Domain Trainee - Underwriting Support Delegated Authority

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 - Underwriting Support Delegated Authority
Your role will require you to utilize your experience in and knowledge of insurance/reinsurance and underwriting processes to process transactions for the Underwriting Support Teams and communicate with the Onsite Team.

Responsibilities
Setting up Binding Authority contract with Contractual rules and aggregate limits on DUA tool
Completing a Bordereau Questionnaire by mapping the bordereaux with relevant reporting standard using the DUA schema questionnaire
Review of errors/ breaches and perform data enrichments within the DUA system
Reconciliation of the Premium and Claim amounts with the signing present on Syndicate and Commercial applications
Logging of data quality issues into the query log.
Working with the onshore team regarding a quality control review of issues as part of an onshore escalation process to underwriters
Bordereaux standardization and Financial Reconciliation for monthly BDX spreadsheets
Exposure to London Market (Syndicate & Company) is a must
Provide technical support and bordereau processing assistance to other members of the team
Monitoring submissions of the monthly Bordereaux and chasing up any that are late
Leading weekly/monthly/quarterly discussions on operations with client UW and company stakeholders.
Knowledge of P&C Specialty Reinsurance Claims and Underwriting services
Working as per the TAT and SLA agreed for the business
Maintaining customers services and Quality standards by adhering to client procedures and process requirements

Qualifications we seek in you!
Minimum Qualifications / Skills
Graduate (in any discipline)
Relevant work experience for London Market Insurance
Should have wing to wing knowledge of the Underwriting lifecycle
Must demonstrate and foster customer focus teamwork accountability initiative and innovation.
Fluent in English language- both written and oral
Excellent knowledge of binders process
Understanding of risks faced by the function and the controls in place to manage and mitigate the risks
Ensuring clarity around priorities and goals for the entire functional area
Ability to function effectively in a team environment exercising good judgment
Working with senior management and other peers for strategy development and execution planning
Root Cause Analysis on escalations received
Very good problem solving skills & attention to detail.
Ability to accurately interpret and compile information from a variety of sources and systems

Preferred Qualifications/ Skills
Insurance domain awareness
Good knowledge of MS Office
Preferred with certification on one of the streams i.e. CII London i.e. ALMI FIT or Cert CII or equivalent or AINS CPCU certification
Knowledge of Bureau/Non Bureau market
Knowledge of Binder Lineslip and Consortium Processing
Exposure to Reinsurance Market and its types such as Prop and Non prop
Exposure to Treaty and Fac Reinsurance

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.