Domain Trainee- Reinsurance
Genpact
0 - 3 years
Gurugram
Posted: 03/09/2024
Getting a referral is 5x more effective than applying directly
Job Description
Responsibilities
:• Understand all reinsurance processes and be able to research and process daily assumed/Ceded reinsurance new business as well as renewal transactions
• Balance the placement of new and renewal reinsurance treaties. At strategic level, understand how each reinsurance program supports the activities for instance by enabling premium growth, owning the premium, surplus ratio, or reducing exposure to catastrophic loss
• Providing Facultative support and services to clients from UK, US and APAC region.
• Adherence to underwriting rules and guidelines and developing good customer relationships through providing outstanding service.
• Meet regularly with business unit leaders and with Head of Reinsurance to discuss strategic value of reinsurance placements and make recommendations to leadership on the placement of new reinsurance treaties
• Maintain work tracking system to provide up to date and accurate metrics on facultative reinsurance submission premium booking activity
• Exception handling of complex facultative reinsurance agreements that require processing outside the standard reinsurance workflow.
About Company
Genpact is a global professional services firm delivering digital transformation by putting digital and data to work to create competitive advantage.
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