Assistant Vice President

3 weeks ago

Gurgaon, Haryana, India Genpact Full time

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 AssistantVice President - CAT Modelling

As the Assistant Vice President of Catastrophe Modeling, you will be responsible for leading the pricing support for Insurance and Reinsurance deals using catastrophe risk models to support strategic decision-making and risk management initiatives. This role requires a strong background in catastrophe modeling, excellent leadership skills, and the ability to collaborate with cross-functional teams

Responsibilities

Operations and Catastrophe Modeling Leadership:

Lead and manage the operational aspects of the catastrophe modelling team, ensuring smooth and efficient day-to-day operations

Provide guidance and expertise to the team performing quote, bound, portfolio reporting and analytics, aggregation functions, etc. by performing activities like data cleansing, slip coding, model imports, model runs, exposure and loss summary reports

Develop and implement operational policies, procedures, and workflows to optimize team performance.

Risk Assessment and Analysis:

Conduct in-depth analysis of catastrophe risk exposure and provide insights to inform business decisions.

Collaborate with underwriting, finance, and other departments to integrate catastrophe risk considerations into overall risk management strategies.

Quality Assurance:

Implement and maintain quality assurance measures to ensure the accuracy and reliability of catastrophe modelling outputs.

Establish and monitor key performance indicators (KPIs) to measure the team's performance.

Process Optimization:

Continuously evaluate and improve operational processes to enhance efficiency and effectiveness.

Work collaboratively with cross-functional teams to streamline workflows and reduce turnaround times.

Stakeholder Communication:

Effectively communicate complex modeling concepts and results to stakeholders.

Collaborate with senior leadership to provide strategic insights based on catastrophe modeling outcomes.

Qualifications we seek in you

Minimum Qualifications

Advanced degree in a relevant field (e.g., mathematics, statistics, etc.).

Extensive experience in catastrophe modeling within the insurance or reinsurance industry.

Strong proficiency in catastrophe modeling software (e.g., RMS, AIR, or similar).

Leadership experience, with a proven track record of managing and developing high-performing teams.

Excellent communication skills, both written and verbal, with the ability to convey technical concepts to stakeholders.

Excellent presentation skills

Strong analytical and problem-solving skills, with the ability to identify and implement process improvements.

Strategic thinking and the ability to contribute to overall business strategy based on catastrophe risk insights.

Preferred Qualifications/ Skills

Professional certifications (e.g., AINS, CPCU, ARE, etc.).

Strong hold on MS Office – Excel, Access, Power Point, VBA

Familiarity with catastrophe modeling software and industry-standard tools.

Experience with programming languages such as Python or R would be an advantage

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