Job
Description
Genpact is a global professional services and solutions firm with a team of over 125,000 professionals across 30+ countries. Driven by curiosity, agility, and the desire to create lasting value for clients, we serve leading enterprises worldwide, including the Fortune Global 500. We specialize in deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI. We are currently seeking applications for the position of Assistant Manager/Consultant - Actuarial. In this role, you will utilize client data to model exposures using AIR software. The primary outcome of this process is to provide a summary of exposures and technical pricing to underwriters. The process involves two main steps: Scrubbing of Exposure data and applying terms & conditions, and Modeling of data & publishing results. Responsibilities: - Focus on data-intensive tasks such as compilation, validation, reconciliations, manipulation, and transformation to prepare data for actuarial analysis. - Conduct data quality checks, capital requirement calculations, and prepare reports to support regulatory activities, ensuring a strong quality control element. - Perform analyses to ensure accurate end reports for actuarial purposes. - Validate data based on established processes, review data trends, and generate Actuarial reports, making adjustments and improvements to templates and data as necessary. - Independently manage projects with minimal supervision. - Measure performance indicators, analyze drivers, and investigate events after identifying unfavorable trends/data discrepancies. - Maintain technical documentation for actuarial analysis and address client requests promptly and efficiently. Essential Skills: - Proficiency in MS Office, particularly Excel, Access, Word, and PowerPoint. - Knowledge of P&C insurance & reinsurance domain, Solvency II regulations, and regulatory capital requirements. - Excellent communication and articulation skills. - Ability to work independently and collaboratively as part of a team. - Strong business, collaboration, and client handling skills. - Effective time management skills. - Excellent written and verbal communication skills. - Ability to interact and work effectively with customers from different geographical areas. - Advanced problem-solving abilities with keen attention to detail. - Ability to manage priorities under pressure and time constraints. Minimum Qualifications: - Bachelor's degree in mathematics, Accounting, Economics, Statistics, Business, Risk Management, or a related field. - Completion of 3-4 actuarial exams from the Actuarial Institute of UK/India or equivalent exams from the Society of Actuaries (USA). - Working experience in P&C International (re)/insurance domain for the UK or US region, with Solvency II and reporting experience preferred. Preferred Qualifications: - Strong knowledge of VBA/SQL. Job Details: - Job Title: Consultant - Location: India-Gurugram - Schedule: Full-time - Education Level: Bachelor's / Graduation / Equivalent - Job Posting: Jan 13, 2025, 9:20:18 AM - Unposting Date: Feb 12, 2025, 12:29:00 PM - Master Skills List: Operations - Job Category: Full Time,
