Urgent Hiring_Actuarial_US Life Insurance_Python
Genpact · Gurugram, Haryana, India
Genpact · Gurugram, Haryana, India
**R** ***Ready to shape the future of work?*** *At Genpact, we dont just adapt to changewe 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 environment, 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 anadvanced technology services and solutions company that deliverslastingvalue for leading enterprisesglobally.Through ourdeep 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 teamsimplement* *data, technology, and AItocreate tomorrow, today.Get to know us atgenpact.comand onLinkedIn,X,YouTube, andFacebook.* Inviting applications for the role of **Senior Manager, Insurance** We are seeking a motivated and detail-oriented Actuarial Analyst to join our health actuarial team. This role will primarily support the areas of reserve valuation, financial forecasting, and health data analytics, contributing to the company’s financial strength and strategic direction. The Analyst will work with experienced actuaries to develop and monitor health reserve estimates (e.g., IBNR, premium deficiency reserves), assist with projecting healthcare costs and utilization, and perform data-driven analysis to support financial planning and business decision-making. The Actuarial Analyst’s work assignments are often straightforward and of moderate complexity. **Job Description for Senior Manager** (I) RESPONSIBILITIES 1. Technical Leadership & Support: a. This includes Actuarial process transformation from Data requirements, Actuarial Modelling and testing, deploying models to Valuation production environment. b. Provide technical support to the team in performing all tasks/projects - Serve as the subject matter expert (SME) c. Produce and review documents (technical or otherwise) that the team produces to ensure they adhere to the guidance provided by the Client process owner. d. 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 e. Coach and mentor offshore Team Leads/SMEs - motivate and inspire team members to improve team/individual performance and maintain healthy work dynamics f. Lead by example – drive consistency in expected behaviors 2. Process Support: a. Perform tasks/projects/analysis assigned to him/her by the Client process manager b. Coordinate and drive synergy with Genpact Onshore Lead/s and team members on an ongoing basis to align on process priorities, feedback & action items. c. 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 d. Ensure all processes have up to date process documentation on all run the shop tasks e. Work with Genpact leadership to obtain necessary staff to support the team’s requirements f. 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 3. Program/process Governance: a. Ensure all process and project related deliverables include defined controls and supporting evidence meet agreed upon requirements b. 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 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. (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 a. Working knowledge and background on actuarial tools and techniques, Excel, Word, PowerPoint 3. Proven analytical and problem-solving skills 4. Demonstrated ability to manage teams 5. Demonstrated ability to manage concurrent deadlines and multiple priorities 6. 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 shap