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Process Associate- Underwriting Support

0-3 years

₹ 1.2 - 4.9L/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.

Hyderabad / Secunderabad

Process Associate- Underwriting Support

Genpact

posted 21d 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 Associate – 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

          Read full job description

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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?
          Q2. What is RTR? What is depreciation?types of depreciation and also journal entries
          Q3. What are the Financial statements
          View all 1.5k questions

          What people at Genpact are saying

          4.0
           Rating based on 6.3k Process Associate reviews

          Likes

          Quite job security comparison to other companies.

          Dislikes

          Companies culture depends on Manager's behaviour and they don't value employees concerns. The lower your position is the lead your concerns will be valued. Managers don't treat everyone equally. Their on paper value rules for employees are far away than floor reality.

          • Salary - Poor
          • +4 more
          Read 6.3k Process Associate reviews

          Process Associate salary at Genpact

          reported by 27.9k employees
          ₹0.8 L/yr - ₹6.5 L/yr
          At par with the average Process Associate Salary in India
          View more details

          What Genpact employees are saying about work life

          based on 31.6k employees
          60%
          84%
          70%
          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 Hyderabad / Secunderabad Office Locations

          View all
          Hyderabad Office
          Hyderabad-Gachibowli SEZ: 3rd & 4th Floor, Block 2 DLF Cyber city, Plot No. 129-132, Opp. A.P.H.B. Colony, Gachibowli, Hyderabad. Hyderabad
          500019
          Hyderabad Office
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          500088

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