Manager, Operations

Posted 4 Hours Ago
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Hyderabad, Telangana, IND
In-Office
Expert/Leader
Big Data • Fintech • Information Technology • Insurance • Financial Services
MassMutual is leading the financial services industry in digital enablement
The Role
Lead a Hyderabad insurance operations team (30-50 people), manage daily operations, KPIs, budgets, continuous improvement, transitions, performance and stakeholder management, and ensure regulatory compliance and collaboration with US teams.
Summary Generated by Built In

Who We Are – MassMutual India
Since 1851, MassMutual’s commitment has always been to help people protect their families, support their communities, and help one another. Therefore, we want to inspire people to Live Mutual. We at MassMutual value diversity and inclusion. We’re people helping people
A career with us means you will work alongside exceptional people and be empowered to reach your professional and personal goals.  Our employees are the foundation of what makes MassMutual a strong, stable, and ethical business.  We seek and value unique and varied perspectives and experiences because we believe we are stronger when all voices are heard. We invite you to bring your bright, innovative ideas to MassMutual as we continue to help millions of Americans rely on each other.
Together, we’re stronger.

Job Description

About MassMutual

Since 1851, MassMutual’s commitment has always been to help people protect their families, support their communities, and help one another. Therefore, we want to inspire people to Live Mutual. We at MassMutual value diversity & inclusion. We’re people helping people. A career with us means you will work alongside exceptional people & be empowered to reach your professional & personal goals. Our employees are the foundation of what makes MassMutual a strong, stable, and ethical business. We seek, value unique &varied perspectives &experiences because we believe we are stronger when all voices are heard. We invite you to bring your bright, innovative ideas to MassMutual as we continue to help millions of Americans rely on each other.

Roles & Responsibilities

  •  Manage resources at the local level (a team/unit within a department or a small department). Oversee the daily operation of the department. Manage staff in the development and implementation of departmental policies, procedures, and programs. Ensure adherence to company policy and governmental regulations. Assist in managing departmental structure, employee development, training, and planning. 
        People management/ leadership: 30 - 50 persons; Direct reports (if) at Assistant Managers level 
        Help build, monitor, and manage the execution plan for the India Hyderabad Insurance Operations team
        Manage line of business processes (operations) with significant financial and operational risk 
        Develop and manage daily and other periodic key performance metrics and dashboards which include quality, cycle time, service levels and Customer satisfaction
        Create and monitor a robust diversity and inclusion strategy that delivers better business results and imbeds diversity & inclusion into the culture of the team. Engage and inspire others to build a culture of innovation, inclusion, and diverse thought leadership 
        Utilize continuous improvement tools and techniques to constantly check and adjust to ensure we maintain our key metrics and meet the expectations of one of our advisors. 
        Partner with other areas within Insurance Operations to ensure best practices and efficiencies. 
        Assist in managing the annual operating budget for the team and interface with corporate finance partners 
        Identify opportunities to identify strengths of the new organization and leverage them 
        across the broader team 
        Partner closely across the organization to ensure collaboration and connections are made across projects, priorities, and functions 
        Other assignments as needed

Required Skills

  • Bachelor’s degree or related extensive business experience required
  • Demonstrated abilities and experience in the US Insurance Operations
  • 11-14 years of Insurance operations experience in one or more disciplines preferred: Life insurance, annuities, and Retirement Services
  • Strong understanding of US Insurance operational platforms and workflows
  • Abreast of industry rules and regulations, and ability to balance risk
  • Strong analytical and problem-solving skills with superior communication and organizational skills
  • Successful experience leading employees including building culture and career development
  • Must be a collaborative partner within the broader US and India Insurance Operations team
  • Expert at juggling multiple priorities through strong leadership and collaboration skills
  • Ability to prioritize complex and competing demands while flexing and adapting to the evolving environment
  • Innovative mindset
  • Demonstrated decisive decision making
  • Experienced with taking complex data and scenarios and developing the story to present to senior leadership
  • Strong Proficiency in MS Office
  • Sound Reporting / MIS Skills
  • Excellent Interpersonal Skills
  • Sig Sigma knowledge/ Certified / Trained
  • Experience in managing Transition and driving Continuous Improvement
  • Exposure to Performance Management, Escalation Management, Change Management, and Stakeholder Management
  • Experience in Appraisal Mechanism and Performance Management
  • Open to Night Shifts (US Time zone)

Why Join Us?
We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products, and services. To accomplish this, we celebrate an inclusive, vibrant, and diverse culture that encourages growth, openness, and opportunities for everyone. A career with MassMutual, Great Place to Work® certified and India's Best Workplaces in BFSI 2023 - Top 50 organization means you will be part of a strong, stable, and ethical business with industry leading pay and benefits. And your voice will always be heard.
Does this sound like a great fit? Apply today!

Skills Required

  • Bachelor's degree or related extensive business experience
  • Experience in US Insurance Operations
  • 11-14 years of insurance operations experience (life insurance, annuities, retirement services)
  • Strong understanding of US insurance operational platforms and workflows
  • Knowledge of industry rules and regulations and ability to balance risk
  • Strong analytical and problem-solving skills
  • Superior communication and organizational skills
  • Proven experience leading employees, building culture and career development
  • Collaborative partnership with broader US and India Insurance Operations teams
  • Ability to manage multiple priorities and adapt in evolving environments
  • Innovative mindset and decisive decision making
  • Experience presenting complex data and scenarios to senior leadership (storytelling)
  • Strong proficiency in MS Office
  • Sound reporting / MIS skills
  • Six Sigma knowledge / certified / trained
  • Experience managing transitions and driving continuous improvement
  • Exposure to performance management, escalation management, change management, stakeholder management
  • Experience in appraisal mechanisms and performance management
  • Willingness to work night shifts (US time zone)

What the Team is Saying

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The Company
Hyderabad, Telangana
Year Founded: 2020

What We Do

With our world class Global Capability Centre (GCC) in the heart of Hyderabad, we at MassMutual are extending a nearly 170-year legacy of securing futures and protecting loved ones to Telangana, India in 2020. The Hyderabad GCC has been established to explore the global talent pool with an in-house team of experts in full-stack Development & Support, DevOps, Quality Assurance, Security & Cloud Engineering, Data Science and several other areas such as insurance, business, security, and operations. Living Mutual has always been at the core of MassMutual’s purpose. Since 1851, MassMutual’s mutual way of life has been reflected in its various initiatives, be it Social Responsibility, Corporate Governance, or Diversity & Inclusion. With the opening of our Hyderabad facility, you’ll not only get to work in our innovative, state-of-the-art Global Capability Centre, you’ll also be supported by colleagues in our global MassMutual community. Spread across 73000+ square feet facility on the 7th floor of BSR IT SEZ, the Global Capability Center in Hyderabad can house more than 600 employees. Located at the heart of Financial District, the facility boasts of work class infrastructure and amenities, enabled by state-of-the-art technology and security systems. In-house gymnasium / aerobics center, yoga room, indoor games room, mothers’ / wellness room, 200+ seater cafeteria, high-rise & lounge seating are some of the amenities available for the employees. The SEZ facility will also provide common creche and eat-out restaurants in the building premises, once operational. Join us now to collaborate with teams across the world on projects and initiatives that will contribute to the growth of MassMutual as a global financial services leader.

Why Work With Us

MassMutual is leading the financial services industry in digital enablement, and the new MassMutual India Global Capability Center is a result of this effort. We are here to empower careers and help people secure their futures through innovation and technology.

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MassMutual India Offices

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Hyderabad, Telangana

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