3 Insurance Protection Jobs

This position is responsible for performing vendor security assessments, analyzing risks, and processing exceptions to security standards and PEEP requests. The increasing regulatory and audit oversight of these critical activities emphasizes the importance of continued execution of these tasks. The key responsibilities of this role include conducting risk analysis, reporting metrics, and providing business support. This entails collaborating with business partners, leadership, vendor management, IT leaders, and staff. The position plays a crucial role in ensuring that vendor security assessments are conducted as required, meeting Ameriprise's regulatory obligations, capturing necessary requirements, ensuring timely responses, escalating issues as necessary, and reporting risks and security results to leaders. It also involves integrating these processes with CTI and managing the workload effectively. Additionally, the position is responsible for ensuring that exceptions are reported, escalated, addressed promptly, and consistently to reflect risks accurately, prevent them from becoming idle, and meet regulatory obligations. The candidate must be willing to work in the evening shift from 4:45 pm to 1:15 am and demonstrate the ability to work under pressure and coordinate with offshore/onshore teams. Required qualifications for this role include a degree in computer science, engineering, IT, or an equivalent technical field. Preferred certifications include ISO-27001, CISA, and CISM. Preferred qualifications entail in-depth knowledge and 2-4 years of experience working in the Global Risk and Compliance domain. Strong communication skills are essential for interacting with users globally on Information Security best practices, exceptions, assessments, and audit modules. Additional certifications such as ISO-27001, CISA, and CISM are considered advantageous. Ameriprise India LLP has been offering client-based financial solutions for 125 years, helping clients plan and achieve their financial objectives. As a U.S.-based financial planning company headquartered in Minneapolis with a global presence, the firm focuses on Asset Management and Advice, Retirement Planning, and Insurance Protection. Join a collaborative and inclusive culture that values your contributions and offers opportunities to work with talented individuals who share your dedication to excellence. This is an opportunity to make a difference both in the office and the community while working for an ethical company that cares. This is a full-time position with working hours from 4:45 pm to 1:15 am in the India Business Unit under the AWMP&S President's Office. The job family group is Technology.,

As a seasoned Operations professional in the life insurance industry, you will be responsible for providing day-to-day leadership and direction to a team of Operations professionals in the new business underwriting business. Your primary focus will be on ensuring timely and accurate resolution of service requests submitted by Advisors/clients, in accordance with defined Service Levels and operating procedures. In this role, you will serve as the point-person and operational expert, collaborating with Business counterparts, senior Leaders, and team members to manage and resolve process level issues on a daily basis. Key Responsibilities: Team Leadership & People Management: Lead, mentor, and develop a team of approximately 20 resources, ensuring high levels of performance, engagement, and productivity. You will review and approve insurance applications within assigned authority levels, ensuring underwriting practices align with company guidelines, local regulations, and market conditions. New Business Development: Oversee the onboarding and processing of new business associates, processors, analysts, and process leads. Ensure efficient and accurate handling of applications with a focus on customer satisfaction and regulatory compliance. Risk Assessment: Work closely with the stateside new business and underwriting team to assess and analyze potential risks in insurance applications, providing guidance on complex or high-value cases. Compliance and Quality Assurance: Ensure all underwriting and new business processes adhere to regulatory requirements, internal policies, and quality standards specific to the GCC market. Stakeholder Management: Collaborate with stakeholders and other departments to streamline the new business process and support business growth objectives. Performance Metrics: Monitor and report on key performance indicators (KPIs) related to new business activities, providing regular updates to senior management. Conduct performance reviews, merit increase recommendations, and development action planning. Market and Competitor Analysis: Stay informed of market trends and competitor activities in the GCC insurance market to adjust strategies as needed. Required Qualifications: - Bachelor's degree in finance, Business Administration, Insurance, or a related field. - 5+ years of relevant experience in insurance new business/underwriting roles, preferably within the GCC market. - Minimum 2-3 years of people leadership experience. - Strong understanding of insurance new business, underwriting principles, insurance regulations, and risk management. - Excellent communication and interpersonal skills. - Proficiency in underwriting software and tools, with strong analytical skills. - Experience in process transition, set up, training, development, and quality control for insurance new business & underwriting functions. Preferred Qualifications: - LOMA- ALMI, FLMI, AALU, FALU, III, MBA. - Ability to work under pressure and manage tight deadlines. - High attention to detail with a commitment to accuracy and compliance. - Strategic thinking and proactive problem-solving approach. - Customer-focused mindset with a dedication to delivering excellent service. - US healthcare exposure, especially in Life and disability Insurance new business and underwriting functions. - Life and Disability insurance industry product knowledge. - Underwriting risk selection basics and conceptual understanding. About Our Company: Ameriprise India LLP has been providing client-based financial solutions for 125 years, with a focus on Asset Management, Retirement Planning, and Insurance Protection. Join our inclusive and collaborative culture to work with talented individuals who share your passion for doing great work and making a difference in the community. (Note: This job description is for a Full-Time position with timings from 8:00 PM to 4:30 AM in the AWMP&S President's Office within the Business Support & Operations job family group.),

As a seasoned professional in the insurance industry, you will take on the role of leading and guiding a team of Operations professionals specializing in life insurance new business underwriting. Your primary objective will be to ensure timely and accurate resolution of service requests from Advisors/clients, in accordance with defined Service Levels and operating procedures. You will serve as the point-person and operational expert, collaborating with Business counterparts, senior Leaders, and team members to effectively manage and resolve process level issues on a daily basis. Your key responsibilities will include: Team Leadership & People Management: Lead, mentor, and develop a team of at least 20 resources within the new business and underwriting department. You will be responsible for ensuring high levels of performance, engagement, and productivity among team members. Additionally, you will review and approve insurance applications within assigned authority levels, ensuring adherence to underwriting practices in line with company guidelines, local regulations, and market conditions. New Business Development: Oversee the onboarding and processing of new business associates, processors, analysts, and process leads. Your focus will be on handling applications efficiently and accurately, with a strong emphasis on customer satisfaction and regulatory compliance. Risk Assessment: Collaborate closely with the stateside new business and underwriting team to assess and analyze potential risks in insurance applications. Your expertise will provide guidance on complex or high-value cases, ensuring thorough risk assessment. Compliance and Quality Assurance: Ensure strict adherence to regulatory requirements, internal policies, and quality standards specific to the GCC market within all underwriting and new business processes. Stakeholder Management: Engage with stakeholders across departments to streamline the new business process and support business growth objectives effectively. Performance Metrics: Monitor and report on key performance indicators (KPIs) related to new business activities, providing regular updates to senior management. You will also review team members" performance, document progress checks, conduct annual reviews, and make recommendations for merit increases and promotions. Market and Competitor Analysis: Stay informed about market trends and competitor activities within the GCC insurance market. Adjust strategies as needed to remain competitive in the industry. To qualify for this role, you should possess the following qualifications: - Bachelor's degree in finance, Business Administration, Insurance, or a related field. - 5+ years of relevant experience in insurance new business/underwriting roles, preferably within the GCC market. - Minimum 2-3 years of people leadership experience. - Proven leadership experience in managing and developing teams. - Strong understanding of insurance new business, underwriting principles, insurance regulations, and risk management. - Excellent communication and interpersonal skills to engage effectively with internal and external stakeholders. - Proficiency in underwriting software and tools, with strong analytical skills. - Knowledge of the GCC insurance market and its regulatory environment is highly desirable. - Experience in process transition and set up, training and development, as well as quality control and audits for insurance new business & underwriting functions. Preferred qualifications include certifications such as LOMA- ALMI, FLMI, AALU, FALU, III, MBA, and experience in US healthcare, particularly in Life and disability Insurance new business and underwriting functions. Additionally, familiarity with Life and Disability insurance industry product knowledge and underwriting risk selection basics will be advantageous. About Our Company: Ameriprise India LLP has been a trusted provider of client-based financial solutions for 125 years, helping clients plan and achieve their financial objectives. As a part of our team, you will contribute to our focus areas including Asset Management and Advice, Retirement Planning, and Insurance Protection. Join us in an inclusive and collaborative culture that values your contributions and offers opportunities for personal and professional growth. This is a full-time position with working hours scheduled from 8:00 PM to 4:30 AM. If you are a driven professional with a passion for the insurance industry and a dedication to delivering excellent service, Ameriprise India LLP offers you the platform to excel in your career and make a difference in the community. Join us and be a part of a strong ethical company that cares about its employees" growth and success.,