Associate - Insurance - Life 5A

Genpact; Pune District; On-site; INR 600,000 - 900,000; Full time

Job summary

Genpact in Pune, India is seeking an Associate - Insurance - Life to analyze complex insurance data, develop and validate actuarial models for pricing and risk, and collaborate with underwriting and finance to deliver data-driven recommendations.

The role requires extensive actuarial education and professional designations, with opportunities to contribute to regulatory documentation and product development within a fast-moving AI-enabled environment.

Qualifications

• Bachelor's/Master's qualifications in actuarial science, economics, finance, risk management, statistics, or actuarial-related certifications.
• Professional actuarial designations are preferred (CFA, CFE, CPCU, FIA).
• Industry knowledge in insurance and risk management is important.

Responsibilities

• Analyze complex insurance data sets to identify trends and inform decisions.
• Develop, maintain, and validate actuarial models for pricing and risk.
• Collaborate with underwriting, finance, and operations for data-driven recommendations.
• Prepare reports and presentations for stakeholders.
• Monitor industry trends and regulatory changes to ensure compliance.
• Support product development, pricing, and risk management through quantitative analysis.
• Document actuarial processes, assumptions, and methodologies.

Education

Bachelors - Actuarial Science

Bachelors - Economics

Bachelors - Finance

Bachelors - Risk Management and Insurance

Masters - Statistics

Associate in Claims (AIC) - The Institutes (USA)

Certified Financial Analyst (CFA) - Skillab

Certified Fraud Examiner (CFE) - ACFE

Chartered Property Casualty Underwriter (CPCU) - IIA

Fellow of the Institute of Actuaries (FIA) - UK

Job description

Associate - Insurance - Life

Ready 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 Description Responsibilities:

• 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.

Qualifications

• Bachelors - Actuarial Science
• Bachelors - Economics
• Bachelors - Finance
• Bachelors - Risk Management and Insurance
• Masters - Statistics
• Associate 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 Skills

• Critical Thinking
• Fraud Management
• Insurance
• Life Insurance
• Quality Management
• Language English (Required)
• Language Proficiency - Intermediate - B1
• Additional Job Location - Job Type Regular Master Skill List - Insurance - Life Remote Type - Office Work Shift - Day Job (India)

Why join Genpact?

• Lead AI-powered transformation - Drive innovation and solve real-world business challenges that matter
• Make an impact - Help global enterprises solve business challenges that matter
• Accelerate your career - Gain hands-on experience, mentorship, and world-class learning opportunities to stay ahead
• Work with the best - Join 140,000+ bold thinkers and problem-solvers who push boundaries every day
• Thrive in a values-driven culture - Our courage, curiosity, and incisiveness - built on a foundation of integrity and inclusion - allow your ideas to fuel progress
• Come 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.