Senior Associate, Reinsurance Integration – Operations
Job Description:
• Lead components of the end-to-end integration and onboarding of new reinsurance deals, from due diligence through closing and transition to business-as-usual processing to seamlessly onboard new reinsurance contracts.
• Manage processes for existing inforce business, including treaty compliance, audits and required deliverables to/from counterparties.
• Review, validate and analyze financial data related to reinsurance settlements, proactively identifying and resolving discrepancies.
• Produce clear and concise summary reporting, analyzing trends and delivering insights.
• Develop and oversee detailed project plans, monitoring progress and documenting KPIs.
• Drive process improvements, automation initiatives, and workflow enhancements to increase efficiency and reduce risk.
• Manage aspects of the development and testing of process automation and workflow improvements.
• Identify and resolve issues resulting from integration, onboarding and early maintenance of new deals.
• Contribute to the development of best practices and operational standards within the reinsurance function.
Requirements:
• Bachelor's degree in accounting, finance or business administration.
• Industry recognized designations a plus (examples: FLMI, ALMI, ARA ARE).
• Minimum 5 years of experience in business, insurance, reinsurance of administration of insurance products.
• Strong understanding of re/insurance or financial services operations.
• Strong analytical and problem-solving skills with high attention to detail.
• Ability to work independently and manage competing priorities.
• Proficiency with standard industry tools (MS Suite).
Benefits:
• annual bonus based on company and individual performance
• generous benefits package
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