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    Sr. Reinsurance Business Analyst - New York, United States - Saransh

    Saransh
    Saransh New York, United States

    1 week ago

    Default job background
    Description

    Role: Sr. Reinsurance Business Analyst / Support

    Location: NYC, NY (Day 1 Onsite)

    Contract

    Is this the role you are looking for If so read on for more details, and make sure to apply today.

    Description:

    • Support the setup of Multinational and Reinsurance agreements in Company systems.
    • Set up and monitor Treaty agreements.
    • Oversee and monitor Marine-related calculations and Treaty attachment points.
    • Coordinate Transactional Audits and Data calls from direct and broker Reinsurance market participants.
    • Oversee and monitor Multinational Reinsurance-related calculations and Treaty attachment points.
    • Identify, investigate, and provide solutions to resolve Treaty and Facultative Reinsurance attachment issues which may affect Company financial results.
    • Meet regularly with Accounting, Actuarial, Finance, IT and Underwriting departments to validate that expected Reinsurance cessions, controls and placements are in place.
    • Provide root cause analysis on Reinsurance data quality issues requiring reversing non-machine entries needed to amend Company financial results.
    • Review matters requiring non-machine entries and system-related structural changes and assign & delegate solutions to fix and update requirements.
    • Other projects and activities as assigned by management including recommending improvements to the Facultative recoverable reporting process.

    Requirements:

    • Bachelor's degree preferably in business-related field of study.
    • 7+ Years of experience in insurance & reinsurance industry including Multinational exposure.
    • Strong knowledge and experience of both Treaty and Facultative reinsurance structures.
    • Hands-on experience working with groups to analyze, define and develop business requirements and workflow processes, including IT-related enhancements.
    • Experience working with Underwriting, Reinsurance and Claims' platforms and software.
    • Experience with Reinsurance systems.
    • Attention to detail; can report issues encountered in processing that lead to resolution efforts.
    • High level of self-management; independent worker with analytical skills that can contribute to multiple projects.
    • Strong interpersonal skills; collaborate across teams, groups, and functions in a fast-paced setting.
    • Effective presentation skills; strong verbal communications skills and strong writing ability.
    • Beneficial to have knowledge and proficiency with RiPro (Sapiens).
    • Proficiency with Microsoft Office Suites (i.e., Microsoft Excel, PowerPoint, Word).
    • CPCU and / or ARe designations preferred but not required.
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