29 Aug
|
Reinsurance Group of America
|
Mumbai
29 Aug
Reinsurance Group of America
Mumbai
You desire impactful work.
You’re RGA ready
RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 200 Company and listed among its World’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:
Under supervision, execute the administration process to load client data, run data quality rules, and reconcile the settlement/accounting summaries to ensure that APFS Asset Intensive and Japan Longevity is administered appropriately and accurately in line with treaty specification. Provides key administration support, for APFS reinsurance and direct transactions to RGA corporate Finance, ceding companies.
Key Responsibilities:
Review original ceding company accounting settlements for highly sophisticated, individually tailored reinsurance agreements for compliance with treaty terms.
Ensure accurate and timely treaty reporting and settlement including all related agreements. Work with client to resolve differences.
Review client reporting for enhanced data reporting to support calculation of seriatim perks, administering settlements, and summarizing monthly transaction history for downstream stakeholders in Risk Management, Valuation, and Finance
Monitor cash settlement process including timeliness of receipt per treaty terms, tracking of data, and settlement processing
Maintain excellent on-going client relationships. Assist client with implementing and understanding treaty provisions as needed.
Work with RGA Finance and Valuation to resolve any general ledger P&L; and balance sheet variances
Participate in special projects, committees as needed and perform other duties as assigned
Education and Experience:
Bachelor’s/Master’s Degree in any stream
2-4 years of work experience in Life In
📌 Business Analyst (Mumbai)
🏢 Reinsurance Group of America
📍 Mumbai