Assistant Manager, Underwriting Support Delegated Authority

Genpact

5 - 10 years

Gurugram

Posted: 29/11/2024

Job Description

Responsibilities

Manage team of 10-15 staff as per given service level targets
Knowledge of Binding Authority/ Delegated Authority Business for Cover holder
Good Knowledge of MS Office, MRC, MRCE and Bordereaux.
Provide technical support and bordereau processing assistance to other members of the team
Be experienced in a technical insurance role, such as account handling, wordings or underwriting, is essential
Be experienced in producing Binding Authority MRC Slips & Endorsements from scratch
Effective communications and forecast planning with the onshore client team
Excellent knowledge of binders process
Monitoring submissions of the monthly Bordereaux and chasing up any that are late
Leading weekly/monthly/quarterly discussions on operations with client UW and company stakeholders.
Understanding of risks faced by the function and the controls in place to manage and mitigate the risks
Ensuring clarity around priorities and goals for the entire functional area
Ability to function effectively in a team environment exercising good judgment
Working with senior management and other peers for strategy development and execution planning
Very good problem-solving skills & attention to detail.

Minimum Qualifications

Graduate (in any discipline)
Relevant work experience for London Market Insurance
Should have wing to wing knowledge of the Underwriting lifecycle
Must demonstrate and foster customer focus, teamwork, accountability, initiative and innovation.
Fluent in English language- both written and oral
Preferred Qualifications
Any Graduate (Preferred - BSc/B Com)

Preferred Qualifications

Insurance domain awareness
Good knowledge of MS Office
Preferred with certification on one of the streams i.e. CII London i.e. ALMI, FIT or Cert CII or equivalent or AINS, CPCU certification
Knowledge of Bureau/Non Bureau market
Knowledge of Binder, Lineslip and Consortium Processing
Exposure to Reinsurance Market and it's types such as Prop and Non prop
Exposure to Treaty and Fac Reinsurance

About Company

Genpact is a global professional services firm delivering digital transformation by putting digital and data to work to create competitive advantage.