Genpact is a global leader in business consulting and services, known for its innovative and dynamic approach. With over 115,000 talented individuals, they work with the world’s largest brands to create meaningful transformations. Genpact is committed to harnessing the power of technology and human expertise to make the world a better place. They are looking for thinkers and doers with an appetite for learning, experimentation, and pushing boundaries. If you’re someone who enjoys seizing opportunities and turning visions into reality, Genpact is the place for you.
- Position: Process Developer – Actuarial
- Location: Gurugram, Haryana, India
- Job Type: Full-time, On-site
- Company Size: 10,001+ employees
Detailed Information about Role and Responsibilities:
As a Process Developer – Actuarial at Genpact, your responsibilities will include:
- Conducting data-intensive tasks such as compilation, validation, reconciliation, manipulation, and transformation to prepare data for analysis.
- Allocating data acquisition/enrichment, calculation, and reporting production tasks to support pricing and reserving activities, ensuring strong quality control.
- Performing preliminary pricing and reserving analyses while ensuring data accuracy and readiness for actuarial modeling.
- Executing routine tasks using actuarial software and Excel templates, maintaining data accuracy for actuarial analyses.
- Validating data based on established processes, reviewing data trends, and generating actuarial reports. Making adjustments and improvements to templates and data when necessary.
- Independently completing projects with some supervision and compiling reports or exhibits with a supervisor’s review.
- Measuring the performance of actual vs. plan, conducting initial analysis, identifying drivers, and flagging events for further investigation of unfavorable trends or data discrepancies.
- Preparing technical documentation for actuarial analysis.
To be eligible for this role, candidates should meet the following requirements:
- Minimum Qualifications:
- Bachelor’s Degree in Math, Accounting, Economics, Statistics, Business, Risk Management, or a similar field.
- Completion of 1-2 CT series exams from the Actuarial Institute of UK/India or equivalent exams from the Society of Actuaries (USA) is preferred.
- Knowledge of VBA/SQL.
- Relevant years of business experience in an international (re)insurance company or in the financial business.
- Preferred Qualifications/ Skills:
- Proficiency in MS Excel.
- Ability to work occasional extended hours and travel for business.
- Strong communication and articulation skills.
- Ability to work independently and as part of a team.
- Strong business and collaboration skills.
- Effective time management skills.
- Excellent written and verbal communication skills.
- Highly developed problem-solving abilities.
- Ability to work effectively and collaboratively in an international and global team.
- Keen attention to detail.
Q: What is the salary package for this position?
A: Salary details are not provided in the job listing.
Q: Is prior actuarial experience required?
A: While prior experience is not mandatory, relevant knowledge and qualifications are preferred.
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- Company: Genpact
- Education: Bachelor’s Degree in relevant fields, Actuarial certifications preferred
- Experience: Relevant business experience preferred
- Job Role: Process Developer – Actuarial
- Location: Gurugram, Haryana, India
- CTC: Not specified in the job listing
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