Administration Analyst - Longevity

at  RGA

London, England, United Kingdom -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate29 Oct, 2024Not Specified30 Jul, 2024N/AInterpersonal Skills,Reinsurance,Financial Services,SchedulesNoNo
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Description:

Position Overview
An exciting opportunity has arisen at Reinsurance Group of America (RGA) for an Administration Analyst to join our Global Financial Solutions (GFS) division.
In this role you will be a key part of the GFS Longevity Operations Team and joining a small and experienced team in London.
This role provides the opportunity to interact directly with our clients and work with international colleagues across multiple functions in EMEA and North America.
As an Administration Analyst you will play an important role ensuring monthly data reporting and financials deadlines are met, whilst ensuring data can be processed timely and accurately. This role is suited to someone with knowledge of Occupational Pension Schemes, Insurance Annuity Market.

Responsibilities

  • Ensure that the company’s administration standards and time service requirements are applied to the handling of all business received.
  • Ensure that the administration of all UK business adheres to RGA treaties.
  • For your specific client responsibility, provide administration data for input to accounting records, valuation systems and regulatory returns.
  • Ensure reporting month end deadlines are met. This includes working with team members to ensure data can be processed in a timely and accurate manner to achieve this goal.
  • Ensure administration data is provided to retrocession clients in a timely and accurate manner.
  • Attend Client Audits/Assurance Reviews as and when required.
  • Ensure administration processes and procedures are fully documented.
  • Maintain a professional and working relationship with clients.
  • Provide support on internal Administration audits.
  • Maintain a good working knowledge of UK and Irish reinsurance practices and specific RGA treaty practices as they pertain to the management and handling of transfer of risk.
  • Ensure that premiums relating to UK business are administered appropriately through the RGA chain of companies and external retro companies.

REQUIREMENTS

  • Knowledge of Occupational DB (Defined Benefit) Pension Scheme.
  • University degree or equivalent work experience in insurance, reinsurance, or financial services
  • Strong IT skills with a good understanding of MS Excel.
  • Effective interpersonal skills: with the ability to interact with employees at all levels and across different departments.
  • Ability to focus on priorities, targets, and deadlines.
  • Ability to plan and manage owns time and several projects at once, delivering them to agreed schedules.
  • Proactive team player who can also work on own initiative.
  • Ability to develop original and creative ideas to problems and develop new approaches.
  • Ability to analyse and understand large and complex data sets is a necessity.
    Job Reference: UKIR0100

Responsibilities:

  • Ensure that the company’s administration standards and time service requirements are applied to the handling of all business received.
  • Ensure that the administration of all UK business adheres to RGA treaties.
  • For your specific client responsibility, provide administration data for input to accounting records, valuation systems and regulatory returns.
  • Ensure reporting month end deadlines are met. This includes working with team members to ensure data can be processed in a timely and accurate manner to achieve this goal.
  • Ensure administration data is provided to retrocession clients in a timely and accurate manner.
  • Attend Client Audits/Assurance Reviews as and when required.
  • Ensure administration processes and procedures are fully documented.
  • Maintain a professional and working relationship with clients.
  • Provide support on internal Administration audits.
  • Maintain a good working knowledge of UK and Irish reinsurance practices and specific RGA treaty practices as they pertain to the management and handling of transfer of risk.
  • Ensure that premiums relating to UK business are administered appropriately through the RGA chain of companies and external retro companies


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Financial Services

Accounts / Finance / Tax / CS / Audit

Finance

Graduate

Insurance reinsurance or financial services

Proficient

1

London, United Kingdom