Management Trainee - Llyod's Reporting

Management Trainee - Llyod's Reporting

Genpact
Not Specified
Not Specified

Job Description


With a startup spirit and 90,000+ curious and courageous minds, we have the expertise to go deep with the world's biggest brands-and we have fun doing it. Now, we're calling all you rule-breakers and risk-takers who see the world differently, and are bold enough to reinvent it. Come, transform with us.
Inviting applications for the role of Management trainee, GAAP Accounting
Responsibilities:
. Preparation of UK GAAP/Lloyd's financial documents - quarterly and annually
. Lloyd's Core Market Returns: QMA, QMB, GQD etc and responsible for monthly, quarterly and annual closing of books
. Record all entries including underwriting activity, claims, investments, expenses, fixed assets, accruals, prepayments, tax, corporate and legal entity allocations, eliminations and cash
. Perform analytical functions to test that results are reasonable and build effective controls in the Lloyds accounting & reporting processes to ensure accuracy of the financials
. Actively work with IT & reengineering team to provide inputs for system upgrades (Claims, underwriting & GL) with a goal of streamlining the close process & build effective controls.
. Work towards restructuring the chart of accounts to meet the reporting requirement and operational improvements and Streamlining to drive efficiencies and effectiveness
. Understanding of closing process for an insurance P&C company and Should have experience and understand the Lloyd's Insurance Market framework of multiple reporting requirements.
Qualifications we seek in you
Minimum qualifications
. Commerce Graduate
Preferred Skill Set
. Preferred with Lloyd's Syndicate reporting experience but training can be provided to the suitable candidate
. Insurance Certification and proficient in excel
. Understanding the dynamics of Lloyd's Insurance Market along with Experience in year end audit for Financial Documents.
. Experience of front ending with customer, issue partner concern
. Good experience with ERP - Preferably Oracle GL IT savvy & Understands interface processes with accounting ledger
. Regulatory Reporting exposure around Solvency II
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 diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit www.genpact.com. Follow us on Twitter, Facebook, LinkedIn, and YouTube.

About Genpact

Job Source : www.genpact.com

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