Domain Trainee Reinsurance Operations (Assumed & Ceded)

Ready to shape the future of work

At Genpact we dont just adapt to changewe drive it. AI and digital innovation are redefining industries and were leading the charge. Genpacts AI Gigafactory our industry-first accelerator is an example of how were scaling advanced technology solutions to help global enterprises work smarter grow faster and transform at scale. From large-scale models to agentic AI our breakthrough solutions tackle companies most complex challenges. If you thrive in a fast-moving tech-driven environment love solving real-world problems and want to be part of a team thats shaping the future this is your moment. Genpact (NYSE : G) is anadvanced technology services and solutions company that deliverslastingvalue for leading ourdeep business knowledge operational excellence and cutting-edge solutions we help companies across industries get ahead and stay by curiosity courage and innovationour teamsimplementdata technology and AItocreate tomorrow to know us onLinkedInXYouTube andFacebook.

Inviting applications for the role of Domain Trainee / Management Trainee- Reinsurance Operations (Assumed & Ceded)

Responsibilities :

Technical Accounting & Processing Handle end-to-end processing of technical statements of account (SoA) for premiums claims and risk transactions across all reinsurance businesses

Contract Setup & Interpretation Review and interpret reinsurance contracts wordings and slips to accurately set up treaty and facultative agreements in operational systems

Financial Booking & Reconciliation Record and reconcile financial transactions related to premiums claims recoveries and brokerage in accordance with contract terms and accounting policies

Reinsurance Calculations Perform complex calculations including reinstatement premiums profit commissions sliding scale adjustments and no-claims bonuses

Cash & Receivables Management Manage unallocated cash and aged receivable clearance ensuring timely identification matching and resolution of outstanding items

Stakeholder & Broker Engagement Liaise with brokers reinsurers and internal finance / underwriting teams to resolve data discrepancies and maintain accurate records

Reporting & Controls Support management and regulatory reporting needs maintain audit trails and ensure compliance with internal controls and reinsurance governance standards

Continuous Improvement & Controls Strengthen process controls identify automation opportunities and drive consistency and efficiency across Reinsurance operations

Minimum Qualifications :

Graduate / Postgraduate in any stream

Relevant years of experience in managing Reinsurance Operations processes

Proven experience within Re-Insurance domain preferably Assumed business

Experience in working with SICS system would be added advantage

Preferred Skill Set :

Thorough knowledge of Insurance / Reinsurance business

Understanding of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)

Computer literacy MS Excel in particular (familiarity with VLOOKUPs and pivot tables)

Strong communication skills with the ability to clearly and succinctly articulate issues to senior management

Excellent analytical skills with an attention to detail

Self-starter with ability to work under own initiative

Strong time management skills

Integrity with an ability to handle confidential information

Why join Genpact Be a transformation leader Work at the cutting edge of AI automation and digital innovation Make an impact Drive change for global enterprises and solve business challenges that matter Accelerate your career Get hands-on experience mentorship and continuous learning opportunities Work with the best Join 140000 bold thinkers and problem-solvers who push boundaries every day Thrive in a values-driven culture Our courage curiosity and incisiveness - built on a foundation of integrity and inclusion - allow your ideas to fuel progress Come join the tech shapers and growth makers at Genpact and take your career in the only direction that matters : Up. Lets build tomorrow together. Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race colour 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 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.

Required Experience :

Intern

Key Skills

Anti Money Laundering,Mac Os,Accounts Handling,Fund Management,IT Service Desk,Logistics

Employment Type : Full-Time

Experience : years

Vacancy : 1