Process Developer- Technical Accouting!

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.

Inviting applications for the role of Assistant Manager/ Domain Trainee/Management Trainee/ Process Developer - Technical Accounting

In this role, you will be required to utilize your knowledge in the insurance and reinsurance fields to manage and process transactions, interact with clients, manage processes and data, and improve processes.

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, HL 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)

• Liaise with external and internal clients in resolving data issues

Qualifications we seek in you!

Minimum qualifications

· B. Com / BBA.

· Relevant work experience, preferably in Commercial Insurance/Finance & Accounting domain.

Preferred Qualifications

· Experience working with the SICS system.

· Experience working in a technical accounting unit of a Reinsurance/insurance company

· Good knowledge of MS Office.

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. For more information, visit www.genpact.com . Follow us on Twitter , Facebook , LinkedIn , and YouTube .

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.