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Assistant Manager : Outward Reinsurance


Genpact


Location

Noida | India


Job description

With a startup spirit and 115,000 + curious and courageous minds, we have the expertise to go deep with the world&rsquos biggest brands&mdashand we have fun doing it! We dream in digital, dare in reality, and reinvent the ways companies work to make an impact far bigger than just our bottom line. We&rsquore harnessing the power of technology and humanity to create meaningful transformation that moves us forward in our pursuit of a world that works better for people.
Now, we&rsquore calling upon the thinkers and doers, those with a natural curiosity and a hunger to keep learning, keep growing. People who thrive on fearlessly experimenting, seizing opportunities, and pushing boundaries to turn our vision into reality. And as you help us create a better world, we will help you build your own intellectual firepower.

Welcome to the relentless pursuit of better.

Inviting applications for the role of Assistant Manager - Reinsurance (Outwards/Ceded)]!
In this role, candidate will be working on a reinsurance portfolio related to specialty insurance.

Responsibilities
. To set-up the ORI contracts (Quota Share, Excess of Loss & FAC)
. To submit the Ceded Premium & Losses data files to actuarial as per Quarterly reserving timetable
. To Prepare & Post the Premium & Losses journals in the ORI Ledgers
. To approve/object Premium & Losses entries in LORS
. IBNR file submission within quarter close timetable
. Quota Share Bordereaux submission to Market/Broker within the reporting days mentioned in the contracts/slips
. To set-up the ORI contracts (Quota Share, Excess of Loss & FAC) with complete accuracy
. To approve/object Premium & Losses entries in LORS
. Large Gross Loss Settlement
. Supporting the team with various credit control activities, including Statement of Account preparation, ledger reconciliation, and cash allocation

Qualifications we seek in you!
Minimum Qualifications / Skills
. B.Com/BA Graduate with relevant experience

Preferred Qualifications/ Skills
. Ability to work with stakeholders to assess potential risks.
. Ability to translate business requirements into non-technical, lay terms.
. High-level written and verbal communication skills.

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 diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit . Follow us on Twitter, Facebook, LinkedIn, and YouTube.

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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