Genpact is hiring a Senior Consultant to play a key role supporting a Large Global Insurance Company with its capital regime framework, focusing on interpretation and change implementation. This position requires sound judgment, deep technical specialization, and the ability to independently execute and review complex regulatory activities while guiding junior team members.
What You'll Do
- Execute quarterly Solvency II capital calculations across Standard Formula and/or Internal Model components under established methodologies.
- Perform detailed capital calculations for key risk modules, including Market Risk (interest rate, equity, spread, currency, concentration), Credit Risk (counterparty default, credit migration), Underwriting Risk for Life and/or Non-Life portfolios, and Operational Risk.
- Support calculation of Loss-Absorbing Capacity of Deferred Taxes (LAC DT) and technical provisions.
- Assist in risk aggregation, diversification and correlation adjustments as part of SCR computation.
- Prepare draft Quantitative Reporting Templates (QRTs) and supporting analysis for capital-related submissions.
- Conduct first-level data checks, reconciliations, and validation of capital inputs and outputs.
- Maintain detailed documentation including calculation files and methodological documentation.
- Support stakeholder queries by providing data extracts, explanations and supporting evidence.
What We're Looking For
- Bachelor’s or master’s degree in Actuarial Science, Finance, Economics, or a related field.
- Understanding of insurance regulatory frameworks and capital governance.
Nice to Have
- Professional certifications such as Actuary, FRM, CFA or MBA.
- Experience in Solvency II Directive and Delegated Acts.
- Experience in Insurance capital concepts and risk drivers.
- Experience in Risk & Compliance.
- Ability to assess and improve regulatory processes across the organization.
- Proficient in preparing process narratives and high quality working papers.
- Strong analytical abilities with the capability to interpret complex evidence and identify root causes.
- Excellent written and verbal communication, including report writing and issue drafting.
- Ability to work on multiple assignments simultaneously and manage deadlines in a global delivery model.
Technical Stack
- MS Office (Excel, Word, PowerPoint)
- PowerBI
- GRC tools
- Regulatory reporting platforms (Wolters Kluwers, Axiom)
- Workflow systems
Team & Environment
You will be responsible for guiding junior team members, acting as a reviewer, quality controller, and process lead to ensure high-quality outputs.
Benefits & Compensation
- Be a transformation leader – Work at the cutting edge of AI, automation, and digital innovation.
- Make an impact – Drive change for global enterprises and solve business challenges that matter.
- Accelerate your career – Get hands-on experience, mentorship, and continuous learning opportunities.
- 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.
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.
