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Manager - Actuarial

3.00 to 6.00 Years   Noida   24 May, 2021
Genpact India Pvt Ltd
Job LocationNoida
EducationNot Mentioned
SalaryNot Disclosed
IndustryIT - Software
Functional AreaGeneral / Other Software,Sales / BD
EmploymentTypeFull-time

Job Description

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 nowResponsibilities

  1. Process Support:
    1. Understand the full Client reporting landscape across pricing and financials and perform tasks/projects/analysis assigned by the Client process manager.
    2. Support the transition of assigned tasks documentation, training, monitoring progress, etc.
    3. Act as a Doer / Checker producing commentary with detailed analysis to support the results.
    4. 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.
    5. 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.
    6. 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.
    7. Understand end-to-end functionality of the actuarial process.
    8. Facilitate feedback on processes and models between Client and Genpact.
    9. Identify potential areas of support and growth areas for the offshore team.
    10. Coordinate with Client and Genpact leaders on expectations, priorities, transitioning work to offshore.
    11. Perform process tasks and activities as needed to maintain knowledge, serve as back up and balance workload.
    12. Create knowledge repository through process documentation and keep it current.
2. Program/process Governance:a. Produce and follow all process and project related deliverables include defined controls and supporting evidence meet agreed upon requirements.b. follow governance practices are in place and adhered too daily/weekly/monthly status reporting of team activities against the program plan or schedule.c. Establish working relationships within the Client environment across other actuarial functions, finance, IT and project management teams.d. Timely escalation of issues requiring attention to Genpact leadership/Client process owners; create necessary action plans.Qualifications we seek in youMinimum qualifications
  • BS/BA Degree in actuarial science, mathematics, statistics and/or related major Or Partially qualified (Preferably 3-4+ Actuarial exams cleared) with experience in life/annuity insurance or financial services industry
  • Demonstrate eye for business by extending actuarial analysis into practical commercial solutions
  • Proven analytical skills
  • Ability to manage concurrent deadlines and multiple priorities
  • Strong communication skills (verbal and written)
Preferred qualifications
  • Strong actuarial work experience and understanding of Insurance products
  • Specific knowledge of actuarial tools Prophet, Mody s Axis
  • Good Excel, VBA, SQL Knowledge
  • Knowledge of actuarial processes
  • Knowledge of GAAP, STAT, and Tax reporting concepts
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Keyskills :
tax reportingcustomer focusproblem solvingactuarial examsclient reportingclient managementmanagement skillsstatements of work sow

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