Domain Trainee – Lloyds Underwriting

Genpact

0 - 3 years

Gurugram

Posted: 4/15/2025

Job Description

Responsibilities


Conduct Technical checks on insurance documentation to ensure accuracy, this includes using specific IT based system to supports the technical adjusting process with some supervision where applicable
Working knowledge of insurance and re-insurance from Lloyds of London Market is mandate
Well versed with the MRC Slips, Endorsement, Declarations, Submissions, quote and promise documents and its various sections
Premium reconciliation and adjustment in the system
Reviewing bordereaux files to resolve commission, premium difference
Active management of aged debts, unallocated cash, internal and external queries
Monthly reconciliation highlighting and recording transaction movement and raising with finance to ensure process is consistent
Monitor daily signing for Lloyds LIRMA accounts
Process daily cash analysis report
Follow up or escalate with responsible business units on outstanding breaks according to internal procedure
Timely and accurate processing of premium and endorsements
Support existing backlog clean up exercises
Working knowledge of Genius Application is mandate
Resolving Premium/ Claims/ Tax differences
Excellent written & verbal communication skills
Knowledge of MS Office and its tool
Taxes knowledge for different countries

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.

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