Business Analyst - Actuarial - Urgent

icon building Company : Genpact
icon briefcase Job Type : Full Time

Number of Applicants

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000+

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Job Description - Business Analyst - Actuarial - Urgent

We are looking to hire a hardworking Business Analyst - Actuarial to join our growing team at Genpact in Gurgaon.
Growing your career as a Full Time Business Analyst - Actuarial is an awesome opportunity to develop competitive skills.
If you are strong in problem-solving, adaptability and have the right mindset for the job, then apply for the position of Business Analyst - Actuarial at Genpact today!

Business Analyst - Actuarial - INS017302

Business Analyst, Actuarial
: Operations

Gurugram, India

(    Headline to follow this format

Role/designation, team

Function

Location)


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. We dream in digital, dare in reality, and reinvent the ways companies work to make an impact far bigger than just our bottom line. We’re harnessing the power of technology and humanity to create meaningful transformation that moves us forward in our pursuit of a world that works better for people. Now, we’re calling upon the thinkers and doers, those with a natural curiosity and a hunger to keep learning, keep growing., People who thrive on fearlessly experimenting, seizing opportunities, and pushing boundaries to turn our vision into reality. And as you help us create a better world, we will help you build your own intellectual firepower. Welcome to the relentless pursuit of better.

Inviting applications for the role of Actuarial Analyst, Analytics
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 reporting of US Property monthly writings, as directed by Client;
  • Performing quarterly US Property loss ratio analysis by segment, as directed by Client;
  • Performing monthly reporting for Global Top 10 Key Measures by Profit Center;
  • 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 yearly benchmarking on industry loss ratios using publicly available information;
  • 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;


(    This is job description/relevance of the role)

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

(   List the important/tangible responsibilities with an active verb. Be/Map/Work/Own in this example. Lead/Deliver/Manage/Mentor as examples for others)

Qualifications
Minimum qualifications
• Graduate/Post-graduates preferably in quantitative science
• Actuarial exams from CAS or any other equivalent Actuarial society

• Actuarial experience in Property & Casualty Insurance

• Proficiency in MS Excel

• Knowledge of MS Access

• Excellent analytical ability

Preferred qualifications
• Knowledge of VBA/SQL
• Communication skills (   Split qualifications into minimum and preferred. )

Benefits of working as a Business Analyst - Actuarial in Gurgaon:


● Company offers great benefits
● Advancement opportunities
● Attractive package
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