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As FS Administration Analyst, you will be responsible for helping to ensure the accuracy and timeliness of data and financial settlement reporting to downstream RGA stakeholders. To achieve this objective, you will be liase RGA clients and RGA Stakeholders ensuring that the administrative requirements of treaties are adhered to for our Longevity swap and Mass lapse reinsurance products.
Job Responsibility
Work collaboratively with other team members and other RGA functions i.e. Finance Valuation, Risk, Treasury to ensure accurate and timely administration of treaties in line with SOX requirements, establishing strong relationships with individuals and teams in these functions
Contribute to a culture of continuous process improvement
identifying opportunities for automation and removal of procedures/processes that are not adding value
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
Requirements
Intermediate Excel proficiency: Data retrieval functions e.g. VLOOKUP, IF statements, SUMIF, COUNTIF, Text Functions e.g. LEFT, RIGHT, MID, TRIM. Date and Time functions e.g. TODAY, WEEKDAY. Data Management and Analysis functions e.g. pivot tables, sorting and filtering, conditional formatting, removing duplicates.
Analytical thinking and problem solving: Detail-oriented with a focus on accuracy.
Experience working with large data sets
Knowledge of pensions including individual annuities and defined benefit schemes, GMP, Revaluation etc.
Previous pensions administration experience.
Basic VBA/Macros Knowledge
CII Qualifications (LF1) or equivalent work experience.
What we offer
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