Assistant Manager - Actuarial

☞ Genpact

Aussicht: 102

Update Tag: 06-05-2024

Ort: Gurgaon Haryana

Kategorie: Finanzen / Bank / Aktien Versicherung

Industrie: Information Technology

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Jobinhalt

Assistant Manager - Actuarial-INS008669

With a startup spirit and 90,000+ curious and courageous minds, we have the expertise to go deep with the world’s biggest brands—and we have fun doing it. Now, we’re calling all you rule-breakers and risk-takers who see the world differently, and are bold enough to reinvent it. Come, transform with us.

Transformation happens here. Come, be a part of our exciting journey!

Inviting applications for the role ofAM, Actuarial
In this role, you will work closely with team leaders in Actuarial teams to drive closure to the projects. You will also work on technical documentation for the changes made in the model. You will complete your deliverables with a proactive and problem solving approach with good logical reasoning ability. You will be encouraged to have good client management skills and analytical skills. You also need to work on model coding and model maintenance for the issues identified as part of the research log.

Are you the one we are looking for? Apply now!

Responsibilities

  • Technical Leadership & Support:
  • Provide technical and managerial leadership (need based) to the Genpact team in performing all tasks/projects - serve as the subject matter expert (SME).
  • Produce and review the documents (technical or otherwise) that the team produces to ensure they adhere to the guidance provided by the Client process owner.
  • Support Client team leads for business initiatives and projects as per Client Process Manager’s preference and priority - participate as needed for providing process improvement opportunities to Client business owners.
  • Coach and mentor offshore team - motivate and inspire team to improve team/individual performance and maintain healthy work dynamics.
  • Lead by example – drive consistency in expected behaviors.

2. Process Support:

  • Understand the full client reporting landscape across pricing and financials and perform tasks/projects/analysis assigned by the Client process manager.
  • Ensure team meets the established SLAs and KPIs.
  • Act as a checker / reviewer producing commentary with detailed analysis to support the results.
  • Value Generation - Pro-actively seek ways to improve efficiency and calibrate with Genpact team and Client process owners for their direction and prioritization to execute process improvements.
  • Understand end to end functionality of the actuarial process.
  • Identify potential areas of support for the offshore team.
  • Coordinate with Client and Genpact leaders on expectations, priorities, transitioning work to offshore.
  • Facilitate feedback on processes and models between Client and Genpact.
  • Perform process tasks and activities as needed to maintain knowledge, serve as back-up and balance workload.
  • Create knowledge repository through process documentation and keep it current.

3. Program/process Governance:

  • Ensure all process and project related deliverables include defined controls and supporting evidence meet agreed upon requirements.
  • Ensure agreed upon governance practices are in place and adhered too – daily/weekly/monthly status reporting of team activities against the program plan or schedule.
  • Establish working relationships within the Client environment across other actuarial functions, finance, IT and project management teams.
  • Timely escalation of issues requiring attention to Genpact leadership/Client process owners; create necessary action plans.

Qualifications we seek in you

Minimum qualifications

    BS/BA Degree in actuarial science, mathematics, statistics and/or related major

    Partially Qualified Actuary (5+ Actuarial exams cleared) with experience in life/annuity insurance or financial services industry

    Proven analytical and problem-solving skills

    Demonstrated ability to manage concurrent deadlines and multiple priorities

    Demonstrated ability to manage through influence and build long term trust

    Strong communication skills (verbal and written)

Preferred qualifications

    Strong actuarial work experience and understanding of insurance products
    Specific knowledge of actuarial tools – MGAlfa, Polysystems,Axis
    Good excel, VBA, SQL knowledge
    Knowledge of actuarial processes

    Knowledge of GAAP, STAT, and Tax reporting concepts

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 diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit www.genpact.com. Follow us on Twitter, Facebook, LinkedIn, and YouTube.


JobConsultant

Primary LocationIndia-Gurgaon

Education LevelBachelor’s / Graduation / Equivalent

Job PostingJul 12, 2021, 8:06:09 AM

Unposting DateOngoing

Master Skills ListOperations

Job CategoryFull Time

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Frist: 20-06-2024

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