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2674 Genpact Jobs

Domain Trainee-Technical Accounting

0-5 years

Gurgaon / Gurugram

1 vacancy

Domain Trainee-Technical Accounting

Genpact

posted 6hr ago

Job Role Insights

Flexible timing

Job Description

Identification, validation, and processing of technical statements of account for all types of business (Proportional, Non-Proportional Treaty business, and FAC Business)
Must be having good understanding of technical verification of accounts within the
context of our validation framework and contract wording.
Handling of financial transactions related to statements of account, claims payments, reconciliation of broker statements
Accounting / reporting of collateralized amounts to ensure compliance with contract
requirements.
Calculation of reinstatement premiums, reserving, Portfolio In/Out, Premium
adjustments, deposit retain/release, Headline Loss (Large Losses) adjustments, profit
commissions, sliding scale, no claims bonus other fees in accordance with contract terms.
Supporting quarter close by assuring high levels of data quality on client reported figures actively participate in close process with multi-GAAP (e.g. close open worksheets, validate Loss Sensitive Features, work closely with Finance, handle queries from management, external and internal auditors)
End to end understanding of Unallocated cash and Aged receivable clearance life cycle
Liaise with external and internal clients in resolving data issues.
Qualifications we seek in you
Minimum Qualifications / Skills
Commerce Graduation/Post Graduation
Proven experience within Re-Insurance domain preferably Assumed business
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
Reinsurance domain knowledge, preferably Technical Accounting
Experience of working with the SICS system would be an added advantage.
Good knowledge of MS Excel/PowerPoint

Employment Type: Full Time, Permanent

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People are getting interviews at Genpact through

(based on 2.1k Genpact interviews)
Job Portal
Referral
Walkin
Company Website
Campus Placement
Recruitment Consultant
42%
13%
12%
8%
6%
3%
16% candidates got the interview through other sources.
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What people at Genpact are saying

3.2
 Rating based on 56 Domain Trainee reviews

Likes

Genpact is known for its work culture where employees can balance their work and personal life.

Dislikes

Very slow growth. Politics and favoritism are everywhere, so does here. Salary packages is not that great

Read 56 reviews

Domain Trainee salary at Genpact

reported by 499 employees with 2-12 years exp.
₹2.8 L/yr - ₹8.5 L/yr
12% more than the average Domain Trainee Salary in India
View more details

What Genpact employees are saying about work life

based on 30.1k employees
61%
84%
69%
58%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Genpact Benefits

Work From Home
Job Training
Soft Skill Training
Cafeteria
Health Insurance
Team Outings +6 more
View more benefits

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Genpact Gurgaon / Gurugram Office Location

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Gurugram Office
Sector Rd, DLF Phase 5, Sector 43, Gurugram, Haryana 122002, India Gurugram
122002

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