Job Description

You desire impactful work.



You'reRGA ready



RGA is a purpose-driven organization working to solve today's challenges through innovation and collaboration. A Fortune 500 Company and listed among itsWorld's Most Admired Companies, we're the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.



TAI is the 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.



TheSenior Reinsurance Analyst role is part of the TAI Reinsurance Services team, which utilizes an in-depth knowledge of North American life insurance products and reinsurance business practices to provide clients with high quality outsourcing services and 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 an eye for detail to provide a high degree of effectiveness and quality. These processes include maintaining policy or cession records on the TAI administrative system, managing and collecting ceded claims, preparing and reviewing billing statements and reports, and performing quality assessments of peer/team member work.



The Senior Reinsurance Analyst also takes a lead role in the timely and accurate completion of projects, ensuring that downstream processes are not negatively impacted. These projects will require the gathering and analyzing data to provide detailed recommendations that address issues that have no precedent, the preparation of detailed technical procedures to support the recommendations and providing clear communication and guidance to members of the team.



The position offers an excellent opportunity 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.

Principal Duties:

Demonstrate accountability for assigned tasks through to completion including ensuring all support and communication is complete and accurate Review and analyze complex reinsurance administration tasks to identify systematic trending issues and data anomalies; provide detailed technical recommendations adhering to 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, that account for the needs of downstream 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. Ensure that clear and accurate responses to ad hoc internal, reinsurer, and client requests are provided on a timely basis Mentor and train junior team members on standard reinsurance practices, complex life insurance product/business knowledge, and the application of treaty terms.

Education& Experience:

College or University Degree or equivalent experience with proven in-depth knowledge of insurance and reinsurance concepts -Required FLMI/ACS or ARA designation from LOMA is a highly desired asset -Preferred Minimum of 3 years 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 -Required

Skills& Abilities



An understanding of relational databases -Required Advanced proficiency in Microsoft Excel and Word -Required Understanding of impacts of operational transactions on accounting, reserve and claims processes -Required Well developed client service skills -Required Knowledge of project management concepts and practices -Required A proven understanding of retention management practices, treaty setup and interpretation, and compliance -Required Previous experience working with external clients and customers -Required Experience in process documentation -Required Proficiency in MS Access, SQL, or TAI administration system are highly desired assets -Preferred Previous insurance operations or financial reporting experience -Preferred Ability to work with large data sets to recognize systemic trending issues and/or data anomalies -Preferred Understanding of various life insurance products written in the North American market would be ideal -Preferred

Location:

Candidates local to the Greater Toronto Area and available for a Hybrid work arrangement is preferred; however, TAI will consider a Remote work arrangement for well qualified candidates

What you can expect from RGA:

Gain valuable knowledge from and experience with diverse, caring colleagues around the world. Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought. Join the bright and creative minds of RGA, and experience vast, endless career potential.

Compensation Range:

$65,800.00 - $82,250.00 Annual

Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.



RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.