Insurance Operations Analyst

3 - 5 years

0 Lacs

Posted:1 day ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Skill required:

Retirement Solutions - Cash Management

Designation:

Insurance Operations Analyst

Qualifications:

Any Graduation

Years of Experience:

3 to 5 years

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com

What would you do?

Tower: UK Life & Pensions- Cashiering and Banking Analyst

What are we looking for?

Skillset:
  • A graduate in any discipline from a recognized university. While a background in insurance, finance, or business administration is preferred.
  • Experience in the UK Life, Pensions (Preferred, not mandatory)
  • Open to flexible shifts based on business requirements.
  • Good verbal & written communication skills
  • Demonstrates effective time management and organizational skills, with the ability to prioritize tasks, manage deadlines, and work independently with minimal supervision. Roles and Responsibilities:
  • Must have/ minimum requirement: With over 4 years of experience in UK Life, Pension and Investment. Comparable experience in other insurance sectors is also acceptable. Strong analytical ability to understand, interpret, and evaluate financial and policy-related information, drawing accurate and insightful conclusions. Proficient in MS Office tools, with strong skills in data handling, reporting, and documentation. Review remittance reports and support documents to confirm that premium payments align with policy terms and billing schedules. Execute premium calculations using applicable parameters such as covered lives, insured volumes, and rate tables. Perform reconciliation and correction activities, including reversal of previously applied funds and back-dated adjustments where required. Manage fund transfers and refunds for incorrectly applied payments or overpayments, maintaining transparency and audit compliance. Ensure all processes are performed in accordance with regulatory requirements and internal compliance procedures, including State, and Local regulations. Investigate and respond to queries or requests from Business Partners and Client Support Teams with minimal turnaround time and a customer-first mindset. Actively participate in process improvement and automation initiatives, contributing to increased efficiency and reduced manual effort. Ensure adherence to defined Quality Control standards and contribute to maintaining high accuracy and service benchmarks.

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Accenture in India

Business Consulting and Services

Dublin 2 San Francisco

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