11 CANARA HSBC LIFE INSURANCE JOBS

This role will be responsible for carrying out the regular reporting to IRDA, shareholders and Institute of Actuaries of India; production of the statutory valuation of liabilities as at year end; monthly valuation of liabilities for internal management and shareholders, the production of annual actuarial returns for IRDA and conducting the review of the actuarial assumptions including the approval for these assumptions from HSBC regional office. In addition, this role includes supporting the peer reviewer in carrying out the peer review of the year end results; preparing response of queries from the onsite and offsite inspection teams of IRDA; supporting the other external and internal audits relating the actuarial reporting such as CAG, GIA etc. This role will also be responsible for providing support in the transition of all financial reporting of the Company from the current Indian GAAP to IFRS 17 as required by the Regulations over the next few years with the help of external consultants.This role will also be responsible for analyzing the monthly profits and providing the relevant insights to Finance as well as Management. This role will also be required for calculating quarterly solvency ratio of the Company and reporting the same to the Regulator.This role will also be responsible for providing IFRS profits to HSBC on a monthly basis. This role will also be responsible for evaluating the impact of any regulatory changes on the company’s profitability and solvency position and accordingly get the same modelled into the actuarial valuation models.This role requires working with limited oversight to a high degree of accuracy with full audit trail and controls being established under time pressure in an environment where processes/methodologies are constantly changing and production of results may be accompanied by significant amount of investigation. It also requires the ability to interact with a range of internal stakeholders (middle management to senior management from other departments such as Finance, Investments, Operations, IT etc.) and external

The role is to reduce execution time and associated risk, by automating existing manual reports being prepared by the team. This will be primarily and individual contributor role; and depending on company’s need at a later point in time, may get converted into People Manager role. ? Use MS Excel, MS Access, SQL, Macro scripting, BI tools, data warehouse, and all available resources to automate manual reports ? Ensure that outputs match with the existing reports and takes lesser time to execute ? Ensure that reports are free of error ? Gather requirements from in-house teams by understanding existing reporting process ? Perform testing of the report before launch ? Create and maintain relevant documents related to the automation for future use. Documents should contain information of source, in order to easily manage changes in future.Skills Required ? Excellent understanding of insurance business data, customer life cycle and their interconnections – preferably worked on insurance industry ? Should have hands-on experience of SQL, Macro, BI tools ? Advance knowledge & hand-on with MS Access and Excel ? Should have document maintenance skills ? Knowledge of RDBMS will be added advantage ? Post graduate in computer science / technical fields will be given preference

Key Responsibility AreasThe role-holder will be a part of Process Excellence Team from a cost, capability and delivery perspective. Will be leading or driving high impact Operational efficiency and re-engineering projects / initiatives leading to significant process changes across the organization in line with company’s strategy. The role holder will be responsible for creating process design / flows for transformational projects being taken up in the organization. He/she is expected to play the role of a ‘trusted advisor’ to the functional stakeholders by constructively challenging status quo and helping them drive cross functional change initiatives. He/she may act as a mentor/back up for six sigma improvement projects & re-engineering initiatives cutting across the organization. He/she is accountable for making moderately complex business decisions, working on low to high value financial improvement initiatives and creating an environment for development which is recognized as market leading both internally and externally. The role holder will generally interact with peers and/or management levels with clients or internal stakeholders to initiate / change and provide end-to-end management of the process design projects from initiation of the idea, through development of the business case, management of all aspects of program delivery (not just systems) and tracking of benefits. He / she will also be responsible to get sign offs from the respective business owners on each process design that is created.

The role involves formulating and implementing portfolio investment strategies by carrying out macroeconomic, industry specific and company research to create model ULIP portfolios with the objective of outperforming the respective benchmark and peers. It also involves nurturing and developing people in the investment team, to deliver outperformance vis-à-vis peers and benchmark and to take on higher responsibilitiesThe role also involves coordinating with the investment research team at our distributors in order to appropriately communicate our investment performance as well as the strategy being undertaken across all funds.The candidate will be responsible for ensuring all regulatory and statutory compliance along with adherence to risk management and other internal mandates.The role involves providing support to Fund Manager – Fixed Income (Non Linked funds) and Head Fixed Income.The job also involves liaising with investment professionals, keep abreast of their investment strategies being followed across funds, discuss impact of regulatory changes and making coordinated efforts with them in making representations to the regulator as well as any third party vendors.The role also involves maintaining a healthy working relationship with the treasury at our promoter banks so as to keep an ongoing exchange of views on current market trends as well as exploring ways to add value to our policyholders’ funds.The role is also responsible for reporting periodically on Fixed Income Fund performance to the Treasury and Investment Group (TIG) a group of executive management and board subcommittee overseeing the investment function, the Investment Committee (IC).

Key Responsibility Areas Responsible for internal, external and regulatory learning and development programs. The person will actively implement talent management & L&D strategies at Company. The said role involves understanding the business and functional needs and translating them into an executable Learning Plan with constant liaison the business leaders, business HR and Regional office Manager L&D will also drive key OD initiatives that align to the short-term goals and long term business strategies for the company, and primarily will support the technological platform for leveraging internal and external technical resource for driving Blended learning across Company. The profile will creating enabling tools for development in line with the current processes and strategies in critical HR processes as required, Mentoring exercises, Mid-level to junior level coaching – to expand and build a matured pipeline with multi-skilled workforce to meet the current and future business needs of Canara HSBC Life Insurance Company. The person is likely to operate as an internal consultant who will touch all areas of the organization, positively impacting the overall organizational development and an intuitive and open learning culture. Transactional Activities: Activities in implementation of wing to wing learning interventions, via technology and experiential amalgamation of delivery and user experience Facilitate design, development & delivery via service providers Liaison with learning partners to deliver OD & all-level-Leadership forums Liaison with Business leaders for cyclical follow through on the Individual Development plan Complete track of the qualitative trained workforce in the ranks

Compensation operations-o Provide any support with respect to compensation domain and related taskso Maintain database and share data points as and when required by the stakeholderso Generate or prepare any reports which are required as a part of the performance management system or/and compensation related aspectso Support with any additional task which pertains to the compensation domain and related aspects like annual compensation review, promotions, letter generation etc.o Communications and presentations related to any aspect of the compensation domaino Collaborate with the BHRs to address their requirements on hiring range and promotions etc. · Benefit operations - Manager all benefit related aspects and policies, namely (but not limited to):o Group MediClaimo Group Term Lifeo Group Personal Accidento Car Leaseo Wellbeing activities and sessions · Database management All relevant MIS and database to be maintained and managed for all aspects like GMC, GTL, Car lease etc. Control the entire database for all benefit domains and share the required cuts with relevant stakeholder as and when needed. Analyse the data for inferences and planning purposes. · Payroll inputs End to end payroll input processing for all relevant benefit aspects on a monthly basis. Review and validate the inputs from the vendors/stakeholders and share the same with the payroll team on a timely basis with zero errors. · Communication and promotion Work on entire communication framework for benefits. Regular communication and promotion of benefits and wellbeing aspects with employees. Evaluate innovative communication ideas to enhance the employee engagement and experience with respect to benefit offerings and policies. · Vendor management build and maintain direct relationship with all existing and new vendors to ensure a smooth operational functioning of each aspect. Regular coordination and interaction with all relevant vendors to address employee concerns and issues. Payment processing for all vendors on a timely basis and coordination with Finance team for the same. · Renewals and agreementsTake charge of the renewal process for all vendors and domains. Manage the end-to-end agreement process basis contract renewals and timelines. Coordinate between the vendors and the Legal team ensure timely closure. · Employee experience first point of contact for employees with respect to any benefit aspect and policies. Engage and support employees with their queries, issues and grievances. The role requires proactive collaboration between the vendor teams and the employees to provide timely resolution to employee concerns. · Employee wellbeing Plan and organize wellbeing sessions and activities in the HO and across locations in collaboration with the vendors. Regular wellbeing-oriented sessions to be conducted on a quarterly basis, along with the annual health check-up and regular health related camps for employees. · Market benchmarking Share insights from the peers in the industry and outside to gain information about good practice in the benefits domain. Share inputs on off-beat practices and what can be done to improve and enhance the existing benefit framework to remain competitive with the market and peers.

Key Responsibility Areas 1. Evolved Presentation and excel skills - quality and correctness of final output will be key deliverable2. Understanding of life insurance business -- Should know life insurance jargons and business measures.3. Ability to network internally and externally --- Should be a self starter once direction is provided.4. Timeliness --- should be cautious of timeliness and ensure that pre-discussions and pre-work is well planned. Qualifications, locations and competencies ( and exceptions that can be made)1. MBA will be preferred but not mandatory.2. Experience of at least 1 year in Life Insurance (in HO role) is preferred but we are ok with candidates who may have worked in a bank of any financial institution in similar capacity.3. High proficiency in English both written and spoken is a must and not negotiable.4. The candidate has to be based in Delhi NCR but we can make an exception if the candidate is good and wants to remotely operated.As a part of evaluation -1. We will assess presentation skills2. Know how of the industry3. Attitude and approach to problem solving

Key Responsibility AreasProduct Management is a strategic function with a bird’s eye view of all Growth and Profitability metrics. The position will be primarily responsible for ownership of Ideation to launch of New Products and aligned to Canara HSBC Life Insurance strategy. The role also requires to lead Product thinking on assigned LoB with end 2 end ownership of Product propositions and their adoption across distribution along with working closely with Channel heads. The incumbent will be empowered to lead all Strategic Product conversations. A set of Product Managers will report directly into this role, segmented by categories and line of business.

Job descriptionDesign and drive company's digital strategy in conjunction with the overall marketing objectives for the organizationOwn business targets from online channel and accordingly draft strategies, execution plans, interlock with product manager, run lead nurturing initiatives, engage with various marketing agencies and other marketing properties, monitor performance and own google analytics, monitor conversions on real time basis on various cohorts and work very closely with call centre to meet new business targets, drive content marketing and SEO, own and manage digital assets for the company.Lead the digital brand marketing activities, including SEO, SEM, digital film production & promotion, social advertising, ideation of creatives for various marketing initiatives, website and microsite management & relevant web initiativesDesign and Implement 360 degree integrated digital brand marketing communication for traffic & lead generationCreate promotional & seasonal campaigns to achieve business objectivesManaging the annual digital marketing budgetOverlook and meticulously manage project deliverables as per schedule, approved budget and objectivePlan & develop strategies for digital brand visibility, online sales channels, social media & performance campaignsDevelop, implement, and optimize online marketing campaigns for digital product brand initiativesTrack performance relative to targets and refine to optimize resultsRecommend and manage full year media campaign calendar and appropriate marketing tacticsMust be able to think out of the box, willingness to learn & must be detail orientedUndertake market and competitor research and analysisKeep up-to-date with search engine technology, methods, tools and relevant industry innovationsMonitor search engine ranking and traffic reports to assess areas of potential improvement.Monitor, track, and report, websites traffic including trend analysis using site analytics solutions such as Google etc.End to end delivery of digital marketing from strategizing, conceptualising, development of creatives, execution and monitoring the performanceDrive digital media spends for, to meet digital and brand objectives of the marketing campaignsDevelopment innovative website functionality as per industry standards and benchmarks Provide direction to third party agencies to design, develop, and support digital & web properties20. Determine key messaging and develop creative briefs for tactical campaign executions Develop and foster positive relationships with internal stakeholders to ensure efficient, effective delivery of campaigns in a timely and brand-consistent manner

ResponsibilitiesThis role is responsible for handling all Direct and Indirect tax matters of the company and includes:Handling all day to day and complex taxation mattersEnsuring monthly closure activities like ascertaining tax liability to be paid to the government related to state-level GST, TDS and other tax paymentsTimely filing of all tax returns including state-level GST Returns, TDS returns, Annual Returns, and ensuring allstatutory compliancesEnsuring effective controls within the workings and processes in the tax function through various reconciliationsand MIS reports.Supporting closure of various departmental audit conducted by tax authorities and appropriate disposition ofaudit queries and observationsTimely disposition of various tax related queries from tax authorities as well as various functions of thecompany.Filling of Form 15CA for payments made to non-residentsPerform various reconciliations, internal MIS reports and adhoc queries related to taxation.Supporting and ensuring timely filing of all the annual statutory compliance such as Income Tax Return,Transfer Pricing, Tax Audit.Supporting and following up with the taxation consultants for matters related to various tax mattersHandling any other tax related matters as per the requirement from the management.QualificationsBachelor's degree or equivalent experience in Accounting or Finance6+ years' of experience of professional tax experienceStrong communication and analytical skills

Role & Responsibilities Compensation & BenefitProvide any support with respect to compensation domain and related tasksMaintain database and share data points as and when required by the stakeholdersGenerate or prepare any reports which are required as a part of the performance management system or/and compensation related aspectsSupport with any additional task which pertains to the compensation domain and related aspects like annual compensation review, promotions, letter generation etc.Communications and presentations related to any aspect of the compensation domainCollaborate with the BHRs to address their requirements on hiring range and promotions etc. Preferred candidate profile Minimum of 5 year experience within a Compensation & Benefit Preferably Insurance Industry Experience in Compensation with excellent communication skills Energetic and motivating individual with Creative thinking Manager all benefit related aspects and policies, namely (but not limited to):Group MediClaimGroup Term LifeGroup Personal AccidentCar LeaseWellbeing activities and sessions