drjobs Process Developer, Technical Accounting

Process Developer, Technical Accounting

Employer Active

1 Vacancy
drjobs

Job Alert

You will be updated with latest job alerts via email
Valid email field required
Send jobs
Send me jobs like this
drjobs

Job Alert

You will be updated with latest job alerts via email

Valid email field required
Send jobs
Job Location drjobs

Hyderabad - India

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

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 Process Developer 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 (This is not required for resources at 4A level and below)
Proven experience within Re-Insurance domain preferably Assumed business
Solid organizational problem solving and inter-personal skills
Strong relationship building and organizational navigation skills
Excellent written and verbal skills
Strong presentation skills- Band 4A and above
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
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.

Employment Type

Full-Time

Company Industry

About Company

Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.