Associate Manager, Reinsurance Treaties and Analysis

4 months ago

London, Canada Canada Life Assurance Company Full time

**Job Description**:
The Reinsurance unit is part of Individual Wealth and Insurance Solutions here at Canada Life. Our role is to address the reinsurance needs for our individual insurance business by working with our reinsurance partners resulting in reinsurance agreements. First and foremost, the Associate Manager role ensures our agreements are complete and up to date per our internal risk and compliance standards. The role also plays a key part in our new business issue process and various product initiatives.

**What you will do**
- Provide support on new product and/or reinsurance initiatives, ensuring implications for reinsurance are brought forward.
- Coordinate the review and approval of reinsurance agreements, ensuring compliance with internal risk and compliance standards.
- Coordinate the review of non-contractual changes to policies in-force, negotiating with reinsurers as necessary to formalize their approval.
- Coordinate file uploads to TAI system, providing a recommendation for approval of the final files.
- Support migration efforts from older legacy systems to Ingenium and TAI.
- Provide training for new and existing staff members to ensure proper understanding of the role of reinsurance within our business.
- Support external and internal auditors, ensuring their understanding of complex reinsurance transactions as well as our controls and processes.
- Oversee two team members, providing support, coaching and motivation to optimize their performance.

**What you will bring**
- University degree in business
- 8-10 years of experience working in an insurance or preferably in a reinsurance role, specifically working on contract arrangements; managerial experience preferred.
- System knowledge (TAI, Ingenium, FM, RAS, IB15, Aura, Onbase) and MS software knowledge (Excel, Access).
- Strong communication skills and professional demeanor.
- Must be able to manage relationships and negotiations with internal and external partners.
- Excellent analytical and problem-solving skills.
- Skilled at prioritizing for themselves and their team.
- Ability to work independently and manage team members to optimize their performance.

**_
Given the size and scope of our organization, we have the flexibility for this position to be located in the following head office locations: Montreal, Toronto, London, Winnipeg._**

**Be your best at 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.
- 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_**.


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