Sr. Reinsurance Business Analyst
1 week ago
Role: Sr. Reinsurance Business Analyst / Support
Location: NYC, NY (Day 1 Onsite)
Contract
Description:
- Support the setup of Multinational and Reinsurance agreements in Company systems.
- Set up and monitor Treaty agreements.
- Oversee and monitor Marine-related calculations and Treaty attachment points.
- Coordinate Transactional Audits and Data calls from direct and broker Reinsurance market participants.
- Oversee and monitor Multinational Reinsurance-related calculations and Treaty attachment points.
- Identify, investigate, and provide solutions to resolve Treaty and Facultative Reinsurance attachment issues which may affect Company financial results.
- Meet regularly with Accounting, Actuarial, Finance, IT and Underwriting departments to validate that expected Reinsurance cessions, controls and placements are in place.
- Provide root cause analysis on Reinsurance data quality issues requiring reversing non-machine entries needed to amend Company financial results.
- Review matters requiring non-machine entries and system-related structural changes and assign & delegate solutions to fix and update requirements.
- Other projects and activities as assigned by management including recommending improvements to the Facultative recoverable reporting process.
Requirements:
- Bachelor’s degree preferably in business-related field of study.
- 7+ Years of experience in insurance & reinsurance industry including Multinational exposure.
- Strong knowledge and experience of both Treaty and Facultative reinsurance structures.
- Hands-on experience working with groups to analyze, define and develop business requirements and workflow processes, including IT-related enhancements.
- Experience working with Underwriting, Reinsurance and Claims' platforms and software.
- Experience with Reinsurance systems.
- Attention to detail; can report issues encountered in processing that lead to resolution efforts.
- High level of self-management; independent worker with analytical skills that can contribute to multiple projects.
- Strong interpersonal skills; collaborate across teams, groups, and functions in a fast-paced setting.
- Effective presentation skills; strong verbal communications skills and strong writing ability.
- Beneficial to have knowledge and proficiency with RiPro (Sapiens).
- Proficiency with Microsoft Office Suites (i.e., Microsoft Excel, PowerPoint, Word).
- CPCU and / or ARe designations preferred but not required.
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