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Financial Benefit Associate

icon building Company : Black & White
icon briefcase Job Type : Full Time

Number of Applicants

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Job Description - Financial Benefit Associate





Job Title :
Financial Benefit Associate
Qualification :
MSC in Statistics / Applied Math
Relevant Experience :
0 – 5 years
Must Have Skills :
1.Good Communication Skill
2.Applied Statistics (Intermediate Level)
3.Good knowledge of MS Excel & VBA
4.Excellent analytical skills
5.Logical ability
6.Maintain an eye for detail while working efficiently within quick turnaround times and managing multiple tasks simultaneously.
7.Coordinate with internal operations teams to complete renewal activities on time.
Good Have Skills :
NA
Roles and Responsibilities :
1.Act as the primary point of contact for the branch, providing comprehensive support.
2.Apply advanced skills to evaluate and present timely experience reports that assess client financial status, including tracking expenses, funding levels, and rates by Employee Benefit Plans.
3.Present these insights to account management teams and clients as needed.
4.Prepare Forecasts by analyzing data from carriers to provide strategic recommendations for negotiating rates and funding levels, ensuring alignment with client financial assessments and renewal projections.
5.Estimate reserves for clients to allocate funds for unpaid but incurred claim liabilities within the policy period.
6.Prepare and consult on client deliverables in alignment with the underwriting scope.
7.Exhibit the ability to ensure that analysis is logical and comprehensive.
8.Maintain and develop relationships with onshore and offshore team members.
9.Collaborate with cross functional teams and take proactive measures to resolve queries and concerns effectively.
10.Demonstrate initiative in domain learning by conducting self-analysis of deliverables and actively participating in task-oriented discussions.
Location :
Bangalore
CTC Range :
3 – 4.5 LPA (Lakhs Per Annum)
Notice Period :
Immediate
Mode of Interview :
Virtual
Shift Timing :
9:00PM – 6:00AM
Mode of Work :
Hybrid


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About the Company

Black & White

Incorporated in 2006, Black and White Business solutions Pvt Ltd has gradually developed today into a leading provider of manpower for some of the fortune 500 companies for their junior/ middle / senior and executive requirements. At Black and White Business Solutions, our sole job is to find indivi...

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