Domain Trainee- Reinsurance

Genpact

0 - 3 years

Gurugram

Posted: 17/12/2024

Job Description

Responsibilities

  • Reinsurance contract administration - setting up the reinsurance contract in the legacy system (Treaty and FAC)

  • Ceded premium/loss processing - calculating and booking of ceded premiums and losses in the legacy system. Good knowledge in the reinsurance calculation of proportional/ non-proportional contracts

  • Reinsurance balance payable and receivable -handling reinsurance payments and collections

  • Creating Reinsurance journals, handling accounting transactions and performing general ledger reconciliations

  • Review and preparation of reinsurance bordereau

  • Financial reporting

Qualifications we seek in you!

Minimum Qualifications / Skills

  • Commerce Graduation/Post Graduation

  • Prior team leading experience for Band 4A and above level.

  • Proven experience within Re-Insurance domain preferably underwriting Assistance

  • Solid organizational, problem solving, and inter-personal skills

  • About Company

    Genpact is a global professional services firm that offers a wide range of digital transformation services and solutions. With a presence in over 30 countries, Genpact leverages its deep domain expertise in operations and analytics to help businesses transform their operations, improve efficiency, and enhance customer experience. The company combines digital technology, data science, and operational excellence to deliver business outcomes across various industries, including banking, insurance, manufacturing, and healthcare. Founded in 1997 as a subsidiary of GE, Genpact has grown into an independent, NYSE-listed company with a diverse workforce of over 90,000 employees globally.

Services you might be interested in

One-Shot Campaign

Reach out to ideal employees in one shot!

The intelligent campaign for reaching out to the ideal audience to whom you can ask for help (guidance or referral).