Employee Benefits

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profile Job Location:

Mumbai - India

profile Monthly Salary: Not Disclosed
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

dfef
  • Candidates should have experience in employee benefits specifically in medical insurance.
  • Understanding of GP HG GMC & GTL policies is crucial as they will be creating endorsements. (basically group medical policy group terminal illness policy term life accident and Mediclaim they should issue endorsements for these policies)
  • EB candidates must have experience in:
    • Broker-to-broker handling.
    • Managing the following group term policies:
      • GMA (Group Medical Assurance)
      • GMC (Group Medical Coverage)
      • GTA (Group Term Assurance)
    • Data Management.
    • Excellent Excel skills

  1. Basic Information

Job Title

Sr. Process Analyst

Report to (Job Title)

Client Services GGB - Sr. Process Analyst

Department

GGB India

Direct Reports (Job Title)

Team Manager

Division

Operations

Location

Mumbai

  1. About Gallagher:

Gallagher is one of the leading insurance brokerage risk management and HR & benefits consulting companies in the world. With significant reach internationally our organization employs over 52000 people and our global network provides services in more than 130 countries.

Gallagher Center of Excellence (GCoE) supports the Gallagher team around the globe and around the clock by providing a wide range of services from back office and administrative services to knowledge intensive and niche services. Its a crucial component of Gallaghers ability to provide industry-leading quality customer service regulatory compliance and improved speed to market. We combine functional expertise industry knowledge and technology with a passion for excellence to deliver mission-critical services for our global staff.

GCoE is a team of 11000 employees across five locations Bengaluru Pune and Mumbai Kolhapur & Shimoga providing reliable fast and high-quality support. Working at the GCoE gives you the opportunity to join a growing global organization. We offer our employees an unmatched professional environment to use their skills improve their knowledge and deliver tangible results.

At Gallagher we want to empower you to make a difference take control and make an impact. Gallagher believes that all persons are entitled to equality in our employment opportunities.

  1. 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.

  1. 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

  1. 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

  1. 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

  1. 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 3 years of experience of Employee Benefits in Insurance domain

dfef Candidates should have experience in employee benefits specifically in medical insurance. Understanding of GP HG GMC & GTL policies is crucial as they will be creating endorsements. (basically group medical policy group terminal illness policy term life accident and Mediclaim they should is...
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Key Skills

  • Sales Experience
  • Microsoft Office
  • Customer Service
  • Communication skills
  • Microsoft Outlook
  • Microsoft Word
  • Business Management
  • Benefits Administration
  • Microsoft Excel
  • Insurance Sales
  • Customer relationship management
  • Human Resources