New York, USA
14 hours ago
Vice President, L&A Service Line

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000 people across 30 countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose – the relentless pursuit of a world that works better for people – we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.

Inviting applications for the role of Vice President, Life Insurance Domain Expert

We are seeking a highly skilled and experienced Life Insurance Domain Expert to join our esteemed team in US. This is a senior leadership role in the Life Insurance segment, that requires the ability to constantly switch between tactical and strategic lens. In deal pursuits, this executive SME will provide direction to a cross functional deal team, as well as personally contribute to the understanding of business and technology problems, define solution and draw out the most appropriate response to the client’s ask that maximizes the value for both Genpact and the client.

Responsibilities

Business Expertise

Lead solution building effort involving understanding client situation challenges, articulating our solution value proposition appropriately

Create the optimal operating model for the client and work with FPA teams to build a viable commercial case for Genpact and for the client

LSA is required to liaison with sales teams to understand potential opportunities and work with them convert the opportunities into deals. The role requires the ability to work across functions, partner ecosystem and the client organization

Technical Expertise

Proven understanding of LA policy admin systems, client buyer trends, emerging technology options and understanding of buying decision driver in CIO/CTO office

Experience in leading guiding conversations on policy conversions in Life Annuity, challenges experienced in conversion and how insurers are addressing these challenges

Hands-on experience in addressing enterprise level transformation initiative involving Automation, Contact Center and/or mailroom in last 24 months.

Executive presentations, internal and external, are an important function of this role. Ability to clearly and succinctly communicate and strong executive presence is a must.

When not working on specific deal pursuits, this role is required to create and augment market facing material to continuously enhance the message of strength in the Life and Annuities segment. The LSA will be required to work closely with Insurance strategy and Marketing teams to ensure Genpact’s offerings are always recent and aligned to buyer needs. From time to time, LSA will publish industry relevant blogs, articles, and white papers.

Qualifications we seek in you

Minimum Qualifications

Solid foundational knowledge of Insurance, specifically in Group and Individual Life and retirement products.

Relevant years of hands on Experience in leading client engagements – Relationship management, operations, Re-Engineering and/or Transitions

Must have worked directly or as a vendor for a Life and Annuities insurer in US, UK or Australia for some years

Experience of having led cross functional project teams that did not have a direct reporting relationship to the candidate

Be aware of the general US and UK life and annuities regulations

Must have in-depth knowledge of offshoring in the LA industry and a good sense of the competitors that operate in this space

Must have good leadership, interpersonal and storytelling skills

Extremely strong executive presence Interest and curiosity to explore developments in the market be engaging with internal teams, external experts

Problem solver, creative thinker

Excellent MS power point skills

Extremely strong financial acumen to create and understand business cases

Preferred Qualifications/ Skills

A short stint as a consultant / advisor delivering project from a client site is preferred

Prior experience of managing PL

Prior experience of appearing in public – blogs, articles, webinar, videos, panels

The approximate annual base compensation range for this position is [$275000 to $300000]. The actual offer, reflecting the total compensation package plus benefits, will be determined by a number of factors which include but are not limited to the applicant’s experience, knowledge, skills, and abilities; geographic location; and internal equity

Work-from-Anywhere Roles– “Los Angeles California-based candidates are not eligible for this role”

Location-based Roles(e.g., Richardson roles – metro area can be adjusted by role location)– “Los Angeles, California based candidates are not eligible for this role. <Dallas Metro> area candidates are eligible for this role only.”

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 diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit www.genpact.com . Follow us on Twitter, Facebook, LinkedIn, and YouTube.

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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