Sr. Analyst Quantitative & Risk Analytics 4B

Sr. Analyst, Quantitative Risk Analytics

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Job Description

In this role, The Senior Consultant (Band 4B) plays a key role in supporting a Large Global Insurance Company across its capital regime framework, with a focus on interpretation and change implementation.

This role requires stronger judgment, deeper technical specialization, and the ability to independently execute and review complex regulatory reporting activities. Senior Consultants act as reviewers, quality controllers, and process leads, ensuring high‑quality, audit‑ready outputs while guiding junior team members.

Responsibilities

• 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
• Operational Risk using prescribed methodologies
• 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.

Qualifications we seek in you!

Minimum Qualifications

• Bachelor’s or master’s degree in Actuarial Science, Finance, Economics, or related fields.
• Professional certifications such as Actuary, FRM, CFA or MBA preferred (not mandatory but strongly valued).
• Understanding of insurance regulatory frameworks and capital governance.

Preferred Qualifications/ Skills

• Experience in:
  • Solvency II Directive and Delegated Acts
  • Insurance capital concepts and risk drivers
  • Risk & Compliance
• Capital Modelling & Cashflow Mechanics: Strong understanding of stochastic and deterministic cashflow generation across assets and liabilities, including projection logic, discounting frameworks, and linkage to BEL, Risk Margin, and SCR calculation under Solvency II.
• Scenario & Stress Transmission: Ability to articulate how market, credit, lapse, mortality, and expense shocks propagate through valuation models and impact SCR, Own Funds, diversification effects, and solvency ratios.
• Capital Methodologies & Simulation Techniques: Theoretical/ working knowledge of full revaluation vs sensitivity-based approaches, nested simulations, proxy models, Monte Carlo methodologies, and aggregation/correlation structures within Internal Model and Standard Formula frameworks.
• 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.
• Proficiency in MS Office (Excel, Word, PowerPoint), and familiarity with Reporting tools – PowerBI etc, GRC tools, Regulatory reporting platforms (Wolters Kluwers, Axiom etc) or workflow systems.

Qualifications

Masters - Business Analytics, Masters - Computer Science, Masters - Data Science, Masters - Statistics

Certifications

Financial Risk Manager (FRM) - LinkedIn Learning, Microsoft Certified: Azure Data Engineer Associate - Microsoft, Microsoft Certified: Azure Data Scientist Associate - Microsoft, Microsoft Certified: Fabric Analytics Engineer Associate (DP-600) - Microsoft, Professional Risk Manager (PRM) - International Business Management Institute (IBMI)

Required Skills

Advanced Analytics, Audit Risk Assessments, Core Banking, Credit Risk Analytics, Critical Thinking, Data Science, Enterprise Risk Management (ERM), Fraud Analytics, Machine Learning, Microsoft Office, Model Building, Model Risk, Personal Effectiveness, Python (Programming Language), Risk Analytics, Risk Management, SAS, Statistics, Storytelling

Language

English (Required), English (Required)

Language Proficiency -

Upper Intermediate - B2

Additional Job Location -

Job Type

Regular

Master Skill List -

Quantitative & Risk Analytics

Remote Type -

Office

Work Shift -

Flex Time (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.  
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.