Walk-in | Executive

Shriram Life Insurance; Hyderabad; On-site; INR 152,000 - 182,000; Full time

Job summary

Shriram Life Insurance in Hyderabad is seeking a focused Executive for the New Business (Life Insurance) department. The role involves processing life insurance applications, policy servicing, endorsements, and renewals, while ensuring AML/KYC compliance and timely service delivery.

The candidate should be a graduate with 0–1 year of experience, possess strong communication skills, and demonstrate accuracy in document verification and compliance tasks to support branch teams and customers.

Qualifications

• Graduate with English, Hindi and regional language proficiency preferred.
• 0–1 year of experience in Life Insurance operations or related functions.
• Knowledge of AML/KYC and regulatory requirements is desirable.

Responsibilities

• Process life insurance applications, policy servicing requests, endorsements, renewals and other operational transactions with high accuracy.
• Ensure AML/KYC compliance during policy processing and service activities.
• Verify and validate customer documents, policy details and regulatory compliance requirements.
• Maintain Turnaround Times (TATs) and service level standards for all operational activities.

Skills

Life Insurance operations

Banking operations

AML/KYC compliance

Attention to detail

Communication skills

MS Word/Excel

Education

Graduate in any discipline

Job description

Job Description Executive (New Business)

Position Title: Executive

Department: New Business (Life Insurance)

Reporting to: Deputy Manager/Manager/Senior Manager/Zonal Manager.

Location: Hyderabad DO, Begumpet.

Employment Type: Full-time / Permanent

"Required MALES only"

1. Job Purpose

To manage Life Insurance product operations and related processes efficiently while ensuring compliance with AML/KYC guidelines, regulatory requirements and internal policies. The role is responsible for delivering accurate and timely processing of insurance transactions, maintaining prescribed turnaround times (TATs) and providing prompt support to branch teams and customers by resolving queries and complaints effectively.

2. Key Responsibilities

• Process life insurance applications, policy servicing requests, endorsements, renewals and other operational transactions with high accuracy.
• Ensure adherence to Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements during policy processing and service activities.
• Verify and validate customer documents, policy details and regulatory compliance requirements.
• Maintain Turnaround Times (TATs) and service level standards for all operational activities.

3. Key Performance Indicators (KPIs)

• Processing Accuracy
• TAT Adherence
• Customer/Branch Query Resolution
• Compliance to AML/KYC Norms
• Customer Satisfaction
• Productivity and Operational Efficiency

4. Required Skills & Competencies

• Basic Knowledge of Life Insurance products and operations.
• Knowledge about Banking related activity and Operations.
• Understanding of AML, KYC, and regulatory compliance requirements.
• Strong attention to detail and accuracy.
• Good communication and customer service skills.
• Basic knowledge of MS Word, Excel.

5. Educational Qualification

• Minimum: Graduate in any discipline (Preference: B. Com / B. A / BBA / B.Sc. / MCA / MBA). Proficiency in English, Hindi and regional languages preferred.

6. Experience

• 0 to 1 years of experience in Life Insurance Operations, Policy Administration, Customer Service, Banking related activities or related functions.

7. Working Conditions

• Rotational shifts including weekends and public holidays (as per business requirement).
• Work from office
• Desktop/laptop, and CRM system provided by company.

8. Growth Path

Junior Executive Executive Senior Executive Team Leader Assistant Manager Manager (Based on performance)

9. Remuneration

• In-hand salary: 15,000 per month.
• Annual CTC: 2.3 LPA, based on the candidate's experience and performance
• NS Allowance: Based on the working days and designations are payable.