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
Sr.
Manager - Actuarial
In this role,
you'll
be responsible for
working on projects identified as part of transformation and improvements in actuarial processes. Work closely with team leaders in Actuarial teams to drive closure
to
the projects. You will be encouraged to have good client management skills and analytical skills. Possess knowledge of Actuarial Modelling Software
Responsibilities
This includes Actuarial process transformation from Data requirements, Actuarial
Modelling
and testing, deploying models to Valuation production environment.
Provide technical support to the team in performing all tasks/projects - Serve as the subject matter expert (SME)
Produce and review documents (technical or otherwise) that the team produces to ensure they adhere to the guidance provided by the Client process owner.
Support 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 Leads/SMEs - motivate and inspire team members to improve team/individual performance and
maintain
healthy work dynamics.
Lead by example - drive consistency in expected behaviors
Process Support:
Perform tasks/projects/analysis assigned to him/her by the Client process manager.
Coordinate and drive
synergy
with Genpact Onshore Lead/s and team members on an ongoing basis to
align on
process priorities, feedback & action items.
Ensure all teams
maintain
task lists, project lists and any ad-hoc project list
utilizing
team resources - calibrate with Genpact onshore team and Client process owner as needed for updates and changes.
Ensure all processes have up to date process documentation on all run the shop tasks.
Work with Genpact leadership to obtain necessary staff to support the team's requirements.
Value Generation -
Pro-actively
seek
ways to improve efficiency and calibrate with Genpact Offshore team and Client process owners for their direction and prioritization to execute any process improvements.
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.
Establish a process documentation structure that best serves the need to train a new hire
and also
provide step by step guidance to a doer /
reviewer.
Template consistency
Table contents - background, systems/files references, inputs-process-output, high level process flow, procedure
notes, etc.
Version control &
change management
Storage &
archiving
past
versions.
Create documentation for any new tasks (new transitions/new requirements)
Seek necessary update and documentation
sign
off from onshore
Client
SMEs/ process
owners.
Evaluate
need
for checklists and reminders for specific tasks/activities that
help in minimizing
errors/rework & improve review and doer
efficiency.
Develop team training
& development
plans.
Responsible for
recruiting, training, supervising and appraising
staff.
Create U
pskilling
plans to ensure needed backups at Task/activity level - ensure the team members have necessary
trainings
, practice (replication) to do the work efficiently and
effectively.
P
rovide SME support - ability to apply learnings across various work tasks/
Coach and mentor for his team - provide the team with
the
vision of the process and project
activities.
Motivate and inspire team members
and
maintain
healthy work
dynamics.
Lead by example - drive consistency in expected behaviors
Recognize and
celebrate team and
team member accomplishments and exceptional
performance.
Work with functional managers and Genpact leadership to obtain necessary staff to support the team's requirements - Need
based.
Support business initiatives and projects as per
Client
's preference and priority
Pro-actively seek ways to improve
the efficiency
and calibrate with
Client
process owners to maximize the value-add of the
Modelling
team.
Establish working relationships within the
Client
environment across other actuarial functions, finance,
IT
and project management
teams.
Qualifications we
seek
in you!
Minimum Qualifications
BS/BA Degree in actuarial science, mathematics, statistics and/or related major.
Partially qualified Actuarial student - 9+ Actuarial exams cleared) with
Relevant
experience in life/annuity insurance or financial services industry.
Working knowledge and background on actuarial tools and techniques, Excel, Word, PowerPoint
Proven analytical and problem-solving skills.
Demonstrated ability to manage teams.
Demonstrated ability to manage concurrent deadlines and multiple priorities.
Strong communication
skills (verbal and written)
Preferred Qualifications/ Skills
US ASA equivalent with
Relevant
years of experience in Life & Annuity insurance industry
Strong actuarial work experience and understanding of US life products & Knowledge of US regulations - GAAP, STAT, and Tax reporting concepts.
Specific knowledge of tools - Any actuarial modeling tool (preferably
PolySystems
, AXIS or
MGAlfa
), Excel, VBA, SQL, Word, PowerPoint
Knowledge of actuarial modeling, preferably for US products
Relevant
years of people management experience
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. For more information, visit
www.genpact.com
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,
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, and
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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