Associate Business Analyst, Data Analysis and Administration
1 day ago
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 500 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.
Summary
- Use RGA administration system to process client statement/data to ensure accuracy and completeness on the final results for reporting
- For statements not received, make sure correct accrual methods are adopted and reasonable amounts are accrued at each month end process
- Support to map or remap data into a common format in case of new format or format change on client data
- Support to extract and analyze data to fulfill ad hoc projects, e.g. experience study
- Conduct analysis and produce Client Fact Book of responsible clients
- Support to review treaty content from admin's perspective
- Support on BAT activities
- Actively involved in team discussion and willing to share ideas
Responsibilities
- Administration
- Ensure that the company's administration standards and time service requirements are applied to the handling of all business received.
- Ensure that the administration of all Taiwan business adheres to RGA treaties.
- Provide administration data for input to accounting records, valuation systems and regulatory requirements.
- Maintain a professional and working relationship with clients.
- Reinsurance
- 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.
- Ensure the Taiwan business is administered appropriately through the RGA chain of companies and the International Retro Pool.
- Data Management
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.
Participate in claims analysis and management.
Implement administrative procedures and controls for
- New business and termination processing.
- Monthly billing
- Claims handling
- Statistical reporting
- New client review
- Technical
- Provide ORACLE support to other business analysts.
- Gain market knowledge of Life Reinsurance and its implications within administration
- Gain full understanding of RGA's Administration system
- 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
- Gain full understanding of client treaties, client data files & premium reconciliations and the specific reporting requirements for Valuations & Finance
- Gain full understanding of claims reporting
- Fully document admin procedures and processes
- Interactions
- Contribute to the team and respect the culture of the company.
- 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.
Qualifications
- University graduate or above. Major in math- or programming-related is a plus.
IT skill Requirements
Proficient in MS Excel and Access.
- Advanced experience in ORACLE SQL programming with Toad.
VBA skill is preferred.
Accuracy
- Good at logical thinking
- Attention to details and problem solving skill
- Effective interpersonal skills
- Good time-management and be able to manage multi-tasks
- A good team player who can also work on own initiative
- Adaptability to rapid changes
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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