GenpactEmployer profile

Domain Trainee : Outward Reinsurance-INS021580

Location not specified · Experience not specified

Experience: Experience not specified
Salary: Not disclosed
Location: Location not specified
Work mode: Not specified
Job type: Full-time
Apply by: Closing date not listed
Posted: 14 May 35

About this role

With a startup spirit and 115,000 + curious and courageous minds, we have the expertise to go deep with the world’s biggest brands—and we have fun doing it! We dream in digital, dare in reality, and reinvent the ways companies work to make an impact far bigger than just our bottom line. We’re harnessing the power of technology and humanity to create meaningful transformation that moves us forward in our pursuit of a world that works better for people.

Now, we’re calling upon the thinkers and doers, those with a natural curiosity and a hunger to keep learning, keep growing. People who thrive on fearlessly experimenting, seizing opportunities, and pushing boundaries to turn our vision into reality. And as you help us create a better world, we will help you build your own intellectual firepower.

Welcome to the relentless pursuit of better.

Inviting applications for the role of Domain Trainee - Reinsurance (Outwards/Ceded)]

In this role, candidate will be working on reinsurance portfolio related to specialty insurance.

Responsibilities

To set-up the ORI contracts (Quota Share, Excess of Loss & FAC)
To submit the Ceded Premium & Losses data files to actuarial as per Quarterly reserving timetable
To Prepare & Post the Premium & Losses journals in the ORI Ledgers
To approve/object Premium & Losses entries in LORS
IBNR file submission within quarter close timetable
Quota Share Bordereaux submission to Market/Broker within the reporting days mentioned in the contracts/slips
To set-up the ORI contracts (Quota Share, Excess of Loss & FAC) with complete accuracy
To approve/object Premium & Losses entries in LORS
Large Gross Loss Settlement
Supporting the team with various credit control activities, including Statement of Account preparation, ledger reconciliation, and cash allocation

Qualifications we seek in you!

Minimum Qualifications / Skills

B.Com/BA Graduate with relevant experience

Preferred Qualifications/ Skills

Ability to work with stakeholders to assess potential risks.
Ability to translate business requirements into non-technical, lay terms.
High-level written and verbal communication 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. For more information, visit www.genpact.com . Follow us on Twitter, Facebook, LinkedIn, and YouTube.

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.

Job

Domain Trainee

Primary Location

India-Noida

Schedule

Full-time

Education Level

Bachelor's / Graduation / Equivalent

Job Posting

Nov 29, 2023, 5:22:24 PM

Unposting Date

Ongoing

Master Skills List

Operations

Job Category

Full Time

Skills

Production