Tuesday, January 02, 2007

ICICI Prudential Life Insurance Company

ICICI Prudential Life Insurance co Ltd

Company Profile

ICICI Prudential Life Insurance Company is the country's leading private life insurance company. It is a joint venture between ICICI Bank, a premier financial powerhouse, and Prudential plc, a leading international financial services group headquartered in the United Kingdom.ICICI Prudential was amongst the first private sector insurance companies to begin operations in December 2000 after receiving approval from Insurance Regulatory Development Authority (IRDA).ICICI Prudential's equity base stands at Rs. 675 crore with ICICI Bank and Prudential plc holding 74% and 26% stake respectively. In the year ended March 31st 2004, the company issued in excess of 430,000 policies, with a total sum assured of over Rs. 8000 crores and a premium income in excess of Rs. 980 crores. In terms of distribution strength, the company has about 30,000 advisors and some 12 Bancassurance tie-ups.

Designation Assistant Manager Risk Management (AM-RM).

Experience 1 - 2 years

Job DescriptionRole Purpose: Assist in strategizing for & monitoring the enterprise sales & operational risks mitigation activities.

Organization Context: The AM-RM would play a key role in identifying key operational risks faced by the Company and assist in defining mitigation plans as well as monitoring action against the same. The role will be holistic in nature and will provide opportunities to delve into varied areas of risk management including retail sales risk & operations risk.

Key Accountabilities:

1.Evaluating new risks faced in sales & operations due to the ever-changing environment
2.Building awareness for risk management
3.Assisting in periodic reporting to the management and risk management committee
4.Root Cause analysis of key risks faced b the company and their impact
5.Investigations
6.Identifying fraud scenarios and mitigation plans

Location Mumbai

Education UG - Any Graduate - Any Specialization
PG - CA,MBA/PGDM - Any Specialization.

Apply Here

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