0 years
0 Lacs
Posted:1 week ago|
Platform:
On-site
Full Time
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 - Underwriting Support Delegated AuthorityYour 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
. Setting up Binding Authority contract with Contractual rules and aggregate limits on DUA tool. Completing a Bordereau Questionnaire by mapping the bordereaux with relevant reporting standard using the DUA schema questionnaire. Review of errors/ breaches and perform data enrichments within the DUA system. Reconciliation of the Premium and Claim amounts with the signing present on Syndicate and Commercial applications. Logging of data quality issues into the query log.. Working with the onshore team regarding a quality control review of issues as part of an onshore escalation process to underwriters. Bordereaux standardization and Financial Reconciliation for monthly BDX spreadsheets. Exposure to London Market (Syndicate & Company) is a must. Provide technical support and bordereau processing assistance to other members of the team. Monitoring submissions of the monthly Bordereaux and chasing up any that are late. Leading weekly/monthly/quarterly discussions on operations with client UW and company stakeholders.. Knowledge of P&C, Specialty, Reinsurance, Claims and Underwriting services. Working as per the TAT and SLA agreed for the business. Maintaining customer&rsquos services and Quality standards by adhering to client procedures and process requirements
Qualifications we seek in you!
Minimum Qualifications / Skills. Graduate (in any discipline). Relevant work experience for London Market Insurance. 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. Excellent knowledge of binders process. Understanding of risks faced by the function and the controls in place to manage and mitigate the risks. Ensuring clarity around priorities and goals for the entire functional area. Ability to function effectively in a team environment exercising good judgment. Working with senior management and other peers for strategy development and execution planning. Root Cause Analysis on escalations received. Very good problem solving skills & attention to detail.. Ability to accurately interpret and compile information from a variety of sources and systems
Preferred Qualifications/ Skills
. Insurance domain awareness. Good knowledge of MS Office. Preferred with certification on one of the streams i.e. CII London i.e. ALMI, FIT or Cert CII or equivalent or AINS, CPCU certification. Knowledge of Bureau/Non Bureau market. Knowledge of Binder, Lineslip and Consortium Processing. 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.
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