M&G Global Services Private Limited

Insurance Analyst

M&G Global Services Private Limited · Mumbai, Maharashtra, India

  • On site
  • Full-time
  • ₹600,000 / year
  • Mumbai, Maharashtra, India

Job highlights

  • Analyze insurance policies and risks.
  • Provide insights for business decisions.
  • Ensure compliance and optimize strategies.
  • Collaborate with internal teams.
  • Career growth opportunities await.

About the role

About M&G Global Services Private Limited

We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003.

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

M&G Global Services has rapidly transformed itself into a powerhouse of capability that is playing an important role in M&G’s ambition to be the best loved and most successful savings and investments company in the world.

Our diversified service offerings extending from Digital Services (Digital Engineering, AI, Advanced Analytics, RPA, and BI & Insights), Business Transformation, Management Consulting & Strategy, Finance, Actuarial, Quants, Research, Information Technology, Customer Service, Risk & Compliance and Audit provide our people with exciting career growth opportunities. Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We have a diverse workforce and an inclusive culture at M&G Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

Insurance Analyst Role Overview

This role is for an Insurance Analyst to join our team. You will be responsible for analyzing insurance policies, assessing risks, and providing insights to support business decisions. You will work closely with various departments to ensure compliance and optimize insurance strategies.

Key Responsibilities

  • Analyze insurance data and trends.
  • Assess and report on insurance risks.
  • Collaborate with stakeholders to develop insurance solutions.
  • Ensure compliance with regulatory requirements.
  • Prepare reports and presentations on findings.

Qualifications

  • Bachelor's degree in Finance, Economics, or a related field.
  • Proven experience as an analyst in the insurance industry.
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal abilities.

Key skills/competency

  • Insurance Analysis
  • Risk Assessment
  • Data Analysis
  • Financial Modeling
  • Regulatory Compliance
  • Policy Analysis
  • Problem-Solving
  • Communication Skills
  • Stakeholder Management
  • Insurance Industry Knowledge

Skills & topics

  • Insurance Analyst
  • Insurance
  • Analysis
  • Risk Assessment
  • Data Analysis
  • Financial Services
  • M&G Global Services
  • Actuarial
  • Compliance
  • Finance

How to get hired

  • Tailor your resume: Highlight your insurance analysis and risk assessment skills, quantifying achievements where possible. Use keywords from the job description.
  • Craft a compelling cover letter: Express your interest in M&G Global Services and explain how your analytical abilities align with the Insurance Analyst role.
  • Prepare for technical questions: Be ready to discuss insurance principles, data analysis techniques, and regulatory frameworks.
  • Showcase your behavioral fit: Demonstrate your problem-solving, communication, and teamwork skills through specific examples.
  • Research M&G: Understand their values, services, and recent achievements to show genuine interest.

Technical preparation

Review insurance principles and products.,Practice data analysis and interpretation.,Familiarize with risk management frameworks.,Study relevant financial regulations.

Behavioral questions

Describe a complex analysis you performed.,How do you handle conflicting stakeholder needs?,Give an example of a time you improved a process.,How do you ensure accuracy in your work?

Frequently asked questions

What are the key responsibilities of an Insurance Analyst at M&G Global Services?
As an Insurance Analyst at M&G Global Services, you will be responsible for analyzing insurance data and trends, assessing and reporting on insurance risks, collaborating with stakeholders to develop insurance solutions, ensuring compliance with regulatory requirements, and preparing reports and presentations on your findings.
What qualifications are required for the Insurance Analyst position at M&G Global Services?
The ideal candidate for the Insurance Analyst role at M&G Global Services will possess a Bachelor's degree in Finance, Economics, or a related field, coupled with proven experience as an analyst in the insurance industry. Strong analytical, problem-solving, and communication skills are essential.
What kind of career growth opportunities can I expect as an Insurance Analyst at M&G Global Services?
M&G Global Services offers diverse service offerings, including Digital Services, Business Transformation, Finance, Actuarial, and Risk & Compliance. These provide exciting career growth opportunities for professionals like an Insurance Analyst, fostering development within the company.
How can I best prepare my application for the Insurance Analyst role at M&G Global Services?
To best prepare your application for the Insurance Analyst role at M&G Global Services, tailor your resume to highlight relevant insurance analysis and risk assessment experience. Emphasize your analytical and problem-solving skills, and clearly articulate your understanding of the insurance industry.
What is M&G Global Services' approach to diversity and inclusion for an Insurance Analyst role?
M&G Global Services champions a diverse workforce and inclusive culture, welcoming talent regardless of gender, ethnicity, age, sexual orientation, nationality, disability, or long-term condition. They actively seek to attract, promote, and retain exceptional people from all backgrounds for roles like the Insurance Analyst.
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