Analyst -Financial Benefits Gallagher Service Center (GSC)

1.0 - 6.0 years

5 - 7 Lacs

pune, bengaluru, mumbai (all areas)

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JOB TITLE: Analyst - Financial Benefits DIVISION: Gallagher Benefit Services LOCATION: Gallagher Center of Excellence, India Locations JOB FUNCTION: Analytics, Data & Advisory JOB FAMILY: Analytics REPORTS TO (Title of Immediate Supervisor): Assistant Manager / Deputy Manager DATE WRITTEN: 8/14/25 REVISION DATE: 8/14/25 ATTACH A CURRENT AND PROPOSED ORGANIZATIONAL CHART TO THIS JOB DESCRIPTION About Gallagher: As a global insurance brokerage, Gallagher seeks to provide the best service to its customers. The Gallagher Center of Excellence is a crucial component of our ability to provide industry-leading quality and customer service, helping our global teams serve our end customers better, meet regulatory requirements and improve speed to market. The Gallagher Center of Excellence (GCoE) supports various divisions of Gallagher, providing premier service to our customers around the globe. The GCOE has grown into a team of approximately 12,000 employees across seven locations Kolhapur, Mumbai, Cochin, Chandigarh, Shimoga, Bengaluru and Pune, providing reliable, fast and high-quality support to field staff. Working at 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. Position Summary: Individual Contributor | Mid-Level Gallagher Center of Excellence is seeking to hire an Analyst Financial Benefit for the Employee Benefits – Insurance Vertical. The Analyst works directly with account and client teams to deliver financial reporting and modeling support, including Forecasts, Claims Projections, and Plan Design assessments. This role requires a solid understanding of US Health Insurance concepts and the ability to translate data into actionable insights for client-facing deliverables. The Analyst is expected to manage multiple priorities and contribute to the quality and consistency of outputs. ESSENTIAL RESPONSIBILITIES: SL. No. Major Action and Support Actions 1 Apply advanced skills to evaluate and present timely experience reports that assess client financial status, including tracking expenses, funding levels, and rates by Employee Benefit Plans. Present these insights to account management teams and clients as needed. 2 Analyze financial and performance data to generate accurate forecasts, support rate negotiations, and develop customized client reports that highlight key trends and actionable insights for strategic decision-making. 3 Appropriately estimate reserves for Incurred But Not Reported (IBNR) claim liabilities, enabling clients to allocate appropriate funds for claims incurred during the policy period but not yet reported. Ensure these estimates align with actuarial standards and support financial stability. 4 Ensure that all analysis is logical and comprehensive. Interpret results beyond the numbers to assess whether outputs make sense in the context of client goals. 5 Demonstrate proficiency in financial modeling approaches to ensure accuracy and reliability in all analyses. 6 Demonstrate initiative in domain learning by reviewing deliverables critically, identifying improvement areas, and contributing to team discussions and knowledge sharing. 7 Collaborate with account management and cross-functional teams to support renewal strategies that align with client objectives, using data insights to inform negotiations and ensure smooth execution. Serve as a key point of contact by addressing underwriting queries and contributing to client meetings with tailored financial recommendations. 8 Demonstrate competence with collection of required data and materials needed for the successful completion of various projects with minimal supervision. 9 Maintain attention to detail while managing multiple tasks efficiently and delivering high-quality outputs within quick turnaround times. 10 Collect and organize required data and materials for successful completion of projects with minimal supervision. All other duties as assigned. Job Scope (Check One): Country Multiple Countries Region ( Americas LATAM UK/EMEA APAC) Global COMPETENCIES (OPTIONAL) Competency Description Communication Demonstrates exceptional written and verbal communication skills, effectively conveying complex information in a clear, concise, and professional manner to diverse audiences. Ownership and Accountability Takes proactive ownership of tasks and responsibilities, ensuring timely and high-quality outcomes while being accountable for results and decisions. Logical Thinking Applies structured and analytical reasoning to address complex challenges, identifying root causes and developing practical, data-driven solutions. Decision-Making Makes well-informed, strategic decisions by evaluating available data, weighing potential risks and benefits, and considering both short-term and long-term impacts. Time Management Ability to manage multiple projects efficiently with little oversight Detail-Oriented Ability to review work and find errors, for self and co-workers. Must be able to review data reports for errors prior to beginning a project or task. EDUCATION & Experience Minimum Required Degree: Bachelor’s / Master’s Degree in Statistics / Applied Math/Stats /Actuarial Science Experience: 1-3 Years of relevant exp KNOWLEDGE, SKILLS AND ABILITY: Applied Statistics (Intermediate Level) Good knowledge of MS Excel & VBA Experience in US Health Insurance or Group Insurance or Indian Health Insurance Domain knowledge in Insurance / Re-Insurance Excellent analytical skills

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