Genpact | Specialist - F&A - I2C 4A

Responsibilities

• The role will work closely with Underwriting, Technical Accounting, Brokers, Finance, Claims and Operations to investigate payment discrepancies, obtain remittance information, resolve account queries and drive timely settlement of outstanding balances.
• Through the role, the trainee will build practical knowledge of the London Market insurance lifecycle, including the relationship between brokers, underwriters, premium transactions, technical accounting, cash settlement and credit control, while developing strong analytical, problem-solving, stakeholder-management and financial operations skills
• The role will involve reviewing and allocating incoming premium payments against the appropriate policies, risks, broker accounts and underwriting transactions, while ensuring accurate and timely reconciliation of cash received.
• The trainee will also support unallocated cash (UAC) clearance, aged debt analysis, cash reconciliation, premium matching and resolution of unidentified or disputed payments.
• The trainee will also contribute to London Market process controls, quality checks, reconciliations, reporting and governance, ensuring transactions are processed accurately and in accordance with established procedures.

Genpact

Genpact is a global professional services and technology firm known for running and transforming business processes for large companies. It began in 1997 in Gurugram as a business unit of General Electric and became an independent company in 2005.

Finance and accounting is one of Genpact's core practices. The firm regularly hires CAs, CMAs and commerce graduates for record-to-report, order-to-cash, procure-to-pay, FP&A, and risk and controls roles.

• Industry: Professional services and business process management
• Headquarters: New York, USA
• In India: Major centres in Gurugram, Hyderabad, Bengaluru, Kolkata, Noida and other cities