Reinsurance Analyst
AIA House Auckland, New Zealand
AIA
AIA provides insurance solutions to both individuals and businesses. Find out more about our services and latest updates.Do you believe in finding a career where you can truly make a difference and shape a better future?
At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone.
It's finding new ways to not only better people's lives, but to better the communities and environments we live. Encompassing our ambition of helping a billion people live Healthier, Longer, Better Lives by 2030. And to get there, we need ambitious people who believe in playing an important part in shaping that future. People seeking unmatched career and personal growth opportunities, driven to work with, and learn from some of the most inspiring and supportive leaders in the business.
Sound like you? Then read on.
The opportunity:
The purpose of the Reinsurance Analyst is to support preparation of reinsurance premium and recovery details, data bordereaux, reinsurance treaty administration, data extraction / investigations, and developing insights for other finance colleagues and the wider AIA NZ business.
Key responsibilities include:
Provide reinsurance administration support including, but not limited to:
Claim recoveries from and premium payments to reinsurers
Monthly accruals for claim recoveries and premium payments
Reinsurance treaty administration
In addition, you will be required to,
Extract, reconcile, manipulate and analyse data to produce recovery requests/invoices and associated journals
Administer treaties to make sure they are up to date, perform renewals, execute amendments and keeping required treaty governance documents in order
Keep the manager(-s) and other key stakeholders up to date regarding work progress
Apply and develop software skills including AIA NZ systems, SQL, Python, MS Office package (Excel, Access)
Maintain existing tools, models, systems, processes and documentation and proactively contribute to their improvement and development
Learn, understand and adhere to AIA NZ’s risk management framework and the relevant policies Identify and raise awareness of risk management issues
Assist in investigation of incidents; and
Assist in testing of controls and conducting model validations
Perform other responsibilities and duties periodically assigned by supervisor in order to meet reasonable operational and/or other requirements
Engage with teams across AIA (e.g. Product, Customer, Risk) and external reinsurance partners
Ideally, you’ll bring:
Financial services industry experience (ideally life or health insurance, but other financial services experience will be also considered)
At least three years experience in financial analyst or actuarial analyst roles
Qualifications
Tertiary qualification with quantitative background (e.g. mathematics, statistics or engineering) desired
Why choose AIA?
At AIA, we believe in empowering every one of our people to find their 'better'. We do this by offering:
Opportunities to grow within the business through internal mobility
Competitive employee benefits that include insurances, an Employee Share Purchase Scheme and an extra day of leave each quarter to recharge
Membership to AIA Vitality, our science-backed health and wellbeing programme that provides the guidance, tools, and rewards to get more out of life and start thriving. AIA Vitality partners include Airpoints™, Woolworths, MoleMap, endota, Les Mills, Samsung, Garmin and many more!
A supportive and inclusive workplace
Flexible working arrangements.
If you believe in better, apply now!
Diversity, equity, and inclusion are at the heart of who we are and what we do. Our commitment to these values is unwavering and they are central to our mission. AIA NZ values diversity in the workforce. We encourage candidates from diverse backgrounds, including those with a disability, additional mental health needs, chronic health conditions and/or are neurodiverse to apply for our roles. If you encounter accessibility barriers to the standard recruitment process, please email nz.talentacquisition@aia.com.
We are a 2025 Circle Back Initiative Employer – we commit to respond to every applicant.
Recruitment Agencies: Our Talent team does not require any recruitment agency support.
Interested Candidates: Apply using the ‘Apply’ button. No emailed applications accepted. For general enquiries only, contact:
You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.
* Salary range is an estimate based on our AI, ML, Data Science Salary Index 💰
Tags: Engineering Excel Finance Mathematics Python SQL Statistics Testing
Perks/benefits: Career development Equity / stock options Flex hours Health care Insurance
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