India largest business process outsourcing (BPO) company Genpact, a pioneer in the actuarial process outsourcing (APO) business, which has been largely dependent on the US and UK marto five insurance clients in Australia .? He added that these are mid-size deals and are expected to happen by Q4?08 or by Q1? 09.
The actuarial process outsourcing industry is currently facing a huge talent crunch, as every year, not more than 120-130 actuaries pass out from institutes in the country . Currently, Genpact has about 200 actuaries including 70 student actuaries.
?With our APO business moving to the next level, we would also be increasing the number of actuaries at our end.? Thukral added.