Property & Casualty Solutions: Risk Management, Actuarial and Analytics Helping to provide decision enabling business insights is a key Genpact strength, taking the burden off you so that you can focus on your business priorities. Our global delivery structure and the depth of our end-to-end analytics and actuarial services enable smarter decision-making for insurers, thus enhancing efficiency and profitability across the enterprise. Genpact Risk Management, Actuarial, and Analytics services provide business insights across customer lifecycle via actuarial services, market assessment, competitor mapping, risk/operational analytics and portfolio monitoring to improve business effectiveness and enable smart decisions. Our Approach Genpact Enterprise Risk Management, Actuarial and Insurance Analytics for Property & Casualty is built on a history of providing best–in-class service at reasonable cost. With dedicated actuarial and business intelligence teams and flexible on-demand governance and risk consulting services, we provide comprehensive solutions designed to mitigate risk, reduce fraud, and ensure timely, intelligent use of market knowledge: Customer Lifecycle Analytics across customer acquisition, pricing/underwriting, claims and customer management aspects of insurance value chain Portfolio Analysis, Profitability/ Pricing/Reserve Studies and Process reviews including control design evaluation Actuarial pricing, reserving and valuation support with trained actuarial and other qualified resources, including asset valuation calculations and reporting Complex modeling techniques, including economic capital modeling, predictive modeling, risk modeling and VaR analysis and catastrophe modeling Business intelligence and marketing analytics, including industry trends analysis of countries, lines of business and competitors using experiential secondary research techniques and industry-leading tools such as SAS, PTS, APL, UNICA, Siebel, Knowledge Seeker, MG ALFA, Profit, Hyperion, Essbase and Cognos We are one of the only providers in the industry able to combine deep domain expertise along with experience in analytics, business intelligence, legacy systems, and re-engineering. Genpact’s proprietary, science-driven Smart Enterprise Processes (SEPSM) framework drives increased efficiency while delivering strong controllership and compliance. Our ability to produce significant business impact is reflected in our outcome-based pricing models that emphasize and incent superior performance. A Strong, Experienced Team Our emphasis on human capital development has built a strong, flexible, highly-experienced team and established actuarial development programs supporting Indian, UK, and US exams with more than 100 actuarial analysts enrolled. We have over 200 analytics professionals engaged across marketing, research, risk management and actuarial insurance services. Our analysts all have 5 or more years of experience and over 90% of our analysts have advanced degrees in quantitative sciences or management. We are committed to helping you realize your business goals by optimizing your business practices and applying our expertise to maximize business impact end to end. Genpact’s Enterprise Risk Management solution puts our experts to work when you need them, where you need them, and removes the guesswork from compliance, allowing you to put your focus where it needs to be-on growing your business. Client Successes For a major U.S.-based insurance company, Genpact developed credit risk analytics to optimally utilize the funds. This was done by providing VaR numbers (Economic Capital) for all lines of business, detailed sectoral analysis, and by developing a reporting platform to review and pinpoint those securities adding excess risk in proportion to the return they were generating, adding them to the company’s risk profile.