Insurance Operations Analyst

Accenture in India; Maharashtra; On-site; INR 600,000 - 900,000; Full time

Job summary

Accenture PLC in Maharashtra is seeking an Insurance Operations Analyst with 3–5 years of experience in retirement services. The role centers on end-to-end processing of transactions, account maintenance, and ensuring accuracy within tight turnaround timelines.

The candidate may need to work US business hours shifts, maintain strict data confidentiality, and manage enrollment, transfers and reporting for retirement plans. Any Graduation is accepted.

Qualifications

• 3–5 years of experience in retirement services.
• Experience with end-to-end processing of monetary and non-monetary transactions.
• Strong attention to accuracy and adherence to timelines.

Responsibilities

• Perform end-to-end processing of monetary and non-monetary transactions based on client requests.
• Handle account creation and maintenance, fund movements, transfers and rollovers.
• Assist with retirement plan development, enrollment, reporting and servicing tasks.
• Ensure data confidentiality and compliance with client policies and regulations.

Skills

US Retirement Domain

End-to-end processing

Account maintenance

Data confidentiality

Education

Any Graduation

Job description

Skill required:

Retirement Solutions - Retirement Planning Services

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 784,000 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?

• Perform end to end processing of monetary and non monetary transactions based on scanned forms and system generated requests, ensuring 100 accuracy and adherence to turnaround timelines.
• Be flexible to work in US business hours shifts ONLY based on operational
• Execute transactional activities such as account creation, account maintenance, fund movements, rollovers, and transfers as per client instructions
• Retirement solution is a comprehensive process to understand how much money you will need when you retire Retirement solution also helps you identify the best
• Covers the full range of services needed throughout a plans life, including plan development & enhancement, sales & marketing, plan sponsor institutional client onboarding management, participant enrollment management, sponsor and member servicing & reporting.
• Their products consist of individual retirement accounts (Roth IRA), college savings accounts, guaranteed investment contracts, fixed & variable deferred annuities (qualified & non qualified), as well as corporate retirement funds. What are we looking for?
• Experience in US Retirement Services domain Defined Contributions - Managing participant level services
• Expertise in Money In processes such as Asset transfer, enrollments, record keeping services, account maintenance, IRA contributions, file processing, etc.
• Address change verification: Verify participants addresses using tools provided by public records system and the United States Postal Service.
• Hands on with developing process documentation, capturing exceptions, process flow, process maps and Follows Not in Good Order In Good Order Processing rules.
• Review and validate client-submitted forms (scanned image-based) to determine IGO NIGO status, ensuring completeness, accuracy, and compliance before processing.
• Demonstrate strong working knowledge of rollover in, transfer, and enrollment request processing, with the ability to identify discrepancies and resolve exceptions.
• Ensure strict compliancewith data confidentiality and non disclosure requirements, safeguarding sensitive client and financial information at all times.
• Comply with client policies, internal procedures, and applicable Federal State Local regulations, escalati Roles and Responsibilities:
• In this role you are required to do analysis and solving of lower-complexity problems.
• Your day to day interaction is with peers within Accenture before updating supervisors.
• In this role you may have limited exposure with clients and or Accenture management.
• You will be given moderate level instruction on daily work tasks and detailed instructions on new assignments.
• The decisions you make impact your own work and may impact the work of others.
• You will be an individual contributor as a part of a team, with a focused scope of work.
• Please note that this role may require you to work in rotational shifts