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Domain Trainee Reinsurance Accounting & Reporting

Domain Trainee Reinsurance Accounting & Reporting

GenpactNoida, Uttar Pradesh, India
30+ days ago
Job description

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 an advanced technology services and solutions company that delivers lasting value for leading enterprises globally. Through our deep business knowledge operational excellence and cutting-edge solutions we help companies across industries get ahead and stay ahead. Powered by curiosity courage and innovation our teams implement data technology and AI to create tomorrow today. Get to know us at and on LinkedIn X YouTube and Facebook .

Inviting applications for the role of Domain Trainee / Management Trainee-Reinsurance Accounting & Reporting

Responsibilities :

Technical Accounting Manage accounting for all Local and Syndicate entities ensuring accurate and compliant reporting of reinsurance transactions

Premiums Process written and earned premiums perform Acumen validation handle premium adjustments and reconciliations in accordance with accounting policies

Losses & Reserves Post IBNR and loss schedules (e.g. held reserves) validate movements and support actuarial inputs for reserve accuracy

Expenses & DAC Account for Deferred Acquisition Costs (DAC) operating and administrative expenses with proper allocation and documentation

Financial Close Activities Perform month-end closing including profit commission intercompany settlements UK GAAP adjustments FX proofs and currency balance sheet reconciliations

Reporting & Analysis Prepare lead schedules for P&L and Balance Sheet consolidation packs for multiple affiliates and recharge journals where applicable

Debtors & Controls Oversee aged debtors and broker reconciliations ensuring timely resolution control adherence and data accuracy across reporting cycles

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

Minimum Qualifications :

Commerce Graduate / Postgraduate

Relevant years of experience in managing F&A RTR Reinsurance processes

Experience in working with an insurance client is must

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 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 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

Account Payable,Invoicing,Journal Entry,Data Entry,Accounting & Finance,Tax Returns,QuickBooks,General Ledger Accounting,Microsoft Excel,Reporting,Payroll,Financial statement,Account Receivable,ACCA,CPA

Employment Type : Full-Time

Experience : years

Vacancy : 1

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Accounting Trainee • Noida, Uttar Pradesh, India

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