Insurance Reinsurance Contracts Specialist
4 days ago
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.
Job DescriptionWe are looking for professionals with Reinsurance domain experience who have a good understanding of upstream and downstream of Reinsurance Contracts and Accounting.
- Ceded Premium/Loss Processing - Calculating and booking of ceded premiums & losses in the legacy system. Good knowledge in the reinsurance calculation of proportional/ non-proportional contracts
- Re-insurance Contract Set up basis information derived from Facultative Certificate
- Coordinate with broker/reinsurer/underwriter to get supporting documents, understanding reinsurance structure, analyzing and interpreting limits and various terms & conditions of contracts and accordingly entering into system
- Research and analyze the Premium discrepancies in order to clear Open transactions and items on Broker billing statements
- Review & Preparation of Reinsurance Bordereau
- Respond to queries related to above activities
- Follow-up with various departments to get supporting documents/ info for discrepancy resolution
- Identify opportunities and recommend solutions for process and automation enhancements
- Work as a team player to process any adhoc request in a timely manner
- B.Com
- Excellent Communication Skills
- Preferred qualifications:
- Relevant experience in Insurance/Reinsurance accounting/reporting
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.
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