Domain Trainee- Reinsurance

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose – the relentless pursuit of a world that works better for people – we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI. 

Inviting applications for the role of Domain Trainee, Reinsurance 

In this role, you should have In-depth understanding of Reinsurance, Underwriting activities with New Business, renewals and straight decline process. Relevant Business understanding with solid organizational, problem solving, and inter-personal skills. 

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 
• Strong relationship building and organizational navigation skills 
• Excellent written and verbal skills 
• Strong presentation skills.  

Preferred Qualifications/ Skills