Associate Business Analyst, Data Analysis and Administration

2 weeks ago


Taipei Taipei City, Taiwan Reinsurance Group of America, Incorporated Full time $70,000 - $120,000 per year

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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