Sr Analyst| 1 To 5 Yrs| Employee Benefits| Hybrid| Mumbai
3 days ago
Job Title : Jr/Sr. Process Analyst - Employee Benefits
Location : Mumbai
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IMMEDIATE JOINERS ALERT
We're looking for candidates who can join immediately.
If you're available, please send your CV via WhatsApp only to:
Please note: No calls will be entertained.
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Must Have :
- Premium Calculations,
- Maintaining cash deposit trail balance
- Issuing Ecard
- Booking revenue on the system
Experience :
- Jr - 1 to 3 Yrs up to 4.5 LPA
- Sr - 3 to 5 Yrs up to 7 LPA
Position Summary
We are hiring an Associate to Employee Benefits process for ensuring the quality and effectiveness of business, products, and services within India business. Process endorsement calculation and issuance tasks process for end-to-end client servicing of accounts per IRDAI guidelines. This role requires a comprehensive understanding of the policy life cycle, and the various actions required for New Business/Renewals and Mid-Term Adjustments.
Primary Responsibilities
- Processing of Monthly/Weekly/Daily request for addition/deletion/correction of employee for all accounts
- Prepare premium calculation and ensure master file is consistently updated and maintained
- Check and maintain Cash Deposit trail balance
- Ensure issuance of E-cards in timely manner
- Book the revenue on the system, ensuring all the transactions are accurately recorded and aligned with the clients requirements
Additional Responsibilities
- Coordinate closely with clients and underwriters to ensure smooth processing of all transactions, maintaining clear communication and addressing issues promptly
- Ability to think critically and make sound judgments based on the evidence presented
- Understanding of best practices in business processes and quality assurance
- Ability to work independently and as part of a team to achieve quality and compliance objectives
- Commitment to maintaining confidentiality and handling sensitive information appropriately
- Willingness to continuously learn and develop new skills to enhance audit effectiveness
Skills and Competencies
- Proficiency in Excel (calculations, pivot etc)
- Soft Skills - Email Writing skills
- Technical Proficiency and Understanding of Insurance service
- Excellent Written and Oral communication skills
- Interpersonal skills
- Ownership and Accountability
- Insurance domain knowledge
Minimum Qualifications
- Education Major Any Graduate or Post Graduate with any Specialization
- Degree Bachelor Master
- Licenses/Certificates
- Insurance Certification will be the additional advantage
Work Experience
- Minimum 1-5 years of experience of Employee Benefits in Insurance domain
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