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Manager, Reinsurance Administration
Reinsurance Group of America
IND
Full-time
Manager · 8+ years experience
Onsite
Discovered Yesterday
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Key Skills for This Role
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Full Job Posting
KEY RESPONSIBILITIES
- Premium and Claims Processing and Accounting
- Processing of premium and claims data received from client insurance companies in RGA systems
- Analyze premium and claims transactions to ensure accurate reporting and accounting
- Timely performing brought to account activity for claims.
- Timely closure of month end subledger posting with error free.
- Review of pending claims and accrued premium on regular basis, ageing analysis and processing improvements to be planned accordingly
- Interacting with insurance companies for timely data submission, data processing issues and data quality observations
- Driving data quality corrections wherever required
- Ensuring that the retrocession premium and claims are correctly accounted for in a timely manner
- Technological and Sustainability
- Development of tools for monitoring data quality and internal controls using technology
- Continuous process Improvement using technological solutions
- The system configuration for the new products, treaties and clients for accurate accounting and reporting
- Automate control checks used for month end reporting, audit and client data validation
- Develop tool to work on Blue Book reporting analysis part so that if any queries will be raised can be answered in effective manner.
- Interaction with IT & Business Analyst teams for system enhancements, including user acceptance testing
- Project Management and Audit
- The role requires recurring IT and Process projects to be undertaken and completed in a timebound manner. This requires detailed process understanding of reinsurance administration process.
- Leading the audit engagement for admin process and ensuring that audit inputs are shared in a timely manner
- Ensuring audit observation are tracked and closed appropriately
- Cross Functional Interactions
- Understanding the reporting needs of various stakeholders and designing and automating these reports
- Understanding the configuration needs from treaty, pricing and BD team
- Effective communication with stakeholders for closure of impending issues and designing solutions
Education and Experience
- Postgraduate in commerce (accounting) or mathematics or Degree in engineering or Chartered Accountant – IPCC level
- Minimum of 6 years (for postgraduate) and 8 years (for graduate) of post-qualification work experience in financial services. Life insurance / re-insurance preferred
- Worked in an Operations/ Back Office/ Finance function, handling Financial reporting & reconciliation activities, with at least 2 years at a supervisory level
- Exposure to insurance and reinsurance administration operations (preferably reinsurance administration)
- Managing outsourcing vendors involved in data entry – Both off site and on site
- Handling Quality control checks & review activities of financial transactions
- Chartered Accountant/ BE/Data Analytics
- LOMA certification (Associate of Fellow)
- Preferred – Completed courses / papers in Actuarial Science
- Lean Six Sigma or any other quality management certification
- Exposure to Power BI, Alteryx, Tableau
- Skills and Abilities
- Basic to Intermediate SQL knowledge – Knowledge of data extraction & report generation mandatory
- Intermediate to advanced Advanced Excel skills – Knowledge of Macros & report generation mandatory
- Accuracy & Eye for detail
- Good verbal & written communication skills
- Ability to work well within a team environment
- Ability to cope with competing demands and to prioritize tasks
- Project Management expertise
- #LI-JL1
- 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.
- We’re excited to get to know you and connect your unique skills with our global opportunities. To create a modern and seamless experience, we use artificial intelligence (AI) in parts of our preliminary screening process. This technology helps us personalize job recommendations, automate interview scheduling, evaluate candidates based solely on experience—without considering name, gender, or other personal details—and provide real-time answers through our chatbot. AI is used only during early screening and never makes hiring decisions. Your RGA recruiter will work closely with you every step of the way to ensure the process feels personal, thoughtful, and focused on you.
Preferred Qualifications
- Minimum of 6 years (for postgraduate) and 8 years (for graduate) of post-qualification work experience in financial services. Life insurance / re-insurance preferred
- Preferred – Completed courses / papers in Actuarial Science
About Reinsurance Group of America
Insurance4300 employeesFounded 1973
Global life and health reinsurer providing reinsurance and financial solutions to insurance companies.
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