Process Developer, Technical Accounting
4 weeks ago
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 Inviting applications for the role of Process Developer Technical Accounting In this role you should have In-depth understanding of Reinsurance Technical Accounting - Assumed Business with solid organizational problem solving and inter-personal skills Responsibilities Identification validation and processing of technical statements of account for all types of business Proportional Non-Proportional Treaty business and FAC Business Must be having good understanding of technical verification of accounts within the context of our validation framework and contract wording Handling of financial transactions related to statements of account claims payments reconciliation of broker statements Accounting reporting of collateralized amounts to ensure compliance with contract requirements Calculation of reinstatement premiums reserving Portfolio In Out Premium adjustments deposit retain release Headline Loss Large Losses adjustments profit commissions sliding scale no claims bonus other fees in accordance with contract terms Supporting quarter close by assuring high levels of data quality on client reported figures actively participate in close process with multi-GAAP e g close open worksheets validate Loss Sensitive Features work closely with Finance handle queries from management external and internal auditors End to end understanding of Unallocated cash and Aged receivable clearance life cycle Liaise with external and internal clients in resolving data issues Qualifications we seek in you Minimum Qualifications Skills Commerce Graduation Post Graduation Prior team leading experience This is not required for resources at 4A level and below Proven experience within Re-Insurance domain preferably Assumed business Solid organizational problem solving and inter-personal skills Strong relationship building and organizational navigation skills Excellent written and verbal skills Strong presentation skills- Band 4A and above Preferred Qualifications Skills Reinsurance domain knowledge preferably Technical Accounting Experience in working with SICS system would be added advantage Good knowledge of MS Excel PowerPoint 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 starter kit paying to apply or purchasing equipment or training
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