Business Analyst
Reinsurance Group of America
Taiwan
9天前

Position Overview

The primary responsibilities of this role are :

  • Process client seriatim data and reconcile it with statement. Verify that RGA receives the business in line with treaty specifications.
  • Ensure accurate and timely process is in place when processing both reinsurance data files and corresponding premium payments.
  • Ensure that all assigned reporting tasks are delivered on time with good quality.
  • Support ad hoc projects.
  • Maintain good relationships with both external (e.g. client companies) and internal stakeholders (e.g. Finance and Valuations).
  • Responsibilities

    1.0 Administration 1.1. Ensure that the company’s administration standards and time service requirements are applied to the handling of all business received.

    1.2. Ensure that the administration of all Taiwan business adheres to RGA treaties. 1.3. Provide administration data for input to accounting records, valuation systems and regulatory requirements.

    1.4. Maintain a professional and working relationship with clients. 2.0 Reinsurance 2.1. Maintain a thorough knowledge of Taiwan reinsurance practices and specific RGA treaty practices as they pertain to the management and handling of transfer of risk.

    2.2. Ensure the Taiwan business is administered appropriately through the RGA chain of companies and the International Retro Pool.

    3.0 Data Management 3.1. Participate in the analysis of results and monthly statistics to include :

  • New business volume (AAR, annualized premium, policy count) assumed and retro
  • Inforce (AAR, annualized premium, policy count) assumed and retro.
  • Explanation of fluctuations in policy-related accounts (premium, allowances, etc.) and explanations of variance of the same to plan.
  • 3.2. Participate in claims analysis and management. 3.3. Implement administrative procedures and controls for :

  • New business and termination processing.
  • Claims handling
  • Statistical reporting
  • New client review 4.0 Technical 4.1. Provide ORACLE support to other business analysts. 4.2. Gain market knowledge of Life Reinsurance and its implications within administration 4.
  • 3. Gain full understanding of RGA’s Administration system 4.4. Take ownership of clients, details to be confirmed and be responsible for all accounting aspects and client relationship with the view to loading onto system 4.

    5. Gain full understanding of client treaties, client data files & premium reconciliations and the specific reporting requirements for Valuations & Finance 4.

    6. Gain full understanding of claims reporting 4.7. Fully document admin procedures and processes 5.0 Interactions 5.1. Contribute to the team and respect the culture of the company.

    5.2. Working closely with other RGA Taiwan teams, Claims, Underwriting, Pricing, Accounts & Financial Reporting, as well as associates from the International Support team based in St. Louis.

    Requirements

    Familiar with Oracle SQL; prior experience on Toad would be a plus

  • Frequently used MS Office Access and familiar with Excel formulas; prior experience on VBA would be a plus
  • Has operational command of English language
  • University degree or above in actuarial science, mathematics, information technology, or other related disciplines
  • Client focused and target driven
  • A good team player who can also work on own initiative
  • Logical thinking and attention to detail
  • Ability to cope with multi tasks at same time and prioritize them based on team's goal
  • A positive attitude in dealing with people and different type of tasksExperience
  • At least 4 years working experience
  • Prior experience in insurance is preferred
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