Genpact is hiring candidates for the role of Domain Trainee : Reinsurance-INS021188 for the Bangalore, Karnataka, India location. The complete details about Genpact Off Campus Drive are as follows.
Qualifications
Required Qualifications & Skills:-
- 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
Skills Required
Job Description & 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
Apply Link:- Click Here To Apply (Apply before the link expires)
Note:– Only shortlisted candidates will receive the call letter for further rounds
