Domain Trainee - Reinsurance

Ready to shape the future of work
At Genpact we dont just adapt to changewe drive it. AI and digital innovation are redefining industries and were leading the charge. Genpacts AI Gigafactory our industry-first accelerator is an example of how were 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 thats shaping the future this is your moment.

Genpact (NYSE: G) is anadvanced technology services and solutions company that deliverslastingvalue for leading ourdeep business knowledge operational excellence and cutting-edge solutions we help companies across industries get ahead and stay by curiosity courage and innovationour teamsimplementdata technology and AItocreate tomorrow to know us onLinkedInXYouTube andFacebook.

Inviting applications for the role of Domain Trainee - Reinsurance
In this role you will be responsible for collaborating with appropriate reinsurance resources (i.e. Underwriting Reinsurance Accounting Operations IT etc.) to report and provide resolution to issues preventing the accurate and timely completion of facultative reinsurance premium booking transactions
Responsibilities:
Understand all reinsurance processes and be able to research and process daily assumed/Ceded reinsurance new business as well as renewal transactions
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
BCom / . / B.A
Any graduate except technical
Experience in Underwriting Reinsurance/Insurance
Open but prior Underwriting Service in Reinsurance /Insurance company experience preferred
Preferred Qualifications/ Skills
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

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 140000 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.
Lets 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 starter kit paying to apply or purchasing equipment or training.