Domain Trainee- Technical Accounting (Reinsurance)

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.

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

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  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.

• 
  

  Handling of financial transactions related to statements of account, claims payments, & reconciliation of broker statements

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  Accounting / reporting of collateralized amounts to ensure compliance with contract

• 
  

  requirements.

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  Calculation of reinstatement premiums, reserving, Portfolio In/Out, Premium

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  adjustments, deposit retain/release, Headline Loss (Large Losses) adjustments, profit

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  commissions, sliding scale, no claims bonus & other fees in accordance with contract terms.

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  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

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  Liaise with external and internal clients in resolving data issues.

Qualifications we seek in you!

Minimum Qualifications / Skills

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  Commerce Graduation/Post Graduation

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  Proven experience within Re-Insurance domain preferably Assumed business

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  Solid organizational, problem solving, and inter-personal skills

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  Strong relationship building and organizational navigation skills

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  Excellent written and verbal skills

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  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

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.