Insurance Operations Senior Analyst – Accenture, India
Skills required: Retirement Solutions - New Business Processing
Designation: Insurance Operations Senior Analyst
Qualifications: Any Graduation
Years of Experience: 5 to 8 years
What would you do?
- Process new pension scheme setups and member enrollments in line with regulatory and scheme-specific requirements.
- Validate documentation, ensure accurate data capture, and coordinate with internal teams for onboarding completion.
- Handle contributions, transfers, and withdrawals across pension schemes.
- Review and assess complex insurance claims, including death claims, to determine coverage and eligibility for payment.
- Research and verify claims information, calculate benefit amounts and produce relevant documentation.
- Identify the correct payee or beneficiary to release the claims payment.
- Ensure timely and accurate allocation of funds to member accounts and investment portfolios.
- Reconcile incoming and outgoing payments, resolving discrepancies with finance and client service teams.
- Process member benefit claims including retirement, death, and ill‑health payments.
- Ensure correct calculation of entitlements and compliance with government and scheme rules.
- Coordinate with payroll and tax teams for accurate disbursement and reporting.
- Monitor daily cash positions across pension accounts.
- Perform reconciliations between bank statements, investment platforms, and internal records.
- Investigate and resolve breaks, ensuring audit readiness and financial integrity.
- Support pension payroll runs for regular benefit payments.
- Maintain payroll records and support member queries.
- Track outstanding contributions and receivables from employers or members.
- Follow up on overdue payments and escalation persistent issues.
- Maintain accurate credit control logs and support financial reporting.
- Complete assigned responsibilities and projects within timelines, managing daily BAU.
What are we looking for?
- Up to 7 years of experience in UK Pension domain – Business Administration and Claims Processing including Death Claims (preferred).
- Experience in New Business, Money In/Out, Benefits, Cash Management & Recon, Payroll, Cash/Credit Control.
- Subject Matter Expert/Trainer with 4+ years of experience in remote transitions, developing quality checklists, performing RCA, and developing action plans to improve quality performance.
- Knowledge of MS Office Tools.
- Graduate in any stream.
- Open to flexible shifts based on business requirements.
- Good verbal & written communication skills.
- Good typing skills and attention to detail.
- Good time management skills and the ability to work independently.
Job Details
Seniority level: Mid‑Senior level
Employment type: Full‑time
Job function: Management and Manufacturing
Industries: Business Consulting and Services
Location: Gurugram, Haryana, India