Process Developer- Reinsurance

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0 Lacs

Posted:1 day ago| Platform: Foundit logo

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Job Description

Ready to shape the future of work
At Genpact, we don't just adapt to change-we drive it. AI and digital innovation are
redefining industries, and we're leading the charge. Genpact's AI Gigafactory, our
industry-first accelerator, is an example of how we're 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's 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.

Process Developer/ Management Trainee/Domain Trainee, Reinsurance

Responsibilities
. Manages the negotiation, placement, and maintenance of ceded reinsurance
treaties. This role will meet with business unit leaders to determine how
reinsurance can support their strategic initiatives
. Collaborate with appropriate reinsurance resources (i.e., Underwriting,
Reinsurance, Accounting, Operations, IT, etc.) to report and provide resolution to
issues preventing the accurate and prompt completion of Treaty 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
(Submissions and Premium Booking)
. Underwrite new and renewal treaty business per underwriting authority, dealing
with complex treaty placements including all tasks associated with information,
data gathering, Analyzing documents, coverage analysis, Premium calculations.
. Oversee the P&C treaty portfolio and support clients from UK, US, and APAC
regions
. Check reinsurance slip, treaty wording, and endorsements
. Handle complex Treaty reinsurance agreements that require processing outside
the standard reinsurance workflow
. Prepare recurring status reports on Treaty reinsurance premium booking activity
. Willing to work flexibly in varying shifts through the year and must react
positively and effectively to needs of handling volume spikes (usually at quarter &
Year ends)

Qualifications we seek in you
Minimum qualifications
. B. Com / B.Sc. / B.A
. Any graduate (except technical)
. Relevant experience in Reinsurance Underwriting
. P&C Reinsurance experience
. Good understanding of Reinsurance Slips & Certificate
. Attention to details and ability to work independently and efficiently
. Knowledge of Endorsement processing and Premium calculations
. Exposure to UK & US Reinsurance markets
. Advance excel knowledge
. Good written and Verbal Communication
. Good Analytical skills
Preferred Skill Set
. Preferred Certification in Insurance & Reinsurance e.g., LM1, LM2, IIA & ARE

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's 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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