Description

Responsibilities:

- Work on the quarterly and annual reserve reviews, prepare high quality reports for Actuarial related processes.
- Produce actionable insights for wider business, communicating results and their implications.
- Perform preliminary reserving analyses for actuarial modeling
- Perform preliminary calculation and production tasks required to support reserving activities, including ensuring a solid quality control element
- Measures performance of actual vs. plan and performs some analysis to identify drivers and flagging events for further analysis identifying unfavorable trends/data discrepancies
- Perform large claims analysis.
- Assist with the quarterly reserve/ capital analysis and review of actuarial estimates and reports.
- Assist with reporting for the different entities around the group.
- Assist in the establishment of technical provisions/ capital for Solvency II and other regulatory bases.
- Collect and aggregate external benchmark data for use in the peer review process.
- Perform additional project work including deep dives of Insurance and Reinsurance lines
- Provide support for other Group Functions (Finance, Risk, Investments) as required.
- Technical documentation for the actuarial analysis performed
- Improve and update new and existing processes.
- Review work of other team members and mentor the junior folks

Qualifications

Bachelors - Business Analytics, Bachelors - Computer Science, Bachelors - Statistics, Masters - Data Science

Certifications

Associate in Claims (AIC) - The Institutes (USA)The Institutes (USA), Certified Financial Analyst (CFA) - Skillab Skillab, Certified Risk Professional (CRP) - Udemy Udemy, Fellow of the Institute of Actuaries (FIA) - Institute and Faculty of Actuaries (UK)Institute and Faculty of Actuaries (UK)

Required Skills

Actuarial Services, Financial Management, Financial Operations,



Insurance, Portfolio Monitoring, Reinsurance, Statutory Reporting, Underwriting

Language

English (Required)

Language Proficiency -

Advanced - C1

Additional Job Location -

Job Type

Regular

Master Skill List -

Insurance - Analytics & Actuarial

Remote Type -

Hybrid

Work Shift -

Day Job (India)

Why join Genpact?
• Lead AI-powered transformation – Drive innovation and solve real-world business challenges that matter
• Make an impact – Help global enterprises solve business challenges that matter
• Accelerate your career – Gain hands-on experience, mentorship, and world-class learning opportunities to stay ahead
• Work with the best – Join 140,000+ bold thinkers and problem-solvers who push boundaries every day
• Thrive in a values-driven culture – Our courage, curiosity, and incisiveness - built on a foundation of integrity and inclusion - allow your ideas to fuel progress
Come join the 140,000+ coders, tech shapers, and growth makers at Genpact and take your career in the only direction that matters: Up.
Let’s build tomorrow together.
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 creating a dynamic work environment that values respect and integrity, customer focus, and innovation.
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.

📌 Specialist - Insurance - Analytics & Actuarial 4B (India)
🏢 1401 Genpact India
📍 India