Manager : Actuarial

1 month ago

gurugram, 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 Senior Manager/ Manager – Actuarial
In this role, you'll be responsible for working on projects identified as part of transformation and improvements in actuarial processes. Work closely with team leaders in Actuarial teams to drive closure to the projects. You will be encouraged to have good client management skills and analytical skills. Possess knowledge of Actuarial Modelling Software

Responsibilities
• This includes Actuarial process transformation from Data requirements, Actuarial Modelling and testing, deploying models to Valuation production environment.
• Provide technical support to the team in performing all tasks/projects - Serve as the subject matter expert (SME) 
• Produce and review documents (technical or otherwise) that the team produces to ensure they adhere to the guidance provided by the Client process owner.
• 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.
• Coach and mentor offshore Team Leads/SMEs - motivate and inspire team members to improve team/individual performance and maintain healthy work dynamics.
• Lead by example – drive consistency in expected behaviors
• Process Support:
• Perform tasks/projects/analysis assigned to him/her by the Client process manager.
• Coordinate and drive synergy with Genpact Onshore Lead/s and team members on an ongoing basis to align on process priorities, feedback & action items.
• 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.
• Ensure all processes have up to date process documentation on all run the shop tasks. 
• Work with Genpact leadership to obtain necessary staff to support the team’s requirements.
• 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.
• Program/process Governance:
• Ensure all process and project related deliverables include defined controls and supporting evidence meet agreed upon requirements.
• 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.
• Establish working relationships within the Client environment across other actuarial functions, finance, IT and project management teams.
• Timely escalation of issues requiring attention to Genpact leadership/Client process owners; create necessary action plans.
• Establish a process documentation structure that best serves the need to train a new hire and also provide step by step guidance to a doer / reviewer.
o Template consistency
o Table contents – background, systems/files references, inputs-process-output, high level process flow, procedure notes, etc.
o Version control & change management
o Storage & archiving past versions.
• Create documentation for any new tasks (new transitions/new requirements)
• Seek necessary update and documentation sign off from onshore Client SMEs/ process owners.
• Evaluate need for checklists and reminders for specific tasks/activities that help in minimizing errors/rework & improve review and doer efficiency.
• Develop team training & development plans.
• Responsible for recruiting, training, supervising and appraising staff.
• Create Upskilling plans to ensure needed backups at Task/activity level – ensure the team members have necessary trainings, practice (replication) to do the work efficiently and effectively.
• Provide SME support – ability to apply learnings across various work tasks/projects.
• Develop staff personal development plans in line with Modelling priorities and strategy /goals – Tools & technology asks, regulation understanding, process/product knowledge, other specific skills.
• Coach and mentor for his team – provide the team with the vision of the process and project activities.
• Motivate and inspire team members and maintain healthy work dynamics.
• Lead by example – drive consistency in expected behaviors
• Recognize and celebrate team and team member accomplishments and exceptional performance.
• Work with functional managers and Genpact leadership to obtain necessary staff to support the team’s requirements – Need based.
• Support business initiatives and projects as per Client’s preference and priority
• Pro-actively seek ways to improve the efficiency and calibrate with Client process owners to maximize the value-add of the Modelling team. 
• Establish working relationships within the Client environment across other actuarial functions, finance, IT and project management teams. 
Qualifications we seek in you
Minimum Qualifications
• BS/BA Degree in actuarial science, mathematics, statistics and/or related major.
• Partially qualified Actuarial student - 9+ Actuarial exams cleared) with Relevant experience in life/annuity insurance or financial services industry.
• Working knowledge and background on actuarial tools and techniques, Excel, Word, PowerPoint
• Proven analytical and problem-solving skills.
• Demonstrated ability to manage teams.
• Demonstrated ability to manage concurrent deadlines and multiple priorities.
• Strong communication skills (verbal and written)
Preferred Qualifications/ Skills
• US ASA equivalent with Relevant 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
• Relevant years of people management experience

  • Manager : Actuarial

    1 month ago

    Gurugram, 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 –...

  • Manager : Actuarial

    4 weeks ago

    Gurugram, 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 –...

  • Manager - Actuarial

    6 days ago

    gurugram, India Marsh McLennan Companies Full time

    Description: Marsh is seeking candidates for the following position based in the Gurgaon office:  Manager – Actuarial What can you expect? Work within the Analytics Solutions team of Marsh Advisory, reporting to the Senior Manager/Associate Director of the team. Take on responsibility for delivering client specific analytics...

  • Manager - Actuarial

    5 days ago

    Gurugram, India Marsh McLennan Companies Full time

    Description: Marsh is seeking candidates for the following position based in the Gurgaon office:   Manager – Actuarial What can you expect? Work within the Analytics Solutions team of Marsh Advisory, reporting to the Senior Manager/Associate Director of the team. Take on responsibility for delivering client specific analytics solutions under...

  • Manager - Actuarial

    6 days ago

    Gurugram, India Mercer Full time

    Marsh is seeking candidates for the following position based in the Gurgaon office: Manager – ActuarialWhat can you expect?Work within the Analytics Solutions team of Marsh Advisory, reporting to the Senior Manager/Associate Director of the team.Take on responsibility for delivering client specific analytics solutions under direct supervision in...

  • Manager - Actuarial

    2 months ago

    Gurugram, India Sun Life Full time

    Job Description : Actuarial talent with 10+ years total experience to perform the following: Model development & testing using Moody’s Axis and Risk Integrity across geographies including Canada, US, and Asia Develop, test and maintain models and utilities for implementations such as IFRS17, LICAT etc. Develop, test and maintain tools and utilities...

  • Manager - Actuarial

    4 weeks ago

    Gurugram, India Sun Life Full time

    Job Description : Actuarial talent with 10+ years total experience to perform the following: Model development & testing using Moody’s Axis and Risk Integrity across geographies including Canada, US, and Asia Develop, test and maintain models and utilities for implementations such as IFRS17, LICAT etc. Develop, test and maintain tools and utilities...

  • Manager - Actuarial

    4 weeks ago

    gurugram, India Sun Life Full time

    Job Description : Actuarial talent with 10+ years total experience to perform the following: Model development & testing using Moody’s Axis and Risk Integrity across geographies including Canada, US, and Asia Develop, test and maintain models and utilities for implementations such as IFRS17, LICAT etc. Develop, test and maintain tools and...

  • Risk Advisory Actuary Manager

    1 month ago

    gurugram, India KPMG India Full time

    About KPMG in India KPMG entities in India are professional services firm(s). These Indian member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in...

  • Risk Advisory Actuary Manager

    4 weeks ago

    gurugram, India KPMG India Full time

    About KPMG in India KPMG entities in India are professional services firm(s). These Indian member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in...

  • Analyst - Actuarial

    2 weeks ago

    gurugram, India Guardian Life Full time

    Job Description : Qualifications: The Analyst will be responsible for using statistical techniques and mathematical skills to provide actuarial support for product development, projection, product implementation, illustrations, valuation, and financial reporting. Responsibilities : Responsibilities will include deliverables such...

  • Analyst - Actuarial

    3 weeks ago

    Gurugram, India Guardian Life Full time

    Job Description : Qualifications: The Analyst will be responsible for using statistical techniques and mathematical skills to provide actuarial support for product development, projection, product implementation, illustrations, valuation, and financial reporting. Responsibilities : Responsibilities will include deliverables such as: Working...

  • Risk Advisory Actuary Manager

    1 month ago

    Gurugram, India KPMG India Full time

    About KPMG in India KPMG entities in India are professional services firm(s). These Indian member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in...

  • Risk Advisory Actuary Manager

    4 weeks ago

    Gurugram, India KPMG India Full time

    About KPMG in India KPMG entities in India are professional services firm(s). These Indian member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in...

  • Analyst - Actuarials

    4 weeks ago

    Gurugram, India WNS Global Services Full time

    Job DescriptionProcess Related:§ Understanding the requirement of IFRS17/SII in scope work and complete the assigned tasks with high quality. § Actuarial model result analysis including validation, analysis of change, economic and non- economic Stresses, Sensitivities, Critical Scenario, Back-testing etc.§ Base and stressed balance sheet and P&L account...

  • Analyst - Actuarials

    4 weeks ago

    Gurugram, India WNS Global Services Full time

    Job DescriptionProcess Related:§ Understanding the requirement of IFRS17/SII in scope work and complete the assigned tasks with high quality. § Actuarial model result analysis including validation, analysis of change, economic and non- economic Stresses, Sensitivities, Critical Scenario, Back-testing etc.§ Base and stressed balance sheet and P&L account...

  • Analyst - Actuarials

    4 weeks ago

    Gurugram, India WNS Global Services Full time

    Job DescriptionProcess Related:§ Understanding the requirement of IFRS17/SII in scope work and complete the assigned tasks with high quality. § Actuarial model result analysis including validation, analysis of change, economic and non- economic Stresses, Sensitivities, Critical Scenario, Back-testing etc.§ Base and stressed balance sheet and P&L account...

  • Senior Actuarial Analyst

    3 months ago

    Gurugram, India Milliman Full time

    Job Brief We are looking to recruit for the position of Senior Actuarial Analyst , based in Milliman’s Gurgaon Office. Successful candidates will have the opportunity to work across a wide variety of retirement/employee benefit issues and develop their consulting expertise. Key Responsibilities · Assist in preparation of actuarial valuation and...

  • Senior Actuarial Analyst

    3 months ago

    gurugram, India Milliman Full time

    Job Brief We are looking to recruit for the position of Senior Actuarial Analyst , based in Milliman’s Gurgaon Office. Successful candidates will have the opportunity to work across a wide variety of retirement/employee benefit issues and develop their consulting expertise. Key Responsibilities · Assist in preparation of actuarial...

  • Senior Actuarial Analyst

    4 weeks ago

    Gurugram, India Milliman Full time

    Job Brief We are looking to recruit for the position of Senior Actuarial Analyst , based in Milliman’s Gurgaon Office. Successful candidates will have the opportunity to work across a wide variety of retirement/employee benefit issues and develop their consulting expertise. Key Responsibilities · Assist in preparation of actuarial valuation and...