Senior Reinsurance Analyst

1 month ago


Mississauga, Ontario, Canada Royal Bank of Canada Full time
Job Summary

This position has responsibility for the administration of the ceded reinsurance business for Royal Bank of Canada, including the accurate and timely calculation and settlement of reinsurance payments and recoveries, accrual of unsettled premiums, and reserve management.

Key Responsibilities
  • Administer the ceded reinsurance business, ensuring accurate and timely calculation and settlement of reinsurance payments and recoveries.
  • Accrue unsettled premiums and manage reserves to ensure compliance with regulatory requirements.
  • Collaborate with internal stakeholders to ensure seamless integration of reinsurance operations with other business units.
  • Develop and maintain relationships with reinsurers to negotiate and manage reinsurance contracts.
Requirements

To be successful in this role, you will require:

  • Strong analytical and problem-solving skills to manage complex reinsurance transactions.
  • Excellent communication and interpersonal skills to collaborate with internal stakeholders and reinsurers.
  • Ability to work in a fast-paced environment with multiple priorities and deadlines.
  • Strong attention to detail and accuracy to ensure compliance with regulatory requirements.


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