LOGiQ3

Senior Reinsurance Analyst - 3 Months Contract (BB-F752C)

Found in: Talent CA

Description:
Tindall Associates, Inc., known as TAI (pronounced as T.A.I.), was founded in the mid-1970s and later incorporated as a privately held ‘C’ Corporation. The initial business was general insurance consulting. In early 2018, TAI’s parent company, LOGiQ3 Group was acquired by RGAx. RGAx is the transformation engine and a wholly-owned subsidiary of Reinsurance Group of America, Incorporated (NYSE: RGA). A Fortune 500 company, RGA is among the leading global providers of life reinsurance and financial solutions. Today, TAI is the premier provider of life reinsurance solutions in North American, with the capability of expanding to international markets. Reinsurance is a global business, and TAI’s base system is flexible and can be customized to meet the needs of these new markets. TAI offers a complete software solution for life companies to self-report all their reinsurance information; assumed, ceded or retroceded in an electronic format to share with their partners on a cost-effective basis. Position DescriptionThe Senior Reinsurance Analyst role is part of the TAI Reinsurance Services team, which provides clients with outsourcing services for the life insurance/reinsurance business in the TAI administration system. The Senior Reinsurance Analyst independently executes upon established processes within the reinsurance administration outsourcing team with a high degree of effectiveness and quality. This includes maintaining policy or cession records on the TAI administrative system, preparing and reviewing billing statements and reports, taking a lead role in the timely and accurate completion of projects, including data analysis and documentation, as well as handling client or reinsurance company inquiries. Often these projects are complex in nature and require detailed review and analysis. This role builds upon established reinsurance administration and/or insurance operations 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. As a Senior Reinsurance Analyst, you will:Review and analyze complex reinsurance administration tasks to identify systematic trending issues and data anomalies; provide recommendations for best practices for problem resolution and adherence to reinsurance treaties, including processing and tracking reinsurance claims, premium billing and payment, and reinsurance treaty review and maintenance.Ensure data quality and compliance on administration systems; communicate and implement new/revised reinsurance business processes.Support running of monthly and quarterly administration cycles by reviewing and processing cycle exceptions and reporting, with some accountability for process review and oversight.Execute a variety of reinsurance processes currently done using MS Access databases and/or MS Excel worksheets. Develop and enhance a variety of MS Access databases and MS Excel worksheet processes.Complete assigned projects as required, performing data analysis and prescribed documentation.Respond to ad hoc internal, reinsurer, and client requests.Mentor and lead – Train junior analysts on business knowledge and new treaties. As a Senior Reinsurance Analyst, what skills and experience do you possess? Qualifications3-5 years of proven experience in a reinsurance administration or direct insurance operations role, with a proven understanding of North American life insurance products and how they are administered.College or University Degree Proven knowledge of insurance and reinsurance concepts.A proven understanding of retention management practices, treaty setup and interpretation, and complianceProficiency in Microsoft Excel and Word.An understanding of relational databases Preferred QualificationsProficiency in MS Access, SQL, and TAI administration systemProven ability to work with large data sets to perform analysis and recognize systemic trending issues and/or data anomalies.Understanding of various life insurance products written in the North American market.FLMI/ACS/ARA designation from LOMA.Knowledge of project management concepts and practices. Skills & CompetenciesAbility to manage and execute business processes to completion, while demonstrating best practices, evidenced controls, and quality outcomes.Developed customer service skills.Creativity, curiosity, and a professional demeanor.Excellent verbal and written communication skillsIndependent thinker who is adaptable to a fast-paced and constantly evolving work environment.Aptitude toward mathematicsEffective negotiation and collaboration skillsStrong problem-solving skillsClient drivenAttention to detailResults-orientedQuick learner of new processes and technology.Ability to manage multiple deliverables to tight deadlines Interested?Take the time to learn more about us and tell us more about who you are and why we should invite you to the team. Apply on the LOGiQ3 website or read up first on TAI’s blog, LinkedIn, and Twitter. About our parent companyRGAX is the “transformation engine” of RGA that leverages the talent, resources, and insight of RGA’s 40+ years of innovation. By partnering with carriers and entrepreneurs, RGAX incubates and accelerates new products and services to change the life insurance ecosystem.RGAX is passionately driven to ensure success for clients and the insurance industry while achieving the core purpose of helping people live longer, healthier, more financially secure lives, everywhere. To learn more, visit by JazzHR

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location_on Toronto, Canada

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