Senior process associate_Underwriting_French
Bucuresti, Romania
7 zile în urmă

Senior process associate Underwriting French

Support of underwriting units with maintenance of deals and contracts in the systems

Support of underwriting units with modeling and costing of the risk

Work closely with underwriters, experts and other departments in order to handle tasks on time with high quality

Prioritize the workload in order to meet audit SLA and accuracy requirements

Review, check and gather insurance and legal documentation

Review insurance submission data for accuracy and completeness

Reflect insurance policy terms, conditions into the systems

Make sure the data entered have supporting documentation attached

Interpret and manipulate non-standard submission data for the risk to be appropriately modeled

Determine the appropriate Property Industry Classification of the insured assets through a review of their operations and discussions with underwriting team

Reflect insurance policy terms and conditions into the costing tools

Transformation Happens Here

Identify and input secondary modifiers relevant for the costing

Ensure that the entered values are correct

Assess risk through our pricing models, interpret results and form recommendations

At Genpact, we seamlessly blend digital transformation with human experience, innovation and curiosity. We are a leader in providing artificial intelligence capabilities to enterprises.

And we are accelerating digital transformation across industries through our products and consulting, powered by Genpact Cora.

Maintain and update the risk information

Support underwriting teams with other costing related tasks (such as premium calculation, Natural Catastrophes analysis, preparing data for 4-eye review, etc.)

Maintain and update the SOP to reflect the business requirements and portfolio specifics

Regularly monitor the contracts which will be due / are due for processing

Enter and maintain information in systems and tools, including documents, process changes and associated open / completed tasks following established guidelines and processes

Interaction and coordination with team members and stakeholders

Perform other position related tasks (e.g. participation in projects, initiatives, etc.) as instructed by Supervisor

Achievement of Key Performance Indicators

Associate level position

Responsibility for accuracy and timeliness

Employee is responsible for the timeliness and own assumptions made throughout the modeling of the risk

Accountability for the final outcomes of costings is with the requester

Tasks typically are Client and Business oriented

Occasional travel may be required to attend meetings, seminars, and programs to learn about new processes and guidelines, learn new skills, and stay updated with the team supported

Bachelor's Degree / Master s degree

Knowledge and understanding of Re- / Insurance business is a plus

Relevant job experience is a plus

Focus on details

Proficient in English (reading, written and verbal), ideally with other European language

Profound computer skills and experience with Microsoft Office Package (special focus on Excel)

Intermediate level of math, administrative procedures and general economic principles

Ability to easily interpret the terms and conditions of the legal document, administrative procedures and general economic principles

Logical and analytical thinking, ability to connect dots, ability to identify and report problems or errors while working with significant amounts of detailed information

Applies knowledge to technical and processing tasks through daily activities and responsibilities

Excellent reading comprehension, verbal and written communication skills

Responsibility to deliver timely and accurate business processing also during peak times

Ability to adapt to fast growth, peak times, change and demand

Ability to work both independently or collaboratively while establishing priorities; ability to handle multiple tasks in a rapidly evolving environment

Strong interpersonal skills and ability to establish and maintain effective working relations with people in a multi-cultural environment

Independence in fixing operational issues

Cross departmental cooperation

Involvement / leading of the projects / initiatives

Adhering to personal imperatives

Coaching and guidance to new joiners

Understanding bigger picture

Understanding end to end process

Visibility to stakeholders

Being familiar with Continuous improvement initiative

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