Summary
Overview
Work History
Education
Skills
Timeline
Generic
Varun Seth

Varun Seth

Croydon,Greater London

Summary

Seasoned consultant with 14 years of professional experience in Finance & Accounts domain across diverse roles such as Operational Excellence, Business Transitions, Process Reengineering, Due Diligence assessments, Transformation & Automation projects. Experience of handling strategic & tactical roles helping Organizations in their transformation journeys with specialization in Banking & Financial Services, Insurance verticals.

Overview

12
12
years of professional experience
3
3
years of post-secondary education

Work History

Senior consultant

Genpact UK Limited (Client - Aspen Insurance)
06.2023 - Current
  • Managed financial accounting and reporting for reinsurance contracts, including proportional and non-proportional treaties, as well as facultative reinsurance arrangements.
  • To analyse financial results, assess variances against plan, prepare relevant reports and provide insightful commentary on findings.
  • Quarterly analytics of underwriting activity supporting FP&A, underwriters, actuaries and group reporting.
  • Ensure the SOX controls associated with the work performed are executed and documented to internal timelines.
  • Work closely with the Head of Reinsurance on recurring and ad hoc requirements, including setting out reporting processes, operating manuals and data requirements in relation to new reinsurance projects
  • Develop, implement, and maintain process documentation and controls over financial reporting.
  • Lead process improvement initiatives and actively work to streamline reporting processes to provide prompt delivery of collateral and financial reporting
  • Assist with finance transformation projects, including scoping, documenting, and testing by coordinating with internal and external stakeholders

Lead Business Analyst

Genpact UK Limited (Client - Chubb Insurance)
10.2022 - 06.2023
  • Work closely with underwriters, underwriting managers, and shared service centers to gather detailed business requirements for process improvements, system enhancements, or new product development.
  • Facilitate workshops, interviews, and meetings with stakeholders to understand business needs and challenges.
  • Document functional and non-functional requirements for underwriting systems, ensuring clarity and completeness for developers and technical teams.
  • Create and maintain detailed business requirement documents (BRDs), use cases, process flow diagrams, and user stories to capture underwriting needs.
  • Act as the liaison between the underwriting department and IT teams to ensure that system changes or new underwriting platforms meet business needs.
  • Manage project timelines, resources, and deliverables, ensuring that initiatives are completed on time and within budget.
  • Develop user manuals, training guides, and other documentation to support the adoption of new technologies.
  • Help shape the company’s change roadmap to support the Target Operating Model

Senior Operations manager

Genpact India (Client - US Banking)
01.2013 - 09.2022
  • Managed team size of 70 folks for US banking client - GL reconciliations, month end reporting, reclassify and allocation of journals, accrual postings
  • Ensuring delivery of SLA`s/CSL’s as per SOW and resolving operational issues/challenges
  • Handling communications and escalations on failures/risks identified and providing mitigation plans
  • Lead account review meetings with internal and external stakeholders
  • Ensuring effective allocation and utilization of resources across the

teams to maximize effectiveness

  • Drive and mentor teams on process enhancements/continuous

improvement projects and digitization

  • Coordinating with other business functions - HR, Quality, Training to for day to operational requirements

Education

Business commerce and accounting

University of Delhi
India
07.2006 - 06.2009

IFRS Diploma

ACCA
United Kingdom
10.2017 - 03.2018

Skills

  • Project Management
  • Process Mapping & Modelling
  • Industry Knowledge - Banking & Insurance
  • Target Operating Model
  • Business Case Development
  • Requirements Gathering & Documentation
  • Risk & Impact Assessment
  • Design Thinking
  • Green Belt Certified, LSS principles
  • Risk & Governance
  • Microsoft Office Suite & Data Visualization Tools
  • Operational Delivery
  • Stakeholder Management
  • People Management & Leadership
  • Proactive communication
  • Cross-Functional Collaboration


Timeline

Senior consultant

Genpact UK Limited (Client - Aspen Insurance)
06.2023 - Current

Lead Business Analyst

Genpact UK Limited (Client - Chubb Insurance)
10.2022 - 06.2023

IFRS Diploma

ACCA
10.2017 - 03.2018

Senior Operations manager

Genpact India (Client - US Banking)
01.2013 - 09.2022

Business commerce and accounting

University of Delhi
07.2006 - 06.2009
Varun Seth