Process Developer, Insurance Accounting, Group Closing, Reporting & Controls

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 Insurance Accounting Group Closing Reporting & Controls
Responsibilities:
Group Financial Data Management: Assist in the collection validation and organization of insurance financial data (premiums claims reserves reinsurance) ensuring accuracy and completeness for group consolidation and reporting.
Journal Entry Preparation: Support preparation and posting of close-related journal entries including premium adjustments claims liabilities actuarial reserve movements and reinsurance settlements ensuring compliance with IFRS/US GAAP and internal policies.
Reconciliation Support: Assist in performing reconciliations for key insurance GL accounts such as premiums claims UPR/IBNR reserves reinsurance recoverables/payables and intercompany balances ensuring timely identification and resolution of variances.
Group Closing & Consolidation Assistance: Help in preparation of group consolidation templates elimination entries and intercompany reconciliations during month-end and quarter-end close cycles.
Controls & Compliance Support: Assist in maintaining SOX/ICFR controls ensuring proper documentation audit trails and adherence to insurance accounting and regulatory requirements.
Cross Functional Coordination: Collaborate with actuarial underwriting finance claims finance and reinsurance teams to gather inputs and clarify financial movements supporting the group close process.

Minimum Qualifications:
Commerce Graduate / Postgraduate
Relevant years of experience in Group Closing/RTR processes
Experience in working with an insurance client will be an added advantage

Preferred Skill Set:
Understanding of group consolidation intercompany eliminations month/quarter close cycles and multi entity financial reporting in the insurance sector.
Familiarity with premiums claims reserves (UPR/IBNR) loss ratios actuarial inputs and reinsurance processes relevant to group financial close.
Knowledge of Record to Report workflows and reconciliation of insurance-specific accounts across entities.
Basic understanding of IFRS/US GAAP and insurance regulatory concepts (NAIC) supporting compliant reporting during group closing.
Familiarity with SAP Oracle Workday or similar financial systems; comfort working with BI tools such as Power BI/Tableau for close-related analysis.
Understanding of SOX/ICFR controls audit documentation standards and the importance of maintaining accurate audit ready financial records.
Excellent analytical skills with an attention to detail
Self-starter with ability to work under own initiative
Strong time management skills.
Integrity with an ability to handle confidential information

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 colour 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.