Sr. Specialist - Reinsurance 4C

Job description

Sr. Specialist - Reinsurance **Ready to turn bold ideas into real-world impact?** At Genpact, we don’t just adapt to change, we lead it. AI and digital innovation are transforming the way businesses work, and we’re at the forefront of it. Genpact’s AI Gigafactory, our industry-first accelerator, exemplifies how we scale advanced technology solutions to help global enterprises work smarter, grow faster, and transform at scale. Whether tackling complex challenges through large-scale models or agentic AI, our breakthrough solutions tackle companies’ most complex challenges. If you thrive in a fast-moving, innovation-driven environment, love building and deploying cutting-edge AI solutions, and want to push the boundaries of what’s possible, this is your moment. Genpact (NYSE: G) is an agentic and advanced technology solutions company. We leverage process intelligence and artificial intelligence to deliver measurable outcomes. With a strong partner ecosystem and decades of client trust, we provide innovative solutions that transform how businesses run. Powered by a team with an active learning mindset and client centricity at its core, we deliver lasting value for the world’s leading enterprises. Get to know us at genpact.com and on LinkedIn, YouTube, X, and Facebook. **Job Description** Responsibilities: Technical Accounting & Processing – Handle and review end-to-end processing of technical statements of account (SoA) for premiums, claims, and risk transactions across all reinsurance businesses Contract Setup & Interpretation – Review reinsurance contracts, wordings, and slips to accurately set up treaty and facultative agreements in operational systems Financial Booking & Reconciliation – Review and reconcile financial transactions related to premiums, claims, recoveries, and brokerage in accordance with contract terms and accounting policies Reinsurance Calculations – Perform & review complex calculations including reinstatement premiums, profit commissions, sliding scale adjustments, and no-claims bonuses Cash & Receivables Management – Manage & provide oversight to unallocated cash and aged receivable clearance, ensuring timely identification, matching, and resolution of outstanding items Stakeholder & Broker Engagement – Liaise with brokers, reinsurers, and internal finance/underwriting teams to resolve data discrepancies and maintain accurate records Reporting & Controls – Support management and regulatory reporting needs, maintain audit trails, and ensure compliance with internal controls and reinsurance governance standards Continuous Improvement & Controls – Strengthen process controls, identify automation opportunities, and drive consistency and efficiency across Reinsurance operations Governance & Reporting – Drive structured governance through regular reviews, dashboards, and performance metrics to ensure transparency and control **Qualifications** Bachelors - Actuarial Science, Bachelors - Economics, Bachelors - Finance, Bachelors - Risk Management and Insurance, Masters - Statistics **Certifications** Associate in Claims (AIC) - The Institutes (USA)The Institutes (USA), Certified Fraud Examiner (CFE) - ACFEACFE **Required Skills** Data Analytics, Insurance, Lean Six Sigma (LSS), Property & Casualty Insurance, Reinsurance, Total Quality Management (TQM) **Language** English (Required) **Language Proficiency -** Advanced - C1 **Additional Job Location -** **Job Type** Regular **Master Skill List -** Reinsurance **Remote Type -** Office **Work Shift -** Flex Time (India) **Why join Genpact?** - **Lead AI-powered transformation** – Drive innovation and solve real-world business challenges that matter - **Make an impact** – Help global enterprises solve business challenges that matter - **Accelerate your career** – Gain hands-on experience, mentorship, and world-class learning opportunities to stay ahead - **Work with the best** – Join 140,000+ 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 140,000+ coders, tech shapers, and growth makers at Genpact and take your career in the only direction that matters: Up. Let’s 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.