Associate Vice President-Financial Benefits Analysis (FBA)- Bangalore / Pune / Mumbai
bangaloreFull Time
EMPLOYEE BENEFITS
GROUP INSURANCE
HEALTH INSURANCE
Job description
Job Title:
Associate Vice President-Financial Benefits Analysis (FBA)
Location:
Bangalore / Pune / Mumbai
Candidate
expectation
Candidate
must have 10+ years of experience in the Health Insurance or Insurance broking
industry, with a strong focus on Financial Benefits and Actuarial Analysis.
??Experience
collaborating with Actuarial and Underwriting teams in a financial support
capacity.
Education:
Bachelor’s or master’s degree in a quantitative field such as Actuarial
Science, Finance, Mathematics, Statistics, Economics, or Engineering.
Experience
in US Health Insurance or Group Insurance or Indian Health Insurance.
In-depth
knowledge of Employee Benefits, or Health Insurance concepts, and terminology.
Key Roles
& Responsibilities:
Good
knowledge of R (Statistical Analysis) / Applied Statistics (advanced level)
?Exceptional
analytical, critical thinking, and problem-solving skills with a solid
understanding of probability and statistics.
Proficiency
in data manipulation and query languages (e.g., SQL, Python, Power BI) to
process and analyze large datasets.
Advanced
skills in Microsoft Excel and PowerPoint for modeling, analysis, and
presentation.
Excellent
written and verbal communication skills, with the ability to effectively
explain technical concepts to non-technical audiences.
Proven
ability to manage multiple projects simultaneously and meet tight deadlines.
Relevant
professional designation or progress toward an actuarial designation (e.g.,
ACAS, FCAS) or finance/risk certification (e.g., CFA, FRM) is a plus.
Lead the
preparation and presentation of various financial monitoring reports like
client financial status, expense tracking by product line, renewal projections,
funding levels etc by the team in a timely manner with prescribed accuracy
Maintain
proficiency in proprietary models and tools to accurately calculate financial
results.
Analyze
complex client data from carriers and provide actionable recommendations to
Client Servicing teams.
Prepare and
analyze various client deliverables as defined by the Consulting team's scope
of services.
Assist in
preparing financial impact assessments of changes in underwriting strategy,
model changes, and regulatory requirements.
Demonstrate
critical thinking by assessing whether analyses are logical and coherent.
?Reporting
and Communication:
?Develop
clear, concise, and professional reports and presentations that translate
complex financial analyses into digestible insights for senior management,
Financial Benefits Consultants, Actuaries, Underwriters, and other business
partners.
?Present
results of analyses and recommendations to internal committees and potentially
external stakeholders (e.g., Clients, Insurers, Auditors).
?Spearhead
the development and maintenance of automated tools and reports to improve the
efficiency and accuracy of cat modeling and financial analysis processes.
?Leadership
and Mentorship:
?Serve as a
subject matter expert on FBA methodologies, financial risk quantification, and
their application within the company.
?Mentor and
guide junior analysts on technical skills, model best practices, and financial
reporting standards.
?Lead
project-based initiatives focused on enhancing risk analytics capabilities and
process improvement.
Flexibility with shifts as per client requirement
Flexibility with shifts as per client requirement
Skills Required
Associate Vice President-Financial Benefits Analysis (FBA)- Bangalore / Pune / Mumbai
ITES/BPO/KPO
FullTime MBA
Full Time, Permanent
Key Skills
- EMPLOYEE BENEFITS
- GROUP INSURANCE
- HEALTH INSURANCE
Other Information
GO/JC/1382/2025
Hemalatha
