Genpact
Location
Gurgaon | 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 / Manager, 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
. 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
. Accounting / reporting of collateralized amounts to ensure compliance with contract
. requirements.
. Calculation of reinstatement premiums, reserving, Portfolio In/Out, Premium
. adjustments, deposit retain/release, Headline Loss (Large Losses) adjustments, profit
. commissions, sliding scale, no claims bonus & other fees in accordance with contract terms.
. 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
. Liaise with external and internal clients in resolving data issues.
Qualifications we seek in you!
Minimum Qualifications / Skills
. Commerce Graduation/Post Graduation
. Prior team leading experience.
. Proven experience within Re-Insurance domain Assumed business domain.
. Solid organizational, problem solving, and inter-personal skills
. Strong relationship building and organizational navigation skills
. Excellent written and verbal skills
. Strong presentation skills.
Preferred Qualifications/ Skills
. Reinsurance domain knowledge, preferably Technical Accounting
. Experience in working with SICS system would be added advantage.
. Good knowledge of MS Excel/PowerPoint
. Lean/Six Sigma awareness
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.
Job tags
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