Process Developer, Insurance Accounting, Local Closing, Reporting %26 Controls

Ready to shape the future of work
At Genpact, we dont just adapt to change-we drive it. AI and digital innovation are redefining industries, and were leading the charge. Genpacts AI Gigafactory, our industry-first accelerator, is an example of how were 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 thats 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, Local Closing, Reporting & Controls
Responsibilities:
.Financial Data Management - Local Close: Assist in collecting, validating, and organizing entity level insurance data (premiums, claims, reserves, reinsurance, investments) to support NAIC SAP and GAAP reporting packages
.Journal Entry Preparation: Support preparation/posting of monthly accruals, deferrals, estimates, and reclasses-such as reserves/IBNR movements, unearned premium adjustments, reinsurance recoverables, and investment income postings-aligned to SAP/GAAP requirements
.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.
.Local Closing & Assistance: Help in preparation of group consolidation templates, elimination entries, and intercompany reconciliations during month-end and quarter-end close cycles.
.Controls & Compliance Support: Maintain SOX/ICFR compliance, ensure documentation completeness, and keep audit ready evidence aligned with NAIC statutory reporting standards.
.Investment/SVO Data Checks: Assist with NAIC SVO valuation checks, pricing variances, and investment reporting validations used in local statutory close

.Cross Functional Coordination: Collaborate with actuarial, claims finance, underwriting finance, reinsurance, and investment accounting teams to gather inputs and resolve close issues.
Minimum Qualifications:
.Commerce Graduate / Postgraduate
.Relevant years of experience in Local Closing/RTR processes
.Experience in working with an insurance client will be an added advantage

Preferred Skill Set:
.Thorough knowledge of accounting procedures
.Computer literacy, MS Excel in particular (familiarity with VLOOKUPs and pivot tables)
.Strong communication skills, with the ability to clearly and succinctly articulate issues to senior management
.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.
Lets 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 %27starter kit,%27 paying to apply, or purchasing equipment or training.