Insurance Technology Analyst Jobs in Chennai Insurance Company
⚡ Urgent Requirement🏢 Chennai Insurance Industry - Where to Find These Jobs
Chennai is one of India's most important insurance industry cities, home to Star Health and Allied Insurance (India's largest standalone health insurer), regional offices of all major life and general insurers, and a large insurance operations workforce. The city employs over 1.5 lakh insurance professionals across sales, operations, claims, underwriting, and technology.
Anna Salai, T. Nagar, Nungambakkam, and Guindy are the primary insurance employment zones in Chennai. Key private sector employers include Star Health Insurance, HDFC Life, ICICI Prudential Life, SBI Life, Bajaj Allianz Life, Tata AIA, Max Life Insurance, HDFC ERGO, ICICI Lombard, and Bajaj Allianz General Insurance.
📋 Job Description
Jobzi is sourcing qualified candidates for Insurance Technology Analyst positions in Chennai insurance companies. This role is with a leading private sector life insurer, general insurer, or health insurance company in Chennai. You will be part of India's growing insurance industry with strong career growth and competitive compensation.
📌 Key Responsibilities
- Support and maintain insurance policy administration, claims, and billing systems for business users
- Gather and document business requirements from underwriting, claims, and operations teams for IT projects
- Coordinate system enhancements, new product configurations, and regulatory IT changes with technology vendors
- Perform UAT (User Acceptance Testing) for new system features and regulatory compliance updates
- Manage data migration, system integration, and API connectivity between policy admin and digital platforms
- Prepare technical documentation, user manuals, and training guides for insurance system changes
- Ensure IRDAI IT and cybersecurity guidelines compliance for insurance data handling and system access
🎓 Qualifications and Requirements
- B.Tech or BCA with 2-6 years of insurance IT, insurance BA, or insurtech experience
- Knowledge of insurance policy administration systems (PCMS, Majesco, Duck Creek, or proprietary systems)
- SQL skills for insurance data extraction, report generation, and system support
- Experience writing BRDs and conducting UAT for insurance system changes
- Understanding of IRDAI IT guidelines, data privacy requirements, and insurance data security
- Good communication for bridging business and technology teams in insurance organizations
- Insurance domain knowledge across policy, claims, and underwriting functions
✅ Required Skills
🏆 Certifications Valued
IRDAI Insurance Agent License, POSP Certificate, IRDA Composite License, NISM Series certifications, IC-33 (Life Insurance), IC-38 (General Insurance), IC-57 (Health Insurance), Licentiate / Associate / Fellow of Insurance Institute of India (III)
❓ Frequently Asked Questions
Which areas in Chennai have the most insurance company jobs?
Anna Salai (Mount Road), T. Nagar, Nungambakkam, Thousand Lights, and Guindy are Chennai's primary insurance employment zones. Star Health Insurance's headquarters in Nungambakkam is one of the largest single insurance employers. T. Nagar hosts branch offices of nearly every major insurer.
What is the average insurance company salary in Chennai in 2026?
Insurance salaries in Chennai range from Rs.15,000 for entry-level policy servicing roles to Rs.1,50,000+ for senior managers in underwriting, product, and medical affairs. Sales professionals with good incentive achievement earn Rs.60,000 - Rs.2,00,000 total monthly compensation.
What IRDAI certifications are required for insurance jobs in Chennai?
IRDAI agent license (IC-33 for life, IC-38 for general) is mandatory for field sales and advisory roles. The Insurance Institute of India offers Licentiate, Associate, and Fellowship qualifications valued for underwriting, claims, and senior roles. POSP certificate is required for point-of-sales person roles.
What does an Insurance Technology Analyst do in Chennai?
Insurance Technology Analysts at Chennai insurance companies bridge business and IT - they gather requirements from underwriting, claims, and operations teams, configure insurance systems for new products, test regulatory changes, and manage vendor relationships for policy admin systems. Chennai's large insurance IT operations at Star Health and other insurers employ significant IT analyst teams.
What is the salary for Insurance Technology Analyst in Chennai in 2026?
Insurance Technology Analysts with 2-6 years experience earn Rs.32,000 - Rs.80,000 per month in Chennai. Senior insurance IT architects and digital transformation leads earn Rs.90,000 - Rs.1,60,000 at large insurers and insurtech companies.
Which insurance systems are commonly used in Chennai insurance companies?
Majesco Insurance Platform, Duck Creek Technologies, ISCS SurePower, Oracle Insurance, and proprietary legacy systems are used across Chennai insurers. Star Health uses its own proprietary health insurance platform. LifeAsia and IPOS are common in life insurance companies. SQL and reporting tools like Crystal Reports and Power BI are standard.
What is the salary for Insurance Technology Analyst in Chennai 2026?
A Insurance Technology Analyst in Chennai earns between Rs.32,500 and Rs.80,500 per month in June 2026, depending on experience, insurer, and performance.
What experience is required for Insurance Technology Analyst jobs in Chennai?
2 - 6 Years of relevant experience is required for Insurance Technology Analyst roles in Chennai insurance companies. Domain knowledge of insurance products and IRDAI regulations is strongly valued.