Assistant Manager

3 - 5 years

0 Lacs

Posted:2 weeks ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Part Time

Job Description

Assistant Manager

EXL/AM/1417290

    Insurance Life & AnnuitiesNoida
    Posted On
    09 Jul 2025
    End Date
    23 Aug 2025
    Required Experience
    3 - 5 Years

Basic Section

Number Of Positions

3

Band

B1

Band Name

Assistant Manager

Cost Code

D010253

Campus/Non Campus

NON CAMPUS

Employment Type

Permanent

Requisition Type

New

Max CTC

300000.0000 - 800000.0000

Complexity Level

Back Office (Complexity Level 3)

Work Type

Hybrid – Working Partly From Home And Partly From Office

Organisational

Group

Insurance

Sub Group

Insurance

Organization

Insurance Life & Annuities

LOB

Back Office

SBU

Operations

Country

India

City

Noida

Center

Noida-SEZ BPO Solutions

Skills

Skill

RETIREMENT BENEFITS

Minimum Qualification

BACHELOR

Certification

No data available

Job Description
Key responsibilities:
  • Oversee day-to-day processing of DB pension benefit calculations (e.g., estimates, retirements, QDRO, DRO, death, terminations).
  • Manage end-to-end payment processing operations including validation, authorization, and transaction tracking.
  • Monitor workflow queues and ensure SLAs and accuracy targets are consistently met.
  • Ensure accurate application of plan provisions and actuarial guidelines.
  • Drive root cause analysis (RCA) and implement preventive measures for processing errors.
  • Lead and mentor a team of processors and senior analysts.
  • Conduct regular performance reviews, coaching, and skill-building interventions.
  • Manage team scheduling, leave planning, and resource allocation to meet volume demands.
  • Assist new hires such that they are productive on the floor in the shortest possible time frame
  • Handle escalations
  • Provide inputs on process and system to the team members
  • Act as the first point of escalation for operational issues.
  • Participate in client governance calls and share performance dashboards.
  • Collaborate with clients for process updates
  • Identify opportunities for automation, Lean practices, or workflow optimization.
  • Prepare MIS, daily/weekly reports, and executive summaries for internal and client review.
  • Support transitions, migrations, or new plan onboarding as needed.
  • Continue to build additional knowledge and understanding of the client’s business
  • Perform other duties as needed

Performance Parameters:
  • Process performance – as per agreed KPIs
  • Quality and Productivity Improvement
  • Turn Around Time SLA monitoring
  • Level of subject matter expertise

Primary Internal Interactions:
Manager / Sr. Manager for the purpose of reporting performance, escalation handling, clarifying concerns, and seeking support

Education Requirements / Work Experience / Skill Set:

  • Bachelor’s degree with 3 - 5 years of experience
  • Candidates with relevant business experience (Defined Benefits - Retirements) will be preferred
  • Responsible for meeting close deadlines with high accuracy and minimal rework
  • Effectively balance quality, timeliness, TAT and productivity standards of the team
  • Strong quantitative, data & analytical skills required
  • Hands-on experience with pension admin platforms and tools like Excel, SharePoint, Workflow systems.
  • Excellent oral and written communication skills
  • Ability to work independently
  • Ability to drive possible process improvements
  • High attention to detail, process orientation, and problem-solving ability.

Value & Behavior:

  • Customer Service Orientation
  • Quality Orientation
  • Empathy for effective on the job coaching and feedback
Workflow

Workflow Type

Back Office

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