Reinsurance Analyst

  • 38543
  • Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Nov 9, 2020
  • Analyzing and validating of reinsurance files and corresponding premium and claims payments.
  • Processing and providing accurate and timely information to internal and external stakeholders in relation to the client data.
  • Conduct trending analysis on client reported data to identify and escalate any financial impacts to stakeholders as necessary.
  • Develop effective working relationships with external clients and local office and colleagues across the organization to ensure both client and internal customer needs are met.
  • Analyze and update control reports and escalate any issues with potential or known financial impact.
  • Actively seek enhancements and make recommendations for new processes to improve efficiencies or rectify inaccuracies or information gaps. Assist with small to medium sized client projects.
  • Document and follow operations procedures and adhere to SOX process controls.
  • Assist with claims administration as required: validating and logging claims files and data, tracking, reviewing and aging of claims.
  • Ensure accurate, complete and timely checking of all personal data received against OFAC list/PRIME software.
  • Scan and file on network any incoming paper cessions, claims or statements.
  • Provide assistance and ensure transparency in the communication to key internal and external clients e.g., IT, business development, actuarial.
  • Perform ad hoc tasks as requested.
  • 1-3 years’ experience in analyzing data.
  • 1-3 years Insurance/Reinsurance preferred.
  • 1-3 years’ client service preferred.
  • Post -secondary education or equivalent with a background in business, mathematics, economics or accounting.
  • Strong analytical and problem-solving skills.
  • Shows judgment in critically evaluating client data.
  • Excellent verbal and written communication skills.
  • Intermediate to advanced MS Excel skills.
  • Takes responsibility for quality, completeness and accuracy of work.
  • Other languages skills would be an asset.
  • Keen attention to detail with strong analytical ability.
  • Strong client service focus.
  • Highly organized, delivery-orientated with the ability to proactively manage stakeholder expectations.
  • Highly motivated, results oriented and solutions focused.
  • Innovative, proactive and improvement oriented.
  • Ability to work effectively under pressure.