Assistant Manager - Reinsurance Contracts

Genpact

5 - 10 years

Gurugram

Posted: 29/11/2024

Getting a referral is 5x more effective than applying directly

Job Description

Responsibilities

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
Re-insurance Contract Set up basis information derived from Facultative Certificate
Coordinate with broker/reinsurer/underwriter to get supporting documents, understanding reinsurance structure, analyzing and interpreting limits and various terms & conditions of contracts and accordingly entering into system
Research and analyze the Premium discrepancies in order to clear Open transactions and items on Broker billing statements
Review & Preparation of Reinsurance Bordereau
Respond to email /phone queries related to queries related above activities
Follow-up with various departments to get supporting documents/ info for discrepancy resolution
Identify opportunities and recommend solutions for process and automation enhancements
Work as a team player to process any adhoc request in a timely manner
Deliver quality customer service by researching and responding to all internal & external stakeholders inquiries quickly, effectively and professionally
Escalate problems to senior staff members and or management as appropriate

Minimum Qualifications

B.Com
Excellent Communication Skills

Preferred Qualifications

Relevant experience in Insurance/Reinsurance accounting/reporting

About Company

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