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Process Developer

3 months ago

Noida, Uttar Pradesh, India Genpact Full time
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 Process Developer - Reinsurance (Outwards/Ceded)]

In this role, the candidate will be working on reinsurance portfolio related to specialty insurance and submit the Ceded Premium & Losses data files to actuarial as per Quarterly reserving timetable.

Responsibilities

  • To set-up the ORI contracts (Quota Share, Excess of Loss & FAC)
  • To submit the Ceded Premium & Losses data files to actuarial as per Quarterly reserving timetable
  • To Prepare & Post the Premium & Losses journals in the ORI Ledgers
  • To approve/object Premium & Losses entries in LORS
  • IBNR file submission within quarter close timetable
  • Quota Share Bordereaux submission to Market/Broker within the reporting days mentioned in the contracts/slips
  • To set-up the ORI contracts (Quota Share, Excess of Loss & FAC)
with complete accuracy

  • To approve/object Premium & Losses entries in LORS
  • Large Gross Loss Settlement
  • Supporting the team with various credit control activities, including Statement of Account preparation, ledger reconciliation, and cash allocation
Qualifications we seek in you
Minimum Qualifications / Skills

  • B.Com/BA Graduate with relevant experience
Preferred Qualifications/ Skills

  • Ability to work with stakeholders to assess potential risks.
  • Ability to translate business requirements into non-technical, lay terms.
  • High-level written and verbal communication skills.

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.

Get to know us at and on LinkedIn, X, YouTube, and Facebook.

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.