Genpact Off Campus Drive:-

Genpact is hiring candidates for the role of Domain Trainee – Reinsurance-INS019037 for the Gurugram, Haryana, India location. The complete details about Genpact Off Campus Drive are as follows.

Company Name:- Genpact

Job Position:- Domain Trainee – Reinsurance-INS019037

Job Location:- Gurugram, Haryana, India

Salary Package:- As per Company Standards

Job Type:- Full-time

Job Posted on:- May 29th, 2023, 1:54:20 PM

Required Qualification & Skills:-

Minimum Qualification:

  • Any graduate except technical
  • Meaningful experience in Reinsurance & Underwriting will be an advantage

Preferred Skill Set:

  • Required P&C Reinsurance experience in Facultative business and good understanding of Reinsurance Slips & Certificate
  • Knowledge of Endorsement processing and Premium calculation and exposure to UK & US Reinsurance markets
  • Preferred Certification in Insurance & Reinsurance e.g. LM1, LM2, IIA & ARE
  • Proficient in MS office and Excel
  • Good in Analytical Ability and Decision-making
  • Excellent interpersonal skills

Roles & Responsibilities:-

In this role you will be responsible for collaborating with appropriate reinsurance resources (i.e., Underwriting, Reinsurance, Accounting, Operations, IT, etc.) to report and provide resolution to issues preventing the accurate and timely completion of facultative reinsurance premium booking transactions

  • Understand all reinsurance processes and be able to research and process daily assumed/Ceded reinsurance new business as well as renewal transactions
  • Balance the placement of new and renewal reinsurance treaties. At strategic level, understand how each reinsurance program supports the activities for instance by enabling premium growth, owning the premium, surplus ratio, or reducing exposure to catastrophic loss
  • Providing Facultative support and services to clients from UK, US and APAC region.
  • Adherence to underwriting rules and guidelines and developing good customer relationships through providing outstanding service.
  • Meet regularly with business unit leaders and with Head of Reinsurance to discuss strategic value of reinsurance placements and make recommendations to leadership on the placement of new reinsurance treaties
  • Maintain work tracking system to provide up to date and accurate metrics on facultative reinsurance submission premium booking activity
  • Exception handling of complex facultative reinsurance agreements that require processing outside the standard reinsurance workflow.

Genpact Off Campus Drive Application Process:-

Apply In Below Link

Note:– Only shortlisted candidates will receive the call letter for further rounds

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