Data Analyst, Reinsurance Administration

Year    Mumbai, Maharashtra, India

Job Description


Position Overview
Under the responsibility of Chief Executive Officer, India, the Data Analyst – Reinsurance provides a lead role along with the Chief Manager - Reinsurance Administration in order to manage and address data needs per treaty parameters, interpret client data to conform to RGA requirements, and test the processes that map and load client data into Reinsurance Administration systems. The Data Analyst – Reinsurance develops, improves and optimizes programs and tools used for managing data received from clients and insures that good quality data can be used downstream by the various RGA business units.
Responsibilities

Key Relationships (Internal & External): The Data Analyst – Reinsurance establishes a symbiotic relationship with the Chief Manager – Reinsurance Administration in order to support the following groups:

  • RGA - Finance Department
  • RGA - Valuation Department
  • RGA - Operations Department (Includes Claims and Underwriting administrators)
  • RGA - Data Analytics Department
  • RGA - Pricing Department
  • External - Appropriate contacts at client companies

Duties and Responsibilities:
  • Collect and analyse business needs from users; provide lead role for the team and contribute to effective planning and implementation of identified projects
  • Support, develop and maintain specialized applications; be an active member and participate in setting data management, data quality and performance goals for the company
  • Support the process to ensure reinsurance data is received from the client as per agreed timelines, is reconciled with accurate premiums paid for by clients and accurate claims paid to clients & as per treaty terms
  • Identify the areas of improvements in the processes followed by the Reinsurance Administration team and implement best practices
  • Develop, maintain and improve data validation processes to ensure the accuracy & quality of client data, including quality assurance and automated testing & validation
  • Maintain documentation on the processes that map client data to the common formats ensuring consistency across clients and Reinsurance Administration systems
  • Support the Chief Manager Reinsurance with data compliance requirements & documentation of operations procedures to adhere to SOX process controls and regulatory requirements
  • Act as backup for the Manager – Reinsurance Administration (peer level)

Requirements

Qualifications and Experience:
  • University Master’s degree in Computer Science, Information Technology or Software Engineering
  • 2-4 years of work experience
  • Entry level candidates will be considered; motivation to learn and help develop office operations is key

Skills and Attributes Required:
  • Keen sense of data management
  • Knowledge in SQL and/or PL/SQL and eagerness to learn and manage large relational databases
  • At ease in managing large Microsoft Excel files, scripting, validation and automation
  • Creativity and keen interest in business process automation and Visual Basic Macro development
  • Client focused and self-starter, driven in pursuit of targets
  • Interest in the insurance industry
  • Ability to work well within a team environment and participate in department/team projects
  • Autonomy, accuracy, attention to details
  • Ability to cope with competing demands and to prioritize tasks
  • A positive attitude to dealing with people, shares openly and willingly, demonstrates accountability, cooper
  • Ability to gather proper information and demand training when needed

Company Overview

Reinsurance Group of America, Incorporated (NYSE: RGA) is one of the largest global providers of life reinsurance, with offices around the world. RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, financial solutions, facultative underwriting and product development. Our mission is to enhance our clients’ prosperity by supporting their financial and risk management capabilities.
Job Reference: IND00297

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Job Detail

  • Job Id
    JD2858516
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year