Consultant-Actuarial

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Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose - the relentless pursuit of a world that works better for people - we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.
Inviting applications for the role of Assistant Manager/Consultant - Actuarial
In this role, you will be using client data to model exposures using AIR software. Key output of this process is a summary of exposures and technical price to underwriters. This process involves two major steps, which are Scrubbing of Exposure data and apply terms conditions and Modeling of data publishing results.
Responsibilities
Focus on data intensive tasks like compilation, validation, reconciliations, manipulation, and transformation to prepare data for actuarial analysis.
Perform data quality checks, capital requirement calculations and prepare reports to support regulatory activities, including ensuring a strong quality control element.
Perform analyses and ensure end reports are accurate for actuarial purposes.
Based on established processes validate data, review data trends, and generate Actuarial reports. Required to adjust and make improvements to templates and data as and when appropriate.
Projects needs to be managed independently with minimum supervision.
Measures performance of indicators and performs analysis to identify drivers and deep dive into events after identifying unfavorable trends/data discrepancies.
Maintain technical documentation for the actuarial analysis performed.
Address all the client s requests in a timely and efficient manner.
Essential skills
Proficiency in MS Office especially Excel, Access, Word, PowerPoint
Possess knowledge of P C insurance reinsurance domain, Solvency II regulations and regulatory capital requirements
Excellent communication and articulation skills is necessary.
Work well both independently and as part of a team.
Strong business, collaboration, and client handling skills
Effective time management skill
Excellent written and verbal communication skills
Ability to interact and work effectively and collaboratively with customers from different geographical areas.
Advanced conceptual, analytical, and innovative problem-solving abilities
Keen attention to detail
Ability to manage priorities under pressure and time constraints.

Qualifications we seek in you
Minimum Qualifications
Bachelor s degree in mathematics, Accounting, Economics, Statistics, Business, Risk Management, or a similar field.
Completion of 3-4 actuarial exams from actuarial Institute of UK/India or equivalent exams of Society of Actuaries (USA) preferred.
Working experience in PC International (re)/insurance domain for UK or US region, Solvency II and reporting experience preferred.

Preferred Qualifications
Strong knowledge of VBA/SQL

Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to building a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. Get to know us at www.genpact.com and on X, Facebook, LinkedIn, and YouTube.
Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a starter kit, paying to apply, or purchasing equipment or training.