Domain Trainee-Technical Accounting-INS026794
- Genpact
- 2 to 6 Yrs
- Other Haryana
- 10 days ago
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Job Description
- 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. Inviting applications for the role of Domain Trainee, Technical Accounting In this role, you should have In-depth understanding of Reinsurance, Technical Accounting Assumed Business with solid organizational, problem solving, and inter-personal skills. Responsibilities Identification, validation, and processing of technical statements of account for all types of business (Proportional, Non-Proportional Treaty business, and FAC Business) Must be having good understanding of technical verification of accounts within the context of our validation framework and contract wording. Accounting / reporting of collateralized amounts to ensure compliance with contract requirements. Calculation of reinstatement premiums, reserving, Portfolio In/Out, Premium adjustments, deposit retain/release, Headline Loss (Large Losses) adjustments, profit commissions, sliding scale, no claims bonus & other fees in accordance with contract terms. Supporting quarter close by assuring high levels of data quality on client reported figures & actively participate in close process with multi-GAAP (e.g. close open worksheets, validate Loss Sensitive Features, work closely with Finance, handle queries from management, external and internal auditors) End to end understanding of Unallocated cash and Aged receivable clearance life cycle Liaise with external and internal clients in resolving data issues. Qualifications we seek in you! Minimum Qualifications / Skills Commerce Graduation/Post Graduation Proven experience within Re-Insurance domain preferably Assumed business Solid organizational, problem solving, and inter-personal skills Strong relationship building and organizational navigation skills Excellent written and verbal skills Strong presentation skills Preferred Qualifications/ Skills Reinsurance domain knowledge, preferably Technical Accounting Experience of working with the SICS system would be an added advantage. Good knowledge of MS Excel/PowerPoint Job Domain Trainee Primary Location India-Gurugram Schedule Full-time Education Level Bachelor's / Graduation / Equivalent Job Posting Jan 14, 2025, 6:39:49 AM Unposting Date Feb 13, 2025, 12:29:00 PM Master Skills List Operations Job Category Full Time,
Employement Category:
Employement Type: Full timeIndustry: BFSI
Role Category: Not Specified
Functional Area: Not Specified
Role/Responsibilies: Domain Trainee-Technical Accounting-INS026794
Contact Details:
Company: GenpactLocation(s): Other Haryana
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Keyskills: Reinsurance Problem Solving Interpersonal Skills MS Excel MS PowerPoint
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