Senior Data Analyst, Reinsurance Administration

Year    MH, IN, India

Job Description

You desire impactful work.



You'reRGA ready



RGA is a purpose-driven organization working to solve today's challenges through innovation and collaboration. A Fortune 200 Company and listed among itsWorld's Most Admired Companies, we're the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.



General Summary



The role is part of core Operational function of the organization, involved in handling and processing large volumes of data from clients in RGA systems. The role will provide information& reporting to downstream stakeholders to help them meet their requirements. High adherence to SOPs is required, to ensure the department is able to meet it's overall goals. The incumbent will be required to work within small teams and use tools& techniques to analyze information, report on trends and resolve discrepancies.



Key Responsibility



Premium and Claims Processing



Understanding treaty requirements, pricing parameters and various data fields requirements for Premium Data processing Configuring premium parameters in system for data processing Performing Data quality checks and trend assessment before data processing and building business intelligence for data monitoring linking it to business expectation Processing of premium data ensuring premium rate validation Regular interaction with clients for premium rate and data quality related observations and drive continuous improvements Processing of claims data received with necessary inforce checks, duplicate claim validation and other process checks Developing controls on referral claims booking and ensuring that trend assessments are done for claims being reported Ensuring Timeliness of processing with continuous engagements with client and within the team Regular tracking of unprocessed data files, ageing analysis and ensuring that necessary actions are taken to expedite processing

Technological and Sustainability



Development of tools for monitoring data quality and internal controls using technology Continuous process Improvement using technological solutions (AI and Reporting tools) The system configuration for the new products, treaties and clients for accurate accounting and reporting Automate control checks used for data processing Develop tool to work on Blue Book reporting analysis part so that if any queries will be raised can be answered in effective manner. Interaction with IT& Business Analyst teams for system enhancements, including user acceptance testing Maintain documentation on the processes that map client data to the common formats ensuring consistency across clients and Reinsurance Administration systems. Support the Manager Reinsurance with data compliance requirements& documentation of operations procedures to adhere to SOX process controls and regulatory requirements.

Project Management and Reporting



The role requires recurring IT and Process projects to be undertaken and completed in a timebound manner. This requires detailed process understanding of reinsurance administration process. Developing standard reporting templates for business monitoring, quality control, data monitoring and other stakeholder requirements Development of Power BI dashboards for functional reporting

Cross Functional Interactions



Understanding the reporting needs of various stakeholders and designing and automating these reports Understanding the configuration needs from treaty, pricing and BD team Effective communication with stakeholders for closure of impending issues and designing solutions

Education and Experience



University Bachelor's or Master's degree in computer science, Information Technology or Software Engineering 5-7 years of work experience in Life Insurance Industry. candidates with Reinsurance Experience are highly preferred

Skills and Abilities



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. Ability to gather proper information and demand training when needed

What you can expect from RGA:



Gain valuable knowledge from and experience with diverse, caring colleagues around the world. Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought. * Join the bright and creative minds of RGA, and experience vast, endless career potential.

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Job Detail

  • Job Id
    JD4597507
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    MH, IN, India
  • Education
    Not mentioned
  • Experience
    Year