Sr Process Analyst - Employee Benefits - 3+ Years - Mumbai

Location: Mumbai
Functional Practices: Financial Services Practice, Insurance
Job type: Permanent
Contact name: Rahul Paul

Contact email: rahul.paul@crescendogroup.in
Job ref: 93073
Published: 1 day ago

Sr Process Analyst - Employee Benefits - 3+ Years - Mumbai

We are hiring an Sr Process Analyst - Employee Benefits  for a leading global insurance services organization. This role is ideal for candidates with strong hands-on experience in Group Insurance premium calculations (GMC, GTL, GPA) who are looking to deepen their expertise in a stable, process-driven environment with long-term career growth.

Location - Mumbai

Your Future Employer - A reputed global organization operating in the insurance and employee benefits services space, known for its strong process excellence, compliance-driven operations, and employee-friendly work culture. The organization supports large domestic corporate clients and offers exposure to complex, high-volume insurance operations.

Responsibilities-

  1. Perform accurate premium calculations for Employee Benefits policies (Domestic – ECO)

  2. Handle premium recalculations for endorsements and mid-term adjustments

  3. Work on Group Mediclaim (GMC), Group Term Life (GTL), and Group Personal Accident (GPA) products

  4. Analyze employee data and apply appropriate rates as per policy terms

  5. Maintain and update premium calculation models and master data files

  6. Coordinate with internal stakeholders to support end-to-end policy servicing

  7. Use Excel extensively for calculations, reconciliations, and reporting

Requirements-

  1. 3–5 years of experience in Employee Benefits / Group Insurance operations

  2. Mandatory hands-on exposure to premium calculation

  3. Strong experience in GMC, GTL, and GPA products

  4. Excellent working knowledge of MS Excel (calculations, pivots, lookups)

  5. Experience handling domestic corporate insurance policies

  6. Good written communication skills for professional email coordination

  7. Health Insurance (retail) experience is not required

What’s in it for you-

  1. Stable general shift (10:00 AM – 7:00 PM)

  2. Opportunity to work in a specialized Employee Benefits domain

  3. Exposure to large-scale corporate insurance operations

  4. Clear role ownership with strong process learning

  5. Long-term career growth in a niche insurance vertical

Reach Us - If you feel this opportunity is well aligned with your career progression plans, please feel free to reach me with your updated profile at: rahul.paul@crescendogroup.in

Disclaimer - Crescendo Global specializes in Senior to C-level niche recruitment. We are passionate about empowering job seekers and employers with an engaging, memorable job search and leadership hiring experience. Crescendo Global does not discriminate on the basis of race, religion, color, origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Note - We receive a large number of applications daily, and it may not be possible to respond to each candidate individually. Please assume that your profile has not been shortlisted if you do not hear back from us within one week. Your patience is highly appreciated.

Profile Keywords - Employee Benefits, Premium Calculation, Group Insurance, GMC, GTL, GPA, Group Mediclaim, Group Term Life, Group Personal Accident, Endorsements, Mid-Term Adjustments, Corporate Insurance, Domestic Policies, Excel, Insurance Operations, Policy Servicing