
Assistant Manager-Reinsurance
4 days ago
Job Description
Ready to shape the future of work
At Genpact, we don't just adapt to change, we drive it. AI and digital innovation are
redefining industries, and we're leading the charge. Genpact's AI Gigafactory, our
industry-first accelerator, is an example of how we're scaling advanced technology
solutions to help global enterprises work smarter, grow faster, and transform at scale.
From large-scale models to agentic AI, our breakthrough solutions tackle companies
most complex challenges.
If you thrive in a fast-moving, tech-driven environment, love solving real-world
problems, and want to be part of a team that's shaping the future, this is your moment.
Genpact (NYSE: G) is an advanced technology services and solutions company that
delivers lasting value for leading enterprises globally. Through our deep business
knowledge, operational excellence, and cutting-edge solutions - we help companies
across industries get ahead and stay ahead. Powered by curiosity, courage, and
innovation, our teams implement data, technology, and AI to create tomorrow,
today. Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook.
We are inviting applications for the role of Assistant Manager, Reinsurance
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 prompt completion of
Treaty reinsurance premium booking transactions
. Handles the negotiation, placement, and maintenance of ceded reinsurance
treaties. This role will meet with business unit leaders to figure out how
reinsurance can support their strategic initiatives
. Understand all reinsurance processes and be able to research and process daily
assumed/Ceded reinsurance new business as well as renewal transactions
(Submissions and Premium Booking)
. Ensure new and renewal treaty business underwrite in accordance with the
underwriting authority, taking care of complex treaty placements including all
tasks associated with information, data gathering, Analyzing documents,
coverage analysis, Premium calculations.
. Providing Treaty 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.
. Ensure that the treaty reinsurance has the right structure, the right terms and
conditions, at the best possible price.
. Maintain work tracking system to provide up to date and accurate metrics on
treaty reinsurance submission premium booking activity
. Experience of handling of complex treaty reinsurance agreements that require
processing outside the standard reinsurance workflow.
. Prepare recurring status reports on facultative reinsurance premium booking
activity
. Willing to work flexible and varying shifts through the year and also must react
positively and effectively to needs of balancing volume spikes (usually at quarter
& Year ends)
Qualification we seek in you
Minimum Qualification
. Any graduate except technical
. Relevant experience in Reinsurance & Underwriting will be an advantage
Preferred Skill Set:
. Required P&C Reinsurance experience in Treaty business and Good
understanding of Reinsurance Slips & Certificate
. Knowledge of Endorsement processing and Premium calculations and Exposure
to UK & US Reinsurance markets
. Preferred Certification in Insurance & Reinsurance e.g. LM1, LM2, IIA & ARE
. Advance excel knowledge required
. Good in Analytical Ability and Decision-making
Why join Genpact
. Be a transformation leader - Work at the cutting edge of AI, automation, and digital
innovation
. Make an impact - Drive change for global enterprises and solve business challenges
that matter
. Accelerate your career - Get hands-on experience, mentorship, and continuous
learning opportunities
. Work with the best - Join 140,000+ bold thinkers and problem-solvers who push
boundaries every day
. Thrive in a values-driven culture - Our courage, curiosity, and incisiveness - built on a
foundation of integrity and inclusion - allow your ideas to fuel progress
Come join the tech shapers and growth makers at Genpact and take your career in the
only direction that matters: Up.
Let's build tomorrow together.
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 respect and integrity, customer focus, and innovation.
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 %27starter kit,%27 paying to apply, or purchasing equipment or training.
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