Sr. Reinsurance Analyst (TAI)

Position Overview

This opportunity is with a TAI, a subsidiary of RGA. TAIprovides the complete software and service suite of solutions for life companies to self-report all reinsurance business; ceded or retroceded in an electronic format to share with your reinsurance partners.

The Reinsurance Analyst (RA)is an entry-level position in which the candidate will independently execute upon established processes within the reinsurance administration outsourcing team with a high degree of effectiveness and quality. These functions usually entail maintaining policy or cession records on administrative systems, preparing and reviewing billing statements and reports, and handling client or reinsurance company inquiries. Often these functions are more complex in nature and will require more detailed review and analysis. This role builds upon established reinsurance administration expertise to ensure efficient delivery of quality output to reinsurers and clients.

This role provides opportunities for continued career advancement as an individual contributor for analytical problem solvers, or those who aspire to develop subject matter and/or leadership expertise in reinsurance operations.

Responsibilities

JOB RESPONSIBILITIES

• As a Senior Reinsurance Analyst, you will:

  • Own and drive the administration of our services.
  • Work as part of the team, and take a lead role in the timely and accurate completion of projects, including data analysis and documentation.
  • Ensure quality assurance - through the highest quality of work that meets and exceeds client expectations is performed. This includes:
    • Ensure data quality on administration systems.
    • Perform retention and exception reporting; looking into root causes and policies.
    • Maintain the SLAs with the clients.
    • Support running of monthly and quarterly administration cycles by reviewing and processing cycle exceptions and reviewing reporting output.
    • Respond to ad hoc internal or reinsurer requests.
  • Mentor and lead - train junior analysts on business knowledge.
  • Grow your career as we grow. You will quickly increase the depth and breadth of your reinsurance knowledge. You will:
    • Participate in projects as required including data analysis and documentation.
    • Implement reinsurance business processes and best practices.
  • Make an impact. You will have an opportunity to make your voice heard and see your ideas, policies, and strategies implemented.

Requirements

Bachelor’s degree in Actuarial Math or Sciences, Mathematics, Finance or Computer Science. Willingness to pursue your ARA designation.

The Experience:

• 3+ years of insurance operations.
• Have expertise in recognizing systemic trending issues and data anomalies within large data sets.
• Have exposure to project management concepts and practices.
• The Industry Knowledge.
• Have familiarity with various life insurance products written in the North American market
• Basic insurance principles.
• Reinsurance administration and treaties.
• The technical – and data – skills.
• Hands-on experience accessing and manipulating data with Excel, SQL and Access.
• Experience in using the TAI administration system
• The relationship-building skills.
• You have outstanding verbal and written skills.
• You know how to work with any level of internal or external clients.
• You enjoy conducting research, digging deep and breaking down problems, and innovating solutions..
• You are approachable, energetic, enthusiastic, curious, and funny. You are a team player, a collaborator, and an independent thinker.

Company Overview

TAI, as subsidiary of RGA is a market leader in life reinsurance systems in North America with clients in the United States, Bermuda, the Caribbean, United Kingdom, South Africa and Hong Kong. TAI is focused on simplifying reinsurance administration through software and service solutions. TAI Software automates reinsurance administration for life, annuity and longevity business and TAI Services helps identify and solve areas of reinsurance risk. Over 90% of the top insurers in North America, by life face amount issued, trust TAI software for their life reinsurance administration.

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Job Reference: CN00877