Associate - Insurance - Life 5A

Genpact; Lucknow; Hybrid; INR 600,000 - 900,000; Full time

Job summary

Genpact is hiring for an Associate in Insurance (Life). The role focuses on analyzing complex insurance datasets, building and validating actuarial models, and delivering data-driven insights to support pricing and risk management.

Collaboration with underwriting, finance, and operations is essential to align analyses with business goals. The position requires strong critical thinking, knowledge of life insurance, and proficiency in English.

Qualifications

• Bachelor's degree in Actuarial Science, Economics, Finance, or Risk Management and Insurance.
• Master's in Statistics preferred.
• Certifications include AIC, CFA, CFE, CPCU, FIA.

Responsibilities

• Analyze complex insurance data sets to identify trends, patterns, and insights for business decisions.
• Develop, maintain, and validate actuarial models to evaluate risk and pricing strategies.
• Collaborate with underwriting, finance, and operations to provide data-driven recommendations.
• Prepare clear reports and presentations to communicate findings to stakeholders.
• Monitor industry trends, regulatory changes, and emerging risks to ensure compliance and relevance of analyses.
• Support decision-making for product development, pricing, and risk management through quantitative analysis.
• Contribute to documentation of actuarial processes, assumptions, and methodologies for internal and regulatory purposes.

Skills

Critical Thinking

Insurance

Life Insurance

Quality Management

English Proficiency

Education

Bachelor's in Actuarial Science

Bachelor's in Economics

Bachelor's in Finance

Bachelor's in Risk Management and Insurance

Master's in Statistics

Job description

Associate - Insurance - LifeReady to turn bold ideas into real-world impact?At Genpact, we don’t just adapt to change, we lead it. AI and digital innovation are transforming the way businesses work, and we’re at the forefront of it. Genpact’s AI Gigafactory, our industry-first accelerator, exemplifies how we scale advanced technology solutions to help global enterprises work smarter, grow faster, and transform at scale. Whether tackling complex challenges through large-scale models or agentic AI, our breakthrough solutions tackle companies’ most complex challenges.If you thrive in a fast-moving, innovation-driven environment, love building and deploying cutting-edge AI solutions, and want to push the boundaries of what’s possible, this is your moment.Genpact (NYSE: G) is an agentic and advanced technology solutions company. We leverage process intelligence and artificial intelligence to deliver measurable outcomes. With a strong partner ecosystem and decades of client trust, we provide innovative solutions that transform how businesses run. Powered by a team with an active learning mindset and client centricity at its core, we deliver lasting value for the world’s leading enterprises.Get to know us at genpact.com and on LinkedIn, YouTube, X, and Facebook.Job DescriptionResponsibilities: Analyze complex insurance data sets to identify trends, patterns, and insights that inform business decisions. Develop, maintain, and validate actuarial models to evaluate risk and determine appropriate pricing strategies. Collaborate with cross-functional teams, including underwriting, finance, and operations, to provide data-driven recommendations. Prepare clear and concise reports and presentations to communicate findings and recommendations to stakeholders. Monitor industry trends, regulatory changes, and emerging risks to ensure compliance and relevance of analyses. Support decision-making for product development, pricing, and risk management through quantitative analysis. Contribute to the documentation of actuarial processes, assumptions, and methodologies for internal and regulatory purposes.QualificationsBachelors - Actuarial Science, Bachelors - Economics, Bachelors - Finance, Bachelors - Risk Management and Insurance, Masters - StatisticsCertificationsAssociate in Claims (AIC) - The Institutes (USA)The Institutes (USA), Certified Financial Analyst (CFA) - SkillabSkillab, Certified Fraud Examiner (CFE) - ACFEACFE, Chartered Property Casualty Underwriter (CPCU) - Insurance Institute of America (IIA)Insurance Institute of America (IIA), Fellow of the Institute of Actuaries (FIA) - Institute and Faculty of Actuaries (UK)Institute and Faculty of Actuaries (UK)Required SkillsCritical Thinking, Fraud Management, Insurance, Life Insurance, Quality ManagementLanguageEnglish (Required)Language Proficiency -Upper Intermediate - B2Additional Job Location -Job TypeRegularMaster Skill List -Insurance - LifeRemote Type -HybridWork Shift -Flex Time (India)Why join Genpact?Lead AI-powered transformation – Drive innovation and solve real-world business challenges that matterMake an impact – Help global enterprises solve business challenges that matterAccelerate your career – Gain hands-on experience, mentorship, and world-class learning opportunities to stay aheadWork with the best – Join 140,000+ bold thinkers and problem-solvers who push boundaries every dayThrive in a values-driven culture – Our courage, curiosity, and incisiveness - built on a foundation of integrity and inclusion - allow your ideas to fuel progressCome join the 140,000+ coders, tech shapers, and growth makers at Genpact and take your career in the only direction that matters: Up.Let’s build tomorrow together.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 respect and integrity, customer focus, and innovation.Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a 'starter kit,' paying to apply, or purchasing equipment or training.