Reinsurance Data Analyst

4 weeks ago

Montreal, Quebec, Canada Reinsurance Group of America Full time

Job Summary

The Reinsurance Group of America is seeking a highly skilled Reinsurance Data Analyst to join our team. As a key member of our Administration service, you will be responsible for processing transactions on insurance policies, quality control of transaction files received from ceding companies, analyzing and resolving transactions rejected by the automated validation process, and processing payables and receivables.

Key Responsibilities

  • Perform quality control on transaction files, including updating the cross-referencing of codes used by clients and those in RGA's reinsurance administrative system.
  • Ensure that all transactions reported by the clients on the insurance policies are captured into RGA's reinsurance administrative system on a timely basis.
  • Analyze and input complex transactions rejected by the automated validation process.
  • Analyze and extend premium schedules rejected by the automated validation process.
  • Process and track reinsurance premiums billing and payment.
  • Propose prioritization levels for interventions related to transactions or extension of premium schedules.
  • Enter substantiated and documented analyses in departmental archiving tools (Azure DevOps, data sheets, etc.).
  • Draft correspondence for clients regarding transactions requiring adjustment.
  • Collaborate with all Administration service areas to achieve departmental goals.
  • Collaborate with internal/external auditors on audit assignments.
  • Any other related tasks.

Requirements

  • Bachelor's degree in a relevant field or relevant professional experience.
  • Experience in reinsurance administration is an asset.
  • Professional working proficiency in English and French (written and spoken) is required to analyze transactional data in English and serve English-speaking clients.
  • Broad knowledge of micro-computing (Excel, Word, and Outlook).
  • Knowledge of either SQL, VBA, Power BI or Power Automate is an asset.

Desirable Skills

  • Strong numerical skills
  • Sense of logic, complexity and analytical skills
  • Excellent observational skills and detail-oriented.
  • Capable of managing several files simultaneously.
  • Organized, takes initiative, self-driven and proactive.
  • Ability to problem solve and challenge the status quo
  • Client and team focused
  • Ability and willingness to learn new software quickly
  • Meets deadlines

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