Genpact Inviting Applications For Life Insurance roles - Gurgaon

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.

Genpact Inviting Applications for Process Associate/Process Developer (Policy Admin) - Gurgaon

In this role the person will be Responsible for ensuring that premium payment on different billing modes and methods are in place by the time that the premium is due to keep the policy inforce and review reinstatement application forms for lapse policies. Has working knowledge to proficient product knowledge on basic work types.

Responsibilities

• Review, analyze, interpret and validate non-complex billing and/or commissions work
• Gather applicable data, calculate, prepare and complete accounting which includes Journal Entries
• Summarize, adjust and balance and client premium statements and payments using excel to ensure accurate input on the administration
• systems
• Allocate client premium payments accurately and in a timely manner on the applicable administration systems
• Support suspense management and all financial reporting and investigation processes which may include providing direction on coding of adjustments and/or completion of required coding on applicable admin system/s
• Validate premiums in preparation for client renewals
• Reconcile financial statements to the ASO Billing system
• Interact with the Client, Underwriters, RGOs and other CFS Staff to understand the clients requirements or to
• resolve any billing/payment related issues including outstanding payment, billing issues
• Managing of non-complex inquiries coming from the client and/or different departments within Group Benefits
• Consistently achieving established service commitments including both individual productivity/quality goals and service standards as defined by the department's clients
• Other tasks/responsibilities as assigned/required

Qualifications We seek in you!

Minimum Qualification

• Graduate of Bachelor's Degree course preferably business/finance r other related courses (Internal/external)
• Candidate must meet job expectations and pass all performance metrics in his/her current team (Internal)
• Above average written and verbal communication skills. Ability to converse effectively using English language
• Ability to clearly understand and act on presented problem statement
• Ability to compose a grammatically correct, clear and concise email
• Candidate must demonstrate good problemsolving skills

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.