Domain Trainee- Reinsurance

3 days ago

Gurugram Haryana, 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.**

**In this role, you should have In-depth understanding of Reinsurance**, **Underwr**iting activities with New Business, **renewals** and straight decline process**. Relevant **Business **understanding **with solid organizational, problem solving, and inter-personal skills.**

**Responsibilities**

**Reinsurance contract administration - setting up the reinsurance contract in the legacy system (Treaty and FAC)**

**Ceded premium/loss processing - calculating and booking of ceded premiums and losses in the legacy system. Good knowledge in the reinsurance calculation of proportional/ non-proportional contracts**

**Reinsurance balance payable and receivable -handling reinsurance payments and collections**

**Creating Reinsurance journals, handling accounting transactions and performing general ledger reconciliations**

**Review and preparation of reinsurance bordereau**

**Financial reporting**

**Qualifications we **seek** in you**

**Minimum **Q**ualifications** / Skills**

**Commerce Graduation/Post Graduation**

**Prior team leading experience** for Band **4A and above level.**

**Proven experience within Re-Insurance domain **preferably **underwriting Assistance**

**Solid organizational, problem solving, and inter-personal skills**

**Strong relationship building and organizational navigation skills**

**Excellent written and verbal skills**

**Strong presentation skills.**

**Preferred **Q**ualifications**/ Skills**

**Reinsurance domain knowledge,**

**Experience **in** working with **SICS** system would be **added** advantage.**

**Certification in Property and Casualty (P&C) Insurance** will be an added advantage**

**Good knowledge of MS Excel/PowerPoint**

**_
Job_**_Domain Trainee_

**_ Primary Location_**_India-Gurugram_

**_ Schedule_**_Full-time_

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

**_ Job Posting_**_Dec 6, 2024, 1:43:32 AM_

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

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