Reinsurance Operations Manager
2 weeks ago
Company Overview:
Aspida Holdings Ltd., through its subsidiaries, is dedicated to delivering retirement and reinsurance solutions. With operations spanning the U.S. and Bermuda, Aspida boasts total assets of $15.1 billion. The U.S. platform, Aspida Life Insurance Company, emphasizes leveraging technology and agility to assist clients in achieving and safeguarding their aspirations. The Bermuda-based reinsurance platform, Aspida Life Re, specializes in providing efficient and secure life and annuity reinsurance solutions. Aspida aims to be a reliable partner in ensuring financial security for its clients while fostering growth through community engagement.
Our Culture:
At Aspida, we believe in the power of collaboration. Our team is united by a shared vision for the future, working together without letting egos interfere. We strive to innovate within the annuities and life insurance sectors, focusing on data-driven technology solutions and exceptional customer experiences. Our work ethic is founded on three principles: Get It Done, Do It with Passion, and Enjoy the Journey. If this resonates with you, we encourage you to explore this opportunity further.
Position Summary:
The Reinsurance Manager will engage with multiple departments across Aspida, including Financial Reporting, Actuarial Reinsurance, Actuarial Valuation, Investment Accounting, and Treasury. This role is essential for ensuring precise and timely operational settlement statements, managing intricate reinsurance transactions, and overseeing various special projects. The position plays a crucial role in the execution and ongoing management of corporate strategic reinsurance treaties.
Key Responsibilities:
- Oversee daily reinsurance administration activities.
- Collaborate with business partners to propose solutions for complex reinsurance transactions.
- Manage the preparation of significant reinsurance settlements and participate in related disbursement processes.
- Act as the primary operational contact for administration.
- Contribute to strategic departmental planning and ensure execution through collaboration.
- Develop and monitor key performance indicators to assess operational efficiency.
- Work with reinsurance leadership to evaluate and implement new administration processes.
- Facilitate collaboration by sharing relevant reinsurance administration information.
- Lead process enhancement initiatives to establish reliable and efficient operations.
- Coordinate with the Financial Reporting team to integrate reinsurance settlement processes.
- Participate in corporate modernization and financial transformation projects.
- Ensure the design and execution of internal controls for administration.
- Analyze administrative results of key treaties with stakeholders.
- Prepare and present regular and ad hoc reports for management.
- Lead various special projects related to administration.
- Provide updates on special projects to senior management.
What We Offer:
- Competitive salary, commensurate with experience.
- Full-time position.
- Comprehensive benefits package available.
Our Commitment:
Aspida Financial Services, LLC is dedicated to fostering a diverse and inclusive workplace. We are proud to be an equal opportunity employer and do not discriminate in employment practices based on race, gender, age, disability, religion, national origin, or any other legally protected status.
Qualifications:
- Bachelor's degree in Accounting with a minimum of 4 years of relevant experience.
- At least 7 years of experience in reinsurance administration.
- A minimum of 3 years in a leadership or management role.
- Preferred reinsurance administration designation.
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