance to submission ratio.
-
Arrange speedy pick up of medical reports from medical labs and timely transmission of applications, medical reports, requirements via scanning and indexing with 100% accuracy.
-
Collaborate with head office process owners/vendors to facilitate faster issuance.
-
Ensure timely and accurate updation and delivery of policy documents/refund cheques in adherence to set standards.
Provide prompt, accurate and courteous Customer Service
-
Ensure 1st contact resolution at the branch for all internal & external customers’ & track requests through prescribed systems ensuring 100% accuracy and timely closure.
-
Scrutinise claims documentation as per set guidelines and coordination with sales force and claimant for speedy fulfilment of claim requirements.
-
Ensure 100% accurate and timely scrutiny & processing of reinstatement, fund switch, financial payout requests & other customer requests on the same day to avoid Gain/Loss. Customer identity & signature to be verified to establish genuineness of the transaction.
-
Proactively participate in data cleansing exercise for both internal & external customers in respect of Bank details, PAN card Information, contact details & undelivered communications, .
