Domain Trainee

4 weeks ago

Gurgaon, India Genpact Full time

**_With a startup spirit and 115,000+ curious and courageous minds, we have the expertise to go deep with the world’s biggest brands—and we have fun doing it. We dream in digital, dare in reality, and reinvent the ways companies work to make an impact far bigger than just our bottom line. We’re harnessing the power of technology and humanity to create meaningful transformation that moves us forward in our pursuit of a world that works better for people. Now, we’re calling upon the thinkers and doers, those with a natural curiosity and a hunger to keep learning, keep growing., People who thrive on fearlessly experimenting, seizing opportunities, and pushing boundaries to turn our vision into reality. And as you help us create a better world, we will help you build your own intellectual firepower. Welcome to the relentless pursuit of better._**

**_ _**
**_In this role you will be responsible for collaborating with appropriate reinsurance resources (i.e., Underwriting, Reinsurance, Accounting, Operations, IT, etc.) to report and provide resolution to issues preventing the accurate and timely completion of facultative reinsurance premium booking transactions_**

**_ _**
**_ Responsibilities: _**:
**_Understand all reinsurance processes and be able to research and process daily assumed/Ceded reinsurance new business as well as renewal transactions _**

**_Balance the placement of new and renewal reinsurance treaties. At strategic level, understand how each reinsurance program supports the activities for instance by enabling premium growth, owning the premium, surplus ratio, or reducing exposure to catastrophic loss_**

**_ _**

**_Providing Facultative support and services to clients from UK, US and APAC region._**

**_ _**

**_Adherence to underwriting rules and guidelines and developing good customer relationships through providing outstanding service._**

**_ _**

**_Meet regularly with business unit leaders and with Head of Reinsurance to discuss strategic value of reinsurance placements and make recommendations to leadership on the placement of new reinsurance treaties_**

**_ _**

**_Maintain work tracking system to provide up to date and accurate metrics on facultative reinsurance submission premium booking activity_**

**_ _**

**_Exception handling of complex facultative reinsurance agreements that require processing outside the standard reinsurance workflow._**

**_ _**

**_Qualifications we seek in you_**:
**_ _**

**_ Minimum Qualification_**

**_ _**

**_ _**

**_Any graduate except technical_**

**_ _**

**_Meaningful experience in Reinsurance & Underwriting will be an advantage_**

**_ _**

**_Preferred Skill Set_**:
**_ _**

**_Required P&C Reinsurance experience in Facultative business and good understanding of Reinsurance Slips & Certificate_**

**_ _**

**_Knowledge of Endorsement processing and Premium calculation and exposure to UK & US Reinsurance markets_**

**_ _**

**_Preferred Certification in Insurance & Reinsurance e.g. LM1, LM2, IIA & ARE_**

**_ _**

**_Proficient in MS office and Excel_**

**_ _**

**_Good in Analytical Ability and Decision-making_**

**_ _**

**_Excellent interpersonal 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. _**

**_
Job_**_Domain Trainee_

**_ Primary Location_**_India-Gurugram_

**_ Schedule_**_Full-time_

**_ Education Level_**_Bachelor's / Graduation / Equivalent_

**_ Job Posting_**_May 29, 2023, 3:24:20 AM_

**_ Unposting Date_**_Ongoing_
- Master Skills List_Operations_
- Job Category_Full Time_

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