Life Actuarial Manager (Gurugram)

Life Actuarial Manager (Gurugram)

23 Oct
|
Genpact
|
Gurugram

23 Oct

Genpact

Gurugram

Ready to shape the future of work?

At Genpact, we don’t just adapt to change—we drive it. AI and digital innovation are redefining industries, and we’re leading the charge. Genpact’s AI Gigafactory, our industry-first accelerator, is an example of how we’re scaling advanced technology solutions to help global enterprises work smarter, grow faster, and transform at scale. From large-scale models to agentic AI, our breakthrough solutions tackle companies’ most complex challenges.

If you thrive in a fast-moving, tech-driven workplace, love solving real-world problems, and want to be part of a team that’s shaping the future, this is your moment.

Genpact (NYSE: G) is an advanced technology services and solutions company that delivers lasting value for leading enterprises globally. Through our deep business knowledge, operational excellence, and cutting-edge solutions – we help companies across industries get ahead and stay ahead. Powered by curiosity, courage, and innovation, our teams implement data, technology, and AI to create tomorrow, today. Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook.

Inviting applications for the role of Senior Manager, Insurance

We are seeking a motivated and detail-oriented Senior Manager to join our actuarial team. This role will primarily support the areas of Actuarial Valuation, Financial Modelling, Product Pricing, Experience Studies, Financial Reporting, and Data Analytics, contributing to the company’s financial strength and strategic direction.

The Senior

Manager will work with experienced actuaries to develop and monitor reserve estimates, assist with projecting long-term liabilities and product performance, and perform data-driven analysis to support capital management, financial planning, and business decision-making. As a Senior Manager, work assignments will involve high complexity, strategic oversight, and providing guidance to the broader actuarial team.

for Senior Manager

(I) RESPONSIBILITIES

1. Technical Leadership & Support:

- Lead end-to-end process transformation initiatives, spanning data requirement definition, actuarial valuation, model testing, and the deployment of production-ready models.
- Serve as the core Subject Matter Expert (SME) to provide technical guidance and oversight across all complex actuarial projects and tasks.




- Conduct rigorous peer reviews of all technical and non-technical documentation to ensure absolute alignment with client-specific guidelines and industry standards.
- Support and drive client business initiatives, proactively identifying opportunities for process enhancement and modeling improvements.
- Coach, mentor, and inspire offshore Team Leads and SMEs to elevate team performance, foster technical growth, and maintain positive team dynamics.

1. 2. Operational & Process Excellence

- Execute high-complexity actuarial tasks, analyses, and projects as directed by client process leadership.
- Partner closely with onshore leadership and global teams to align on process priorities, integrate feedback, and drive operational synergies.
- Work closely with corporate leadership to manage resource capacity, forecast staffing needs, and ensure optimal team utilization.
- Oversee the team’s project pipelines, task allocation, and resource calibration to adapt to changing client priorities.
- Ensure comprehensive, up-to-date process documentation is maintained for all "run-the-shop" activities to mitigate operational risk.
- Proactively design and implement efficiency-driven solutions, calibrating with stakeholders to prioritize and execute process automation or optimization.

1. 3. Governance, Stakeholder, & Risk Management

- Guarantee that all actuarial deliverables incorporate defined control frameworks and robust supporting evidence to meet regulatory and client requirements.
- Enforce established governance frameworks, driving transparency through structured daily, weekly, and monthly performance reporting against program schedules.
- Build and maintain strong working relationships across diverse functions, including broader actuarial teams, finance, IT, and project management offices.
- Oversee timely escalation protocols for critical operational or technical issues, designing actionable remediation plans for leadership and client review.

(II) REQUIRED QUALIFICATIONS:
1. BS/BA Degree in actuarial science, mathematics, statistics and/or related major;
2.



Near associate/Fellow with 7 to 10 years’ experience in life/annuity insurance
3. Working knowledge and background on actuarial tools and techniques, Excel, Word, PowerPoint
4. Proven analytical and problem-solving skills
5. Demonstrated ability to manage teams
6. Demonstrated ability to manage concurrent deadlines and multiple priorities
7. Strong communication skills (verbal and written)

(III) PREFERRED QUALIFICATIONS
1. US ASA equivalent with 8+ years of experience in Life & Annuity insurance industry
2. Strong actuarial work experience and understanding of US life products & Knowledge of US regulations - GAAP, STAT, and Tax reporting concepts
3. Specific knowledge of tools – Any actuarial modeling tool (preferably PolySystems, AXIS or MGAlfa), Excel, VBA, SQL, Word, PowerPoint
4. Knowledge of actuarial modeling, preferably for US products
5. 3+ years of people management experience

Why join Genpact?

- Be a transformation leader – Work at the cutting edge of AI, automation, and digital innovation
- Make an impact – Drive change for global enterprises and solve business challenges that matter
- Accelerate your career – Get hands-on experience, mentorship, and continuous learning opportunities
- 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 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, colour, 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 setting 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.

📌 Life Actuarial Manager (Gurugram)
🏢 Genpact
📍 Gurugram

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