Associate Longevity Administration Analyst
eTeam UK
London, UK
2d ago

Language : English (US)

Company : RGA UK Services Ltd

Country : United Kingdom

Organization Level : United Kingdom

Requisition Number : UKIR00384

Requisition Type : Regular

Purpose

  • To ensure that UK Longevity business is administered appropriately and accurately in line with treaty specifications.
  • Scope

  • The EMEA Longevity market (and where specific knowledge may be utilised in other RGA entities of affiliates outside of the UK and Ireland, to assist as resource permits).
  • Responsibilities

    Under general supervision, carry out the following responsibilities :

    1. 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 UK business adheres to RGA treaties.
  • For your specific client responsibility, provide administration data for input to accounting records, valuation systems and regulatory returns.
  • Ensure reporting month end deadlines are met. This includes working with team members to ensure data can be processed in a timely and accurate manner to achieve this goal.
  • Ensure administration data is provided to retrocession clients in a timely and accurate manner.
  • Attend Client Audits / Assurance Reviews as and when required.
  • Ensure administration processes and procedures are fully documented.
  • Maintain a professional and working relationship with clients.
  • Provide support on internal Administration audits.
  • 2. Reinsurance

  • Maintain a good working knowledge of UK and Irish reinsurance practices and specific RGA treaty practices as they pertain to the management and handling of transfer of risk.
  • Ensure that premiums relating to UK business are administered appropriately through the RGA chain of companies and external retro companies.
  • 3. Management Information

  • Ensure documents that provide input to regular management information are completed in a timely and accurate manner i.
  • e. Workstats, client data files and payment tracking etc.

  • Ensured data is provided for UK underwriting audits.
  • 4. Technical

  • Gain market knowledge of Life Reinsurance and its implications within administration.
  • Gain good understanding of processing client data on RGA administration systems.
  • Gain good understanding of retrocession through the RGA chain of companies, external retrocession and the International Retro Pool.
  • 5. Interactions

  • Reporting to the Longevity Administration Manager, EMEA and working closely with other members of the Operations team.
  • Contribute to the team building spirit within the company.
  • Working closely with other RGA UK teams.
  • Required :

  • Strong IT skills with a good understanding of MS Excel
  • Superior oral and written communication and presentation skills
  • Effective interpersonal skills; with the ability to interact with employees at all levels and across different departments
  • Ability to focus on priorities, targets and deadlines
  • Ability to plan and manage owns time and several projects at once, delivering them to agreed schedules
  • Proactive team player who can also work on own initiative
  • Ability to develop original and creative ideas to problems and develop new approaches.
  • Ability to contribute to the team building spirit within the company
  • Preferred :

  • Experience with Pension administration
  • University degree or equivalent work experience in insurance, reinsurance, or Financial Services
  • Experience in using MS Access
  • Apply
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