AVP-Specialty Finance

We are inviting applications for the role of Assistant Vice President - Specialty Insurance. In this role, the candidate will be responsible for leading the team of F&A, UWS & Claims resources supporting a large global reinsurance/insurance specialty P&C service provider with presence across the UK (London Market), Europe, Bermuda, US, and Latin markets. This is a niche functional lead role and will manage a span of approximately 250 UWS, Claims, and F&A professionals across RI UWS, INS UWS, Delegated Authority, Claims, R2R, I2C, P2P, FP&A, Tax, and Stat Reporting for assumed and ceded operations.

Responsibilities:

• Deep domain knowledge in all sub-service lines within the Insurance & Reinsurance UWS, F&A domain for a specialty insurance service provider.
• Specific requirement on F&A in London Markets.
• Delivering value through transformation initiatives, ensuring zero-surprise operations and growing business with the client.
• Deliver tech and data analytics enabled operations on transaction/outcome commercials.
• Adhering to client & contract requirements, manage client relationship independently to CXO levels and work with the client organization to ensure common objectives are delivered.

Minimum Qualifications:

• Experience in the London / UK market is a must have.
• Lead the complete ambit of outsourced operations for UWS, & F&A to ensure high levels of customer satisfaction for both functional and CXO stakeholders.
• Groom and enable career progression while encouraging Genpact culture (CI2).
• Achieve/exceed retention targets and drive continuous upskilling within teams.
• Collaborate and work globally with other Genpact business leaders and functional leaders to build and commercialize existing and new product offerings.
• Demonstrate lean six sigma framework to drive continuous performance improvement and drive transformation agenda.
• Must be able to work with cross-functional teams like Operations, HR, Service Line, Digital, Transformation, Transitions, etc.
• Proactive, ability to troubleshoot, work through organizational change scenarios.
• Implement appropriate mechanisms to identify, understand and bring up performance gaps and/or performance breakthroughs.
• Develop and implement improvement plans to close performance gaps.
• Collaborate in the new deal process including solutioning, pricing, due diligence, transition, and stabilization.
• Experience to manage end-to-end client service delivery and P&L.
• Intellectual agility and analytical outlook.

Preferred Qualifications:

• Qualified Chartered Accountant or graduate/postgraduate from top commerce colleges would be desirable in the potential candidate.
• Extensive years’ experience in managing F&A operations and out of this relevant years in managing large teams and end-to-end service delivery.