Domain Trainee- London Market Underwriting

Ready to shape the future of work
At Genpact, we don&rsquot just adapt to change&mdashwe drive it. AI and digital innovation are redefining industries, and we&rsquore leading the charge. Genpact&rsquos AI Gigafactory, our industry-first accelerator, is an example of how we&rsquore 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 that&rsquos 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 genpact.com and on LinkedIn, X, YouTube, and Facebook.

We are inviting applications for the role ofDomain Trainee/Management Trainee/Assistant Manager-London Market Underwriting

Your role will require you to utilize your experience in and knowledge of insurance/reinsurance and underwriting processes to process transactions for the Underwriting Support Teams and communicate with the Onsite Team.

Responsibilities

• 
  

  Conduct Technical checks on insurance documentation to ensure accuracy, this includes using specific IT based system to supports the technical adjusting process with some supervision where applicable

• 
  

  Working knowledge of insurance and re-insurance from Lloyd&rsquos of London Market is mandate

• 
  

  Well versed with the MRC Slips, Endorsement, Declarations, Submissions, quote and promise documents and it&rsquos various sections

• 
  

  Premium reconciliation and adjustment in the system

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  Reviewing bordereaux files to resolve commission, premium difference

• 
  

  Active management of aged debts, unallocated cash, internal and external queries

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  Monthly reconciliation highlighting and recording transaction movement and raising with finance to ensure process is consistent

• 
  

  Monitor daily signing for Lloyd&rsquos LIRMA accounts

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  Process daily cash analysis report

• 
  

  Follow up or escalate with responsible business units on outstanding breaks according to internal procedure

• 
  

  Timely and accurate processing of premium and endorsements

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  Support existing backlog clean up exercises

• 
  

  Working knowledge of Genius Application is mandate

• 
  

  Resolving Premium/ Claims/ Tax differences

• 
  

  Excellent written & verbal communication skills

• 
  

  Knowledge of MS Office and its tool

• 
  

  Taxes knowledge for different countries

Qualifications we seek in you!

Minimum Qualifications

• 
  

  Graduate (in any discipline)

• 
  

  Relevant work experience for London P&C Insurance market

• 
  

  Should have wing to wing knowledge of the Underwriting lifecycle

• 
  

  Must demonstrate and foster customer focus, teamwork, accountability, initiative and innovation.

• 
  

  Fluent in English language- both written and oral

Preferred Qualifications

• 
  

  Insurance domain awareness

• 
  

  Good knowledge of MS Office

• 
  

  Preferred with certification on one of the streams i.e. CII i.e. ALMI, FIT or Cert CII or equivalent or AINS, CPCU certification

• 
  

  Knowledge of Bureau/Non Bureau market

• 
  

  Knowledge of end to policy life cycle (Submission till Endorsements and UW Support Tasks)

• 
  

  Exposure to Reinsurance Market and it%27s types such as Prop and Non prop

• 
  

  Exposure to Treaty and Fac Reinsurance

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 140,000+ 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.
Let&rsquos 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 %27starter kit,%27 paying to apply, or purchasing equipment or training.