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- Tasks: Lead teams in the London Market Underwriting, managing service targets and mentoring associates.
- Company: Genpact is a tech-driven company transforming industries with AI and digital innovation.
- Benefits: Enjoy hands-on experience, mentorship, and a values-driven culture focused on growth.
- Why this job: Join a team shaping the future, solving real-world problems in a fast-paced environment.
- Qualifications: Graduates with knowledge of underwriting lifecycle; certifications preferred but not mandatory.
- Other info: Genpact values diversity and does not charge fees for job applications.
The predicted salary is between 24000 - 36000 £ per year.
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Job Description – Domain Trainee – London Market Underwriting! (INS028687)
Inviting applications for the role of Domain Trainee / Management Trainee – London Market Underwriting.
In this role, you will be responsible for leading teams and managing service level targets for the P&C Insurance Business. You will facilitate goal creation aligned with business objectives, work with managers to cascade goals to all associates, guide talent identification and development, and focus on business challenges using analytics and technology.
Responsibilities
- Knowledge of Market Reform Contract (Slip), its sections, and details such as written line, Sign Line, etc., including carrier-generated policy documentation.
- Exposure to London Market, including Company and Bureau markets, is preferable.
- Lead teams and manage service level targets, providing mentorship to direct reports including Domain Experts and Assistant Managers.
- Monitor, analyze, and report trends in key underwriting performance drivers.
- Lead discussions on operations with UK partners on a weekly/monthly/quarterly basis.
- Understand risks faced by the function and the controls in place to mitigate these risks.
- Ensure clarity around priorities and goals across the functional area.
- Work effectively in a team environment, exercising good judgment.
- Collaborate with senior management for strategy development and execution planning.
- Approve hiring and redeployment requests within the group.
Qualifications
Minimum Qualifications
- Graduate in any stream except Technical.
- Comprehensive knowledge of the underwriting lifecycle.
- Demonstrate customer focus, partnership, accountability, initiative, and innovation.
Preferred Qualifications / Skills
- Certification such as CII (ALMI, FIT, Cert CII), AINS, CPCU, or equivalent.
- Ability to think strategically and operationally in the long term.
- High customer service orientation.
- Excellent interpersonal skills and understanding of UK insurance underwriting, claims cycle, and Lloyd’s market.
- Strong statistical knowledge.
- Motivated and achievement-oriented.
Why join Genpact? Be a transformation leader at the forefront of AI, automation, and digital innovation. Make an impact by driving change for global enterprises. Accelerate your career with hands-on experience, mentorship, and continuous learning. Join a diverse team of over 140,000 professionals committed to integrity and inclusion. We do not charge fees for job applications, and beware of scams involving payments or equipment purchases.
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Domain Trainee – London Market Underwriting employer: Genpact
Contact Detail:
Genpact Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Domain Trainee – London Market Underwriting
✨Tip Number 1
Familiarise yourself with the London Market and its dynamics. Understanding the nuances of the Company and Bureau markets will give you an edge during interviews, as you'll be able to discuss relevant trends and challenges.
✨Tip Number 2
Network with professionals in the insurance industry, especially those involved in underwriting. Attend industry events or join online forums to connect with potential colleagues and gain insights into the role.
✨Tip Number 3
Brush up on your knowledge of the underwriting lifecycle and the Market Reform Contract (Slip). Being able to discuss these topics confidently will demonstrate your preparedness and commitment to the role.
✨Tip Number 4
Showcase your analytical skills by preparing examples of how you've used data to drive decisions in previous roles. This will highlight your ability to monitor and report on key performance drivers effectively.
We think you need these skills to ace Domain Trainee – London Market Underwriting
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Domain Trainee position. Understand the responsibilities and qualifications required, especially the knowledge of the underwriting lifecycle and familiarity with the London Market.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job requirements. Emphasise any previous roles or projects that demonstrate your understanding of underwriting and customer service orientation.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific reasons why you want to work at Genpact and how your background makes you a suitable candidate for the Domain Trainee position.
Highlight Relevant Qualifications: If you have any certifications related to insurance, such as CII London or AINS, be sure to mention them prominently in your application. This will help demonstrate your commitment to the field and enhance your candidacy.
How to prepare for a job interview at Genpact
✨Understand the Underwriting Lifecycle
Make sure you have a solid grasp of the underwriting lifecycle, as this is crucial for the role. Be prepared to discuss your knowledge of Market Reform Contracts and how they apply to the London Market.
✨Showcase Your Analytical Skills
Since the role involves monitoring and analysing key performance drivers, be ready to demonstrate your analytical skills. Bring examples of how you've used data to drive decisions or improve processes in previous roles.
✨Demonstrate Team Leadership Experience
Highlight any experience you have in leading teams or mentoring others. Discuss how you’ve managed service level targets and facilitated goal creation in past positions, as this will resonate well with the interviewers.
✨Prepare for Strategic Discussions
Be ready to engage in discussions about strategy development and execution planning. Think about how you can contribute to the company's goals and be prepared to share your ideas on operational improvements.
