Gurugram, India
20 hours ago
Senior Consultant, Capital Regime

Ready to shape the future of work?
At Genpact, we don’t just adapt to change—we drive it. AI and digital innovation are redefining industries, and we’re leading the charge. Genpact’s AI Gigafactory, our industry-first accelerator, is an example of how we’re scaling advanced technology solutions to help global enterprises work smarter, grow faster, and transform at scale. From large-scale models to agentic AI, our breakthrough solutions tackle companies’ most complex challenges.
If you thrive in a fast-moving, tech-driven environment, love solving real-world problems, and want to be part of a team that’s shaping the future, this is your moment.
Genpact (NYSE: G) is an advanced technology services and solutions company that delivers lasting value for leading enterprises globally. Through our deep business knowledge, operational excellence, and cutting-edge solutions – we help companies across industries get ahead and stay ahead. Powered by curiosity, courage, and innovation, our teams implement data, technology, and AI to create tomorrow, today. Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook.
Inviting applications for the role of Senior Consultant, Capital Regime
In this role, The Senior Consultant 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:
oSolvency II Directive and Delegated Acts
oInsurance capital concepts and risk drivers
oRisk 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.
•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.

Why join Genpact?
•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
Come join the 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.

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