Opening with Genpact for Actuarial - P&C Domain - Immediate Joiners
With a startup spirit and 90,000+ curious and courageous minds, we have the expertise to go deep with the world's biggest brands-and we have fun doing it. Now, we're calling all you rule-breakers and risk-takers who see the world differently and are bold enough to reinvent it. Come, transform with us.
Renewal Rate Change and Retention:
- Performing monthly policy level renewal rate change calculations using web based custom Client application (US) and excel based tool (Bermuda), including performing manual interventions to scrub the data and modify calculation, if needed.
- Performing monthly and quarterly renewal rate change and retention reporting.
- Performing renewal rate change and retention ad hoc reporting, as directed by Client.
Portfolio Monitoring:
- Performing monthly ranking of upcoming policy renewals for US and Bermuda, and monitoring renewal rate changes and retention results by renewal grade (monthly);
- Performing quarterly reporting for gross and net written premium and unpaid losses by annual statement line grouping.
- Supporting Risk Management by providing information quarterly on in force premium and policies by US Profit Center;
- Performing User Acceptance Testing (UAT) on reports
- Performing ad hoc reporting, including portfolio slices and claim measures, as directed by Client.
- Performing ad hoc analysis, as requested/directed by Client.
Responsibilities
- Be the primary point of contact for assigned pursuits to work with the Actuarial team
- Work with respective Line Actuary and provide all the necessary support to the same
- Own the communications/delivery for the allocated LOB's
Qualifications
Minimum qualifications
- Graduate/Post-graduates preferably in quantitative science
- 4 Actuarial exams from CAS or any other equivalent Actuarial society
- 8 years of Actuarial experience in Property & Casualty Insurance
- Team handling
- Proficiency in MS Excel/MS Access
- Excellent analytical ability
- Working Knowledge of SQL
- Basic understanding of programming fundamentals like VBA/R/Python
Preferred qualifications
- Working Knowledge of VBA
- Working Knowledge of R/Python
- Good Communication skills
Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit www.genpact.com. Follow us on Twitter, Facebook, LinkedIn, and YouTube.
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