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Policy Administration Manager (Life Insurance)

ExperiencedNo visa sponsorship
AXA logo

at AXA

Other

Posted 13 days ago

No clicks

**Policy Administration Manager (Life Insurance)** Lead end-to-end policy administration (Life Policy), ensuring accuracy, compliance, and driving enhancements. Oversee a team of policy administrators, fostering efficiency, accuracy, and professional development. Key responsibilities include process optimization, stakeholder communication, compliance management, data reporting, and collaboration with other departments. Proven experience (8-10 years) in Life Insurance Policy Administration, strong leadership skills, and compliance awareness are essential. Knowledge of AI and automation in insurance is desirable. Join AXA Hong Kong and Macau, a global insurer committed to driving human progress and sustainability.

Compensation
Not specified

Currency: Not specified

City
Hong Kong
Country
Hong Kong

Full Job Description

Responsibilities: 1. Policy Administration Oversight Manage and oversee the end-to-end administrative processes related to life policy administration. Ensure policy administration flow is accurate, complete, and comply with internal policies and regulatory requirements. Monitoring policy administration and adjustment for ILAS cases. Provide Fund Administration support for HNW policies. 2. Team Leadership and Supervision Lead and supervise the policy administration team, providing guidance, training, and support to ensure high efficiency and accuracy. Monitor team performance and conduct regular performance reviews. 3. Process Improvement and Optimization Identify opportunities for process automation and workflow enhancements to increase efficiency and reduce errors. Implement new procedures and ensure the team comply with updated standards. 4. Customer Service and Stakeholder Communication Act as a point of contact for internal and external stakeholders regarding policy administration queries. Ensure timely and professional communication with clients, agents, and other departments. 5. Compliance and Risk Management Ensure all policy processes adhere to internal controls, regulatory standards, and company policies. Conduct regular reviews to mitigate operational risks. 6. Data Management and Reporting Maintain accurate policy records and databases. Prepare regular reports on policy processing status, error rates, and process performance metrics. 7. Coordination with Other Departments Collaborate with underwriting, claims, sales channels, and IT teams to facilitate seamless policy administration and system integration. 8. Training and Development Develop training materials and conduct training sessions to keep the team updated on policy procedures and regulatory changes. 9. Incident Escalation and Issue Resolution Escalate system issues, process errors, or operational incidents promptly to the relevant support teams. Follow up on escalated incidents to ensure timely resolution and prevent recurrence. Qualifications & Skills: Bachelor's degree or above Approximately 8-10 years of experience in Policy Administration or Policy Servicing within the Life Insurance industry Strong people management and task prioritization abilities Excellent stakeholder management and conflict resolution skills Good understanding of system workflows, data analytics, and process flows, with a focus on continuous improvement and automation Awareness of compliance requirements and regulatory standards Experience in change management, system enhancements, and the adoption of AI and automation solutions is highly desirable Knowledge of Life Insurance products and current industry trends About AXA Hong Kong and Macau AXA Hong Kong and Macau is a member of the AXA Group, a leading global insurer with presence in 52 markets and serving 92 million customers worldwide. Our purpose is to act for human progress by protecting what matters. As one of the most diversified insurers in Hong Kong, we offer integrated solutions across Life, Health and General Insurance. We are the largest General Insurance provider and a major Health and Employee Benefits provider. Our aim is to not only be the insurer to provide comprehensive protection to our customers, but also a holistic partner to the individuals, businesses and community we serve. At the core of our service commitment is continuous product & service innovation and customer experience enrichment, which is achieved through actively listening to our customers needs and leveraging and investing in technology and digital transformation. We embrace our responsibility to be a driving force against climate change and a force for good to create shared value for our community. We are proud to be the first to address the importance of mental health through different products and services and thought leading iconic research. Our overall Sustainability Strategy, with emphasis on climate strategy and biodiversity commitment, is developed based on TCFD recommendations. We are committed to integrating environmental, social and governance factors across our business and strive to contribute to a sustainable future through 3 distinct roles - as an investor, an insurer and an exemplary company. AXA is an equal opportunity employer. We are committed to promoting Inclusion and Diversity (I&D) by creating a work environment where all employees are treated with dignity, respect, and where individual differences are valued. We welcome and treasure diverse profiles to join our big family, and to build an inclusive culture together which allows everyone to maximise their personal potential. Our people strategies are designed to enhance employee well-being and professional growth, ultimately empowering them to excel within the company. Click here to learn more about our Benefits (https://www.axa.com.hk/en/benefits), Culture (https://www.axa.com.hk/en/culture-and-values), & Career Development (https://www.axa.com.hk/en/career-development).

Policy Administration Manager (Life Insurance)

Compensation

Not specified

City: Hong Kong

Country: Hong Kong

AXA logo
Other

13 days ago

No clicks

at AXA

ExperiencedNo visa sponsorship

**Policy Administration Manager (Life Insurance)** Lead end-to-end policy administration (Life Policy), ensuring accuracy, compliance, and driving enhancements. Oversee a team of policy administrators, fostering efficiency, accuracy, and professional development. Key responsibilities include process optimization, stakeholder communication, compliance management, data reporting, and collaboration with other departments. Proven experience (8-10 years) in Life Insurance Policy Administration, strong leadership skills, and compliance awareness are essential. Knowledge of AI and automation in insurance is desirable. Join AXA Hong Kong and Macau, a global insurer committed to driving human progress and sustainability.

Full Job Description

Responsibilities: 1. Policy Administration Oversight Manage and oversee the end-to-end administrative processes related to life policy administration. Ensure policy administration flow is accurate, complete, and comply with internal policies and regulatory requirements. Monitoring policy administration and adjustment for ILAS cases. Provide Fund Administration support for HNW policies. 2. Team Leadership and Supervision Lead and supervise the policy administration team, providing guidance, training, and support to ensure high efficiency and accuracy. Monitor team performance and conduct regular performance reviews. 3. Process Improvement and Optimization Identify opportunities for process automation and workflow enhancements to increase efficiency and reduce errors. Implement new procedures and ensure the team comply with updated standards. 4. Customer Service and Stakeholder Communication Act as a point of contact for internal and external stakeholders regarding policy administration queries. Ensure timely and professional communication with clients, agents, and other departments. 5. Compliance and Risk Management Ensure all policy processes adhere to internal controls, regulatory standards, and company policies. Conduct regular reviews to mitigate operational risks. 6. Data Management and Reporting Maintain accurate policy records and databases. Prepare regular reports on policy processing status, error rates, and process performance metrics. 7. Coordination with Other Departments Collaborate with underwriting, claims, sales channels, and IT teams to facilitate seamless policy administration and system integration. 8. Training and Development Develop training materials and conduct training sessions to keep the team updated on policy procedures and regulatory changes. 9. Incident Escalation and Issue Resolution Escalate system issues, process errors, or operational incidents promptly to the relevant support teams. Follow up on escalated incidents to ensure timely resolution and prevent recurrence. Qualifications & Skills: Bachelor's degree or above Approximately 8-10 years of experience in Policy Administration or Policy Servicing within the Life Insurance industry Strong people management and task prioritization abilities Excellent stakeholder management and conflict resolution skills Good understanding of system workflows, data analytics, and process flows, with a focus on continuous improvement and automation Awareness of compliance requirements and regulatory standards Experience in change management, system enhancements, and the adoption of AI and automation solutions is highly desirable Knowledge of Life Insurance products and current industry trends About AXA Hong Kong and Macau AXA Hong Kong and Macau is a member of the AXA Group, a leading global insurer with presence in 52 markets and serving 92 million customers worldwide. Our purpose is to act for human progress by protecting what matters. As one of the most diversified insurers in Hong Kong, we offer integrated solutions across Life, Health and General Insurance. We are the largest General Insurance provider and a major Health and Employee Benefits provider. Our aim is to not only be the insurer to provide comprehensive protection to our customers, but also a holistic partner to the individuals, businesses and community we serve. At the core of our service commitment is continuous product & service innovation and customer experience enrichment, which is achieved through actively listening to our customers needs and leveraging and investing in technology and digital transformation. We embrace our responsibility to be a driving force against climate change and a force for good to create shared value for our community. We are proud to be the first to address the importance of mental health through different products and services and thought leading iconic research. Our overall Sustainability Strategy, with emphasis on climate strategy and biodiversity commitment, is developed based on TCFD recommendations. We are committed to integrating environmental, social and governance factors across our business and strive to contribute to a sustainable future through 3 distinct roles - as an investor, an insurer and an exemplary company. AXA is an equal opportunity employer. We are committed to promoting Inclusion and Diversity (I&D) by creating a work environment where all employees are treated with dignity, respect, and where individual differences are valued. We welcome and treasure diverse profiles to join our big family, and to build an inclusive culture together which allows everyone to maximise their personal potential. Our people strategies are designed to enhance employee well-being and professional growth, ultimately empowering them to excel within the company. Click here to learn more about our Benefits (https://www.axa.com.hk/en/benefits), Culture (https://www.axa.com.hk/en/culture-and-values), & Career Development (https://www.axa.com.hk/en/career-development).