Management Trainee - Underwriting
Genpact
0 - 3 years
Gurugram
Posted: 03/09/2024
Getting a referral is 5x more effective than applying directly
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 Lloyd’s of London Market is mandate
• Well versed with the MRC Slips, Endorsement, Declarations, Submissions, quote and promise documents and it’s 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 Lloyd’s 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 delivering digital transformation by putting digital and data to work to create competitive advantage.
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