Job Description

Ready to shape the future of work?
At Genpact, we don't just adapt to change--we drive it. AI and digital innovation are redefining industries, and we're leading the charge. Genpact's AI Gigafactory, our industry-first accelerator, is an example of how we're 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 that's shaping the future, this is your moment. Genpact (NYSE: G) is an advanced technology services and solutions company that delivers lasting value for leading enterprises globally. Through our deep business knowledge, operational excellence, and cutting-edge solutions - we help companies across industries get ahead and stay ahead. Powered by curiosity, courage, and innovation, our teams implement data, technology, and AI to create tomorrow, today. Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook.
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 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 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, 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.

Skills Required