Reinsurance Analyst

**Job Description**:
**We are Canada Life**

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

***

Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.

Be your best at Canada Life.

We are looking for a
**_Reinsurance Analyst_**

**Role description**

This position provides administrative services for Assumed Traditional Life Reinsurance business for Canada Life, Canada Life Reinsurance Ireland, Canada Life Barbados, and Great-West Life Financial. The Reinsurance Analyst works closely with the Quality Assurance, Data Management, Reporting and Claims teams as well as with other internal and external clients.

**What you will do**
- Provides administration for Assumed Reinsurance business including the set up of new business and maintenance of inforce policies on a bulk basis.
- Interprets Assumed and Retroceded Treaties (contracts) to ensure reinsurance administration falls within agreement terms.
- Analyzes premiums and inforce, including balancing and calculation of premiums and payments and review of policy changes to update net amount at risk.
- Communicates with internal and external clients regarding payments, reporting variances and new business or audit inquiries.
- Prepares and distributes monthly Retroceded Statements including disbursements of funds due client.
- Assists Quality Assurance with internal and external audits by investigating any inconsistencies or issues that arise from audits.
- Reviews and analyses monthly, quarterly, and annually administrative reports.
- Maintains turn-around times for meeting processing targets.

**What you will bring**
- Post secondary education and/or industry related courses (LOMA, FLMI, ARA, ACS)
- Knowledge of individual insurance products and reinsurance administration an asset.
- Experience with Microsoft Office (Excel (proficient in Pivot Tables and Formatting), Word, Outlook, Access).
- Administrative experience an asset.
- Basic accounting knowledge.
- Sound organizational, problem-solving, and decision making skills.
- Strong attention to detail.
- Strong written and verbal communication skills.
- Ability to work independently and within a team environment.
- Ability to multi-task and prioritize work.

**Be your best at Canada Life

**We are one of Canada's top 100 employers**
- Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations._
- We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee _
- has the opportunity to_
- reach their potential._

**_
Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted_**

Ind #LI-Hybrid