Sr. Specialist - Process Analytics - Actuarial
Genpact is an agentic and advanced technology solutions company that leverages process intelligence and artificial intelligence to deliver measurable outcomes for global enterprises.
Job Description
(I) RESPONSIBILITIES
Technical Execution & Oversight
•Support actuarial process transformation initiatives by assisting with data requirements, functional model testing, and production deployment across key actuarial platforms.
•Serve as a technical point of contact to provide guidance and troubleshooting support to the offshore delivery team on day-to-day projects.
•Conduct detailed reviews of technical summaries and documentation produced by the team to ensure strict alignment with client guidelines.
•Partner with team leads to execute client business initiatives, identifying opportunities for workflow and calculation enhancements.
•Lead by example to drive consistent professional behaviors, performance standards, and analytical rigor across the team.
Process Management & Delivery
•Perform complex actuarial tasks, data calculations, and specialized analyses assigned by client leadership.
•Act as a primary checker, performing variance analysis and producing insightful commentary to support and validate actuarial results.
•Proactively identify process efficiencies, collaborating with offshore teams and client stakeholders to prioritize automation or optimization.
•Maintain a comprehensive understanding of the broader actuarial workflow to identify new areas where the offshore team can add value.
•Coordinate with client and corporate leadership to manage expectations, align on priorities, and smoothly transition new work streams offshore.
•Perform core process tasks as needed to maintain deep hands-on system knowledge, balance team workloads, and ensure business continuity.
•Oversee the creation and maintenance of a robust knowledge repository through comprehensive process documentation.
Governance & Stakeholder Collaboration
•Ensure all actuarial and project deliverables adhere to defined internal control frameworks and contain complete supporting audit evidence.
•Maintain agreed-upon governance protocols, driving transparency via daily, weekly, and monthly status reporting against project timelines.
•Build strong working relationships with client-side teams across corporate actuarial functions, finance, IT, and project management offices.
•Manage the timely escalation of operational or technical issues to leadership, drafting actionable remediation plans to resolve bottlenecks.
(II) REQUIRED QUALIFICATIONS
•BS/BA Degree in actuarial science, mathematics, statistics and/or related major
•Partially Qualified Actuary (8-10 Actuarial exams cleared) with 6-9 years' 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 not direction ownership
•Strong communication skills (verbal and written)
(III) PREFERRED QUALIFICATIONS
•US ASA equivalent with 6+ 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
•1-2+ years of people management experience
Qualifications
Bachelors - Business Analytics, Bachelors - Computer Science, Bachelors - Statistics, Masters - Data Science
Certifications
Chartered Enterprise Risk Analyst (CERA) - Society of Actuaries (USA), Chartered Property Casualty Underwriter (CPCU) - Insurance Institute of America (IIA), Fellow of the Institute of Actuaries (FIA) - Institute and Faculty of Actuaries (UK)
Required Skills
Actuarial Modeling, Actuarial Valuation
Language
English, Proficiency Level: C2
Job Type
Regular
Master Skill List
Process Analytics - Actuarial
Remote Type
Hybrid
Work Shift
Day Job (India)