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0.0 years

0 Lacs

Gurugram, Haryana, India

On-site

Foundit logo

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose - the relentless pursuit of a world that works better for people - we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI. We are inviting applications for the role of Domain Trainee/Management Trainee - Reinsurance Underwriting In this role you will be responsible for collaborating with appropriate reinsurance resources (i.e., Underwriting, Reinsurance, Accounting, Operations, IT, MIS etc.) to report and provide resolution to issues preventing the accurate and timely completion of Treaty or facultative reinsurance premium booking transactions Responsibilities: . Understand all insurance and reinsurance underwriting support processes and be able to research and process daily assumed/Ceded reinsurance new business as well as renewal transactions . Knowledge and experienced about the MIS reporting to create and publish VCA&rsquos, daily/monthly productivity and quality matrix. . Balance the placement of new and renewal reinsurance treaties. At strategic level, understand how each reinsurance program supports the activities for instance by enabling premium growth, owning the premium, surplus ratio, or reducing exposure to catastrophic loss . Providing Facultative support and services to clients from UK, US and APAC region. . Adherence to underwriting rules and guidelines and developing good customer relationships through providing outstanding service. . Meet regularly with business unit leaders and with Head of Reinsurance to discuss strategic value of reinsurance placements and make recommendations to leadership on the placement of new reinsurance treaties . Maintain work tracking system to provide up to date and accurate metrics on facultative reinsurance submission premium booking activity . Exception handling of complex facultative reinsurance agreements that require processing outside the standard reinsurance workflow. Qualifications we seek in you Minimum Qualification . B.Com / B.Sc / B.A . Any graduate except technical . Expereince in Underwriting Reinsurance/Insurance . Open but prior Underwriting Service in Reinsurance /Insurance company experience preferred . Preferred Skill Set . Required in P&C Reinsurance (Facultative & Treaty) experience . Good understanding of Reinsurance underwriting cycle (Subs to Certificate issuance) . Knowledge of Endorsement processing and Premium calculations . Exposure to UK & US Reinsurance markets . Preferred Certification in Insurance & Reinsurance e.g. LM1, LM2, IIA & ARE . Advance excel knowledge required . Good written and Verbal Communication . Good in Analytical 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. Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook. 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.

Posted 2 days ago

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1.0 - 5.0 years

4 - 7 Lacs

Mumbai

Hybrid

Naukri logo

Job Title : Jr/Sr. Process Analyst - Employee Benefits Location : Mumbai ******************************************************************************************* IMMEDIATE JOINERS ALERT! We're looking for candidates who can join immediately . If you're available, please send your CV via WhatsApp only to: 9152808909 Please note: No calls will be entertained. ******************************************************************************************* Must Have : Premium Calculations, Maintaining cash deposit trail balance Issuing Ecard Booking revenue on the system Experience : Jr - 1 to 3 Yrs up to 4.5 LPA Sr - 3 to 5 Yrs up to 7 LPA Position Summary We are hiring an Associate to Employee Benefits process for ensuring the quality and effectiveness of business, products, and services within India business. Process endorsement calculation and issuance tasks process for end-to-end client servicing of accounts per IRDAI guidelines. This role requires a comprehensive understanding of the policy life cycle, and the various actions required for New Business/Renewals and Mid-Term Adjustments. Primary Responsibilities Processing of Monthly/Weekly/Daily request for addition/deletion/correction of employee for all accounts Prepare premium calculation and ensure master file is consistently updated and maintained Check and maintain Cash Deposit trail balance Ensure issuance of E-cards in timely manner Book the revenue on the system, ensuring all the transactions are accurately recorded and aligned with the clients requirements Additional Responsibilities Coordinate closely with clients and underwriters to ensure smooth processing of all transactions, maintaining clear communication and addressing issues promptly Ability to think critically and make sound judgments based on the evidence presented Understanding of best practices in business processes and quality assurance Ability to work independently and as part of a team to achieve quality and compliance objectives Commitment to maintaining confidentiality and handling sensitive information appropriately Willingness to continuously learn and develop new skills to enhance audit effectiveness Skills and Competencies Proficiency in Excel (calculations, pivot etc) Soft Skills - Email Writing skills Technical Proficiency and Understanding of Insurance service Excellent Written and Oral communication skills Interpersonal skills Ownership and Accountability Insurance domain knowledge Minimum Qualifications Education Major Any Graduate or Post Graduate with any Specialization Degree Bachelor Master Licenses/Certificates Insurance Certification will be the additional advantage Work Experience Minimum 1-5 years of experience of Employee Benefits in Insurance domain

Posted 3 weeks ago

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1.0 - 2.0 years

4 - 5 Lacs

Navi Mumbai, Maharashtra, India

On-site

Foundit logo

I. Primary Responsibilities Prepare placement slips, generate UMR, calculate premiums, issue debit and credit notes for Cedants and Re-insurers Perform sanction checks on booked accounts, verify policies booked after inception, and organize debit notes, credit notes, and tax invoices for future reference Suggest and implement improvements to accounting processes for enhanced efficiency and accuracy Collaborate with internal teams, communicate with clients and liaise with regulatory bodies to ensure smooth operations and compliance II. Additional Responsibilities Understanding of best practices in business processes and quality assurance Ability to work independently and as part of a team to achieve quality and compliance objectives Commitment to maintaining confidentiality and handling sensitive information appropriately Willingness to continuously learn and develop new skills to enhance audit effectiveness Publish dashboards to suggest the improvement in matched and unmatched revenues III. Skills and Competencies Technical Proficiency and Understanding of Insurance service Excellent Written and Oral communication skills Interpersonal skills Ownership and Accountability Insurance domain knowledge IV. Minimum Qualifications Education Graduate in Finance/Accounting or Postgraduate with any Specialization Degree Bachelor / Master Licenses/Certificates Insurance Certification will be the additional advantage Work Experience Minimum 1+ year of experience of Quality Analysis in Insurance domain & reconciliation process Collaborate with Underwriters and Claims Adjusters. Experience with Post Policy Placements

Posted 1 month ago

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1.0 - 3.0 years

4 - 8 Lacs

Thane, Navi Mumbai, Mumbai (All Areas)

Work from Office

Naukri logo

We are Looking for Candidate with Insurance Background with a Minimum 1 to 8 Years Experience with Excellent communication skills. Perks and benefits : Salary 4LPA to 7 LPA Send your profile .... Dipika@infiniteshr.com !!!!! Hiring for fortune 500 clients !!!! Please find attached JD for all. Designation: Analyst/Senior Analyst Claims Role Mandates: Analyst min exp should 1-2 & Senior Analyst 3+ Experience in Property & Casualty Claims/Reinsurance. End to end process of claims Shift General Domestic/International both will work Hybrid 3weeks WFH and 1 week WFO Location Mumbai (no relocation candidate will be accepted) CTC Reinsurance 6LPA & P&C 7LPA Designation: Analyst Revenue Booking Role Role Mandates: Analyst min exp should be between 1-2 Any insurance but should know premium calculations Hybrid 3weeks WFH and 1 week WFO Location Mumbai (no relocation candidate will be accepted) General Shifts CTC 4LPA Designation: Analyst Role Mandates: Analyst min exp should be between 1-2 Any insurance but should know premium calculations/placement calculations/UMR Generation/Calculation of debit & credit Hybrid 3weeks WFH and 1 week WFO Location Mumbai (no relocation candidate will be accepted) General Shifts CTC 4LPA Designation: Senior Analyst Claims ( Marine Insurance / Lability End to End Claims)(min exp should 3yrs-10yrs )Salary upto 8.50 LPA **Immediate Joiner Only ** Mumbai Location WhatsApp Call or WhatsApp Chat 7391077621 / 7391077622 / 8888850831 Send me your profile ... praveen@infiniteshr.com Mention your Current CTC/Expected CTC / Notice Period And Current Location. Walkin Drive @ Infinites HR Services , Fenkin Empire off no 404, 4th Floor, Thane West, 400601. Land Mark: Bhanushali Hospital, Station Road. Walkin Distance from Thane Railway Station. Meet Dipika / Ali / Praveen Note : - We don't Charge Any fees at any stage of the recruitment process. RegardsDipika Sharma8888850832 Regards Dipika 9623462146

Posted 1 month ago

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