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Max Financial Services

Assistant Vice - President - Quality and Service Excellence

Early Applicant
  • 28 days ago
  • Be among the first 50 applicants
Exp: 10-12 Years

Banking/Accounting/Financial Services

Job Description

Position

Assistant Vice President - Quality, Service Excellence & Innovation

Incumbent

Department

Quality

Function

Quality, Service Excellence & Innovation

Reporting to

Vice-President - - Quality, Service Excellence & Innovation

Band

4B

Location

Gurugram

Team size (D/I)

IC

JOB SUMMARY

Responsible for managing Quality, Service Excellence & Innovation for distribution channels. The candidate is expected to lead & deliver outcomes in areas of Revenue, Cost Save/Avoidance & Customer Experience through transformational quality initiatives. Key deliverable areas will be leading large scale CFT projects using methodologies like Lean Six-Sigma/Design Thinking/Innovation, Managing Process Excellence Training delivery and building the Quality DNA in the organization.

KEY RESPONSIBILITIES

Project Management and Delivery - Six Sigma

  • Execute high impact strategic, transformational projects using suitable six-sigma methodology for Distribution Functions driving business growth & revenue.
  • Mentor Lean Six Sigma/Design BB/GB projects for improving process efficiency, revenue, cost save/avoidance.
  • Facilitating change & stakeholder management as part of transformational programs and improvement projects
  • Project management through robust governance, review structure and dash boarding to Sr. leadership, Sponsor, Champion and CFTs.
  • Work with project teams for representing the function/organization in various external/internal Quality Competitions.
  • Conduct internal/external benchmarking and in-sighting for best practice identification and replication
Process Excellence (Business Process Management System, BPM)

  • Drive end to end BPM with functional teams for improving process efficiency and process maturity index.
  • Enable process gap analysis with business teams with solution identification and monitoring to ensure deployment
  • Work with business training teams to design process level training and certification program and drive adoption in partnership with business

Quality Culture and Capability Building

  • Building and measuring Quality - DNA through optimum trainings and other initiatives (Trainings include Yellow Belt, GB, BB, Basic Tools etc.)
  • Reporting of Quality initiatives to Sr. management
  • Support in last mile deployment of all Quality initiatives at functional level

MEASURES OF SUCCESS

  • Six Sigma project closures
  • Business Impact achieved
  • BPM deployment & Process Maturity
  • Improved QDNA Scores
  • Governance through reviews and dashboarding

KEY RELATIONSHIPS (Internal /External)

Internal: Business heads, Quality head,Cross functional teams, Quality team, Sellers

External: As applicable (End Customers, business partners, advisors)

KEY COMPETENCIES/SKILLS

  • Change Management
  • Stakeholder Management
  • Growth Mindset
  • Team Management & Development
  • Lean Six Sigma
  • Design Thinking
  • Innovation Tools
  • Project management
  • Analytical Thinking
  • Statistical Skills
  • Strong Communication/Presentation Skills
  • Facilitation and interpersonal skills

DESIRED QUALIFICATION AND EXPERIENCE

  • Certified Black Belt experience is a must with knowledge of Minitab tool.
  • Knowledge of insurance sector is preferred.
  • Experience in design thinking, innovation in addition to DMAIC.
  • Experience of team management & development.
  • Graduate with 10+ years experience in driving lean sig-sigma improvement and transformational projects in BSFI, preferable with experience in the Insurance sector and/or in distribution functions.
  • Process improvement experience via Kaizens and other LEAN tools.

Position

Assistant Vice President - Quality, Service Excellence & Innovation

Incumbent

Department

Quality

Function

Quality, Service Excellence & Innovation

Reporting to

Vice-President - - Quality, Service Excellence & Innovation

Band

4B

Location

Gurugram

Team size (D/I)

IC

JOB SUMMARY

Responsible for managing Quality, Service Excellence & Innovation for distribution channels. The candidate is expected to lead & deliver outcomes in areas of Revenue, Cost Save/Avoidance & Customer Experience through transformational quality initiatives. Key deliverable areas will be leading large scale CFT projects using methodologies like Lean Six-Sigma/Design Thinking/Innovation, Managing Process Excellence Training delivery and building the Quality DNA in the organization.

KEY RESPONSIBILITIES

Project Management and Delivery - Six Sigma

  • Execute high impact strategic, transformational projects using suitable six-sigma methodology for Distribution Functions driving business growth & revenue.
  • Mentor Lean Six Sigma/Design BB/GB projects for improving process efficiency, revenue, cost save/avoidance.
  • Facilitating change & stakeholder management as part of transformational programs and improvement projects
  • Project management through robust governance, review structure and dash boarding to Sr. leadership, Sponsor, Champion and CFTs.
  • Work with project teams for representing the function/organization in various external/internal Quality Competitions.
  • Conduct internal/external benchmarking and in-sighting for best practice identification and replication
Process Excellence (Business Process Management System, BPM)

  • Drive end to end BPM with functional teams for improving process efficiency and process maturity index.
  • Enable process gap analysis with business teams with solution identification and monitoring to ensure deployment
  • Work with business training teams to design process level training and certification program and drive adoption in partnership with business

Quality Culture and Capability Building

  • Building and measuring Quality - DNA through optimum trainings and other initiatives (Trainings include Yellow Belt, GB, BB, Basic Tools etc.)
  • Reporting of Quality initiatives to Sr. management
  • Support in last mile deployment of all Quality initiatives at functional level

MEASURES OF SUCCESS

  • Six Sigma project closures
  • Business Impact achieved
  • BPM deployment & Process Maturity
  • Improved QDNA Scores
  • Governance through reviews and dashboarding

KEY RELATIONSHIPS (Internal /External)

Internal: Business heads, Quality head,Cross functional teams, Quality team, Sellers

External: As applicable (End Customers, business partners, advisors)

KEY COMPETENCIES/SKILLS

  • Change Management
  • Stakeholder Management
  • Growth Mindset
  • Team Management & Development
  • Lean Six Sigma
  • Design Thinking
  • Innovation Tools
  • Project management
  • Analytical Thinking
  • Statistical Skills
  • Strong Communication/Presentation Skills
  • Facilitation and interpersonal skills

DESIRED QUALIFICATION AND EXPERIENCE

  • Certified Black Belt experience is a must with knowledge of Minitab tool.
  • Knowledge of insurance sector is preferred.
  • Experience in design thinking, innovation in addition to DMAIC.
  • Experience of team management & development.
  • Graduate with 10+ years experience in driving lean sig-sigma improvement and transformational projects in BSFI, preferable with experience in the Insurance sector and/or in distribution functions.
  • Process improvement experience via Kaizens and other LEAN tools.

Skills Required

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Date Posted: 27/10/2024

Job ID: 98275417

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About Company

Max Group is an Indian conglomerate headquartered in New Delhi, India, operating in the fields of life insurance, healthcare, hospitality, real estate and independent senior living. It was founded in 1985 by Analjit Singh

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