Domain Trainee- Reinsurance Underwriting
Genpact
0 - 3 years
Gurugram
Posted: 21/05/2025
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 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).