Business Data Analyst, Retro Admin, North America Life
Toronto, Canada
PartnerRe
We are a leading global reinsurer that helps insurance companies reduce their earnings volatility, strengthen their capital and grow their businesses through reinsurance solutions.Company Description
PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.
Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their needs, delivering superior returns to our owner, providing rewarding opportunities for our people and making a positive contribution to society. To achieve this, we live by our values of Integrity, Performance, Collaboration, Straightforward Communication and Respect and Care.
Core to The PartnerRe Experience is our global nature. No matter where you sit in the company, you are part of something bigger. Our teams represent our truly international mindset, forging connections across office locations and all levels of the organization and building a network of mutual success. The result is a day-to-day experience that will allow you to:
Grow in a supportive environment
Connect with a community of experts
View Home - PartnerRe Experience e-book to find out more about what it’s like to work at PartnerRe.
We are always looking for bright, proactive individuals to join our team!
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Job Description
About this job:
The Business Data Analyst will be responsible for the analysis, development, and support of all outgoing client data files for processing in PartnerRe systems. Data is produced in various file formats and usually includes transaction, in force, valuation and underwriting files, which have process streams that vary by function.
- Support the PartnerRe monthly retro billing process (including account and data reconciliations, exception handling, account booking).
- Update accounting system to track retro premium and commission accounts. Find and correct any discrepancies.
- Identify/present variances, account trending, premium calculations/verifications and draw conclusions from the findings.
- Ensure monthly retro processing continue to meet stated metrics. Responsibilities include data/plan mapping (including entry and verification of manual data loads) for all clients, investigation and resolution of client issues, and accounting loads/verification.
- Create, maintain and test the ETL scripts used for acquiring, transforming and loading into PartnerRe systems/tools.
- Analyze and design management reporting as defined by management. Write VBA code, macros, and SQL queries to extract, manipulate, and distribute data.
- Document all TAI processes and procedures put into production.
- Adhere to all IT controls and security established by IT management.
- Ensure the Team Lead is informed of ongoing work activities and any unusual circumstances to ensure quality and timely deliverables.
- Assist other teams within North American Life Operations when necessary including, claims, assumed and reporting teams.
- Assist Valuation and Pricing with requests for data and data inquiries. Analyzing discrepancies and providing documentation.
- Identify opportunities for process improvement, initiate internal reports and create efficiencies to improve data quality.
- Liaise with Underwriting for data checking, management reporting, and discussion on results for Retro business (including facultative applications).
- Assist with Enhancement Projects including creation of project, testing and preparation for deployment. Defect/bug discovery and acceptance testing for the administration system. Document testing and outcomes and liaise with other departments to ensure tasks and bugs are completed to specifications.
- Participation in client visits.
- Communicate with clients to facilitate transmission of monthly transaction files and address any questions/clarifications regarding data issues with clients.
- Support client audits (desk and on-site audits).
Qualifications
About you:
The successful candidate should be a conscientious individual with exceptional problem-solving skills and a high degree of professional ethics and intellectual curiosity. In addition, the candidate should be a well-rounded individual who possesses the right combination of communication skills, an inquiring mind and creative mindset.
- 1-4 years of experience in a financial institution with some data management expertise
- 1-3 years of TAI Experience
- Knowledge of insurance industry is a plus
- Undergraduate or Graduate degree in business or STEM disciplines
- Basic knowledge of audit & quality assurance principles
- Interpersonal skills and relationship management
- Proficient in SQL, MS Office
- Some experience with Data Virtuality Studio, Alteryx, VBA
- Basic French language skills is a plus
Additional Information
#LI-Hybrid
PartnerRe provides a working environment in which diversity is valued, where all employees feel welcome, respected, and empowered to perform at their best. We invite you to learn more about D&I at PartnerRe.
Thank you,
PartnerRe Hiring Team
* Salary range is an estimate based on our AI, ML, Data Science Salary Index 💰
Tags: Data management Data quality ETL Security SQL STEM Testing
Perks/benefits: Career development Team events
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