Financial Benefits Assistant Manager

Job Title

Candidate Expectations:

• Candidate should have 7 years of relevant experience
• With minimum 1.5 years of people management experience.
• Willing to work in nightshifts
• Should be from healthcare background

Key roles and responsibility:

• Lead the preparation and review of experience reports that assess client financial status, including tracking expenses, funding levels, and rates by Employee Benefit Plans.
• Present insights to internal stakeholders and support client discussions.
• Oversee the development of financial forecasts and strategic recommendations aligned with client objectives and renewal planning.
• Ensure consistency and quality across deliverables.
• Guide the estimation of reserves for claims incurred but not yet reported, ensuring alignment with financial standards and supporting client stability
• Review and refine client-specific financial and performance reports, ensuring key metrics and trends are clearly communicated to support strategic decisions.
• Ensure accuracy and reliability in financial calculations by validating methodologies and reviewing outputs across the team.
• Collaborate with account management teams to shape renewal strategies that reflect client goals and financial insights.
• Support negotiation planning and execution.
• Validate that all analyses are logical, comprehensive, and aligned with business objectives
• Foster strong relationships with onshore and offshore teams.
• Coordinate cross-functional collaboration and proactively resolve queries to ensure seamless execution.
• Participate in client meetings and support underwriting discussions by providing financial insights and tailored recommendations.
• Manage multiple priorities effectively, maintaining attention to detail and ensuring timely delivery under tight deadlines.
• Lead onboarding, training, and mentoring of new team members.
• Cultivate a culture of collaboration, accountability, and continuous improvement.

US Health Insurance / Group Insurance Experience:

• Strong understanding of benefit structures, funding mechanisms, and regulatory considerations within the U.S. insurance landscape.
• Domain Knowledge in Insurance / Reinsurance: Solid grasp of insurance principles, financial modelling, and risk assessment practices