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 Domain Trainee/ Assistant Manager - Reinsurance

We require someone with extensive knowledge and understanding of Reinsurance Balance Payable and Receivable and someone who can handle Reinsurance payments, receipts, collections & follow-ups with brokers.

Responsibilities

• Facultative Contract Management - Setting up & Maintain the FAC reinsurance contract
• 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
• Review & Preparation of Reinsurance Bordereau
• Prepare & review payment & receipt Journals, handling accounting transactions and Performing GL Reconciliations
• Ensure the quarterly and yearly instructions are reviewed and incorporated
• Responsible for the review and analysis of financial results, including analysis of actual results compared with expectations, as well as prior periods
• Communicate with customer on day-to-day basis and internal stakeholder on regular basis
• Team handling skills, daily query handling, feedback management to iron out the operational challenges and driving improvements (Lean) to bring better controls
• Exposure towards training methodology to drive effective training to bring desired result

Qualifications we seek in you

Minimum qualifications

• Graduation in Commerce (BCom)
• Relevant work experience
• Excellent command on Excel tools from day-to-day operations delivery standpoint
• Well versed with MS Excel, MS Word, MS Visio & MS PowerPoint
• Excellent Accounting conceptual knowledge to handle day to day operations and special events

Preferred qualifications

• Certification in P&C Insurance
• Good Reinsurance Knowledge and relevant years of experience in Reinsurance
• Good analytical and problem-solving skills
• Ability to communicate verbally and through emails with businesses
• Project Management and ability to manage several priorities

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. Get to know us at www.genpact.com and on X, 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.