Process Associate, Finance Credit Controller

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 will support the Credit Risk Team in the management of premium debt due to client. Through the monitoring, collection of premiums and account review look to reduce the premium debtor position with any intermediary to client._

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- Responsibilities_
- _Collection and Accounting of Due Debt_
- _Through collation and capture of all due premium debt, effect the effective collection of all unpaid premium debt. In doing so identify any cleansing issues and liaise with underwriting teams to resolve them accordingly. Ensure the collection of all due debt through processes that are in accordance with client established collection and escalation guidelines. Ensuring effective allocation / accounting of all debt / cash received._
- _Broker and Cover holder Onboarding/Financial Assessments_
- _As required to manage the broker financial assessment and TOBA management for new and existing onshore brokers and cover holders._
- _Process Improvement_
- _Through the full understanding of: Business processes, system use and data capture work across the team to help improve debt collection and reporting. Monitoring the items identified for review to ensure that they are promptly resolved, recommending changes to processes which will mitigate recurrence._
- _Debt Monitoring/Analysis_
- _To monitor account specific debt cycles highlighting to the Credit Risk Manager & team of potential issues, deviances, or fluctuations in cycles. Thus, assisting in the management of credit risk to client_
- _Reporting_
- _To report actual debt / unallocated cash levels / future collectables, with trend analysis results issued across the team and established communication routes._
- _Relationship Management_
- _Project Work_
- _To assist as designated to Credit Risk related projects._
- _The Operating Environment and Context of the Job_
- _To be fully effective in this role you will have a good base knowledge of London, UK and AISE market practices including broker, bureau, and Managing Agency perspectives. Having effective communication and prioritization skills will enable you to ensure that credit risk debt is monitored, chased, and communicated across the team and group. Although not under strict time constraints there are "busy" periods, and these should become part of the debt trend process._
- _Ensuring debt levels and risk are minimized will assist in all client business processes._
- Qualifications we seek in you_
- Minimum Qualifications / Skills_
- _Degree in Finance (B. Com), or equivalent to Finance_
- _Experience in the financial sector, preferably in an insurance company_
- _Relevant years' experience in OTC - Accounts Receivables_

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- Preferred Qualifications/ Skills_
- _Effective communication skills_
- _Good analytical skills_
- _Structured / controlled approach_
- _Attention to detail._
- _Good Excel skills_
- _Stakeholder management_
- _Initiative / proactive_
- _Willingness to challenge and assimilate information_

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Job_**_Process Associate_

**_ Primary Location_**_India-Noida_

**_ Schedule_**_Full-time_

**_ Education Level_**_Diploma/Vocational Course_

**_ Job Posting_**_Nov 25, 2024, 9:18:58 AM_

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