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Process Associate- Underwriting

0-3 years

₹ 1 - 5L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Noida

Process Associate- Underwriting

Genpact

posted 1d ago

Job Role Insights

Flexible timing

Job Description

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 Process Developer – Underwriting Support! Your role will require you to utilize your experience in and knowledge of insurance/reinsurance and underwriting processes to process transactions for the Underwriting Support Teams and communicate with the Onsite Team. Responsibilities •    Transaction processing for Underwriting Support Teams •    Communicating with the Onsite Team •    Responsible for Risk Clearance, Bind & Issue, Endorsement Processing, Renewal Processing •    Responsible to comprehend, good customer service attitude to clearly articulate the resolution •    Responsible to handle varied volumes of workloads and to reach targets and deadlines on a timely basis

Qualifications we seek in you! Minimum Qualifications / Skills •    Graduate (in any discipline) •    Good understanding of P&C products  •    Should have wing to wing knowledge of the Underwriting lifecycle  •    Must demonstrate and foster customer focus, teamwork, accountability, initiative, and innovation. •    Fluent in English language- both written and oral

Preferred Qualifications/ Skills •    Insurance domain awareness. •    Good knowledge of MS Office. •    Preferred with certification on one of the streams i.e., IIA, or Cert CII or equivalent or AINS, CPCU certification etc. •    Knowledge of P&C insurance •    Good understanding of US Underwriting, Policy binding and Issuance •    Knowledge of Premium bearing & non premium bearing endorsement •    Knowledge of Renewal & Non-Renewal

Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. 

Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a 'starter kit,' paying to apply, or purchasing equipment or training. 


Employment Type: Full Time, Permanent

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Genpact Interview Questions & Tips

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Top Genpact Process Associate Interview Questions

Q1. How will you explain a red colour (or any colour) to a person who is blind since his or her birth?
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Q2. What are the Financial statements
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Q3. What is creditor How you will define golden rules of accounting Diff. In expenditure and saving account
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What people at Genpact are saying

4.0
 Rating based on 6.1k Process Associate reviews

Likes

Work environment is very nice and job security is their.

Dislikes

Don't join Kolkata Genpact because it has toxic environment as well as toxic people. People seating in higher position like managers, they are very much arrogant and rude not at all well mannered. It's my personal experience. I regret joining Kolkata Genpact.

Read 6.1k reviews

Process Associate salary at Genpact

reported by 27.9k employees
₹0.9 L/yr - ₹6.5 L/yr
7% more than the average Process Associate Salary in India
View more details

What Genpact employees are saying about work life

based on 29.7k 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 Noida Office Location

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Noida Office
Noida: Unitech Info Park, Tower 8, Plot No. 20 & 21, Sector – 135, Noida - 201301, Uttar Pradesh. Noida
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