Associate Business Analyst, Data Analysis and Administration

You desire impactful work.
 

You’re RGA ready

RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 500 Company and listed among its World’s Most Admired Companies, we’re the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.

Summary:     

• Use RGA administration system to process client statement/data to ensure accuracy and completeness on the final results for reporting
• For statements not received, make sure correct accrual methods are adopted and reasonable amounts are accrued at each month end process
• Support to map or remap data into a common format in case of new format or format change on client data
• Support to extract and analyze data to fulfill ad hoc projects, e.g. experience study
• Conduct analysis and produce Client Fact Book of responsible clients
• Support to review treaty content from admin's perspective
• Support on BAT activities
• Actively involved in team discussion and willing to share ideas

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 Taiwan business adheres to RGA treaties.

• Provide administration data for input to accounting records, valuation systems and regulatory requirements.

• Maintain a professional and working relationship with clients.

2. Reinsurance

• Maintain a thorough knowledge of Taiwan reinsurance practices and specific RGA treaty practices as they pertain to the management and handling of transfer of risk.

• Ensure the Taiwan business is administered appropriately through the RGA chain of companies and the International Retro Pool.

3. Data Management

Participate in the analysis of results and monthly statistics to include:

• New business volume (AAR, annualized premium, policy count) assumed and retro
• Inforce (AAR, annualized premium, policy count) assumed and retro.
• Explanation of fluctuations in policy-related accounts (premium, allowances, etc.) and explanations of variance of the same to plan.

Participate in claims analysis and management.

Implement administrative procedures and controls for:

• New business and termination processing.
• Monthly billing
• Claims handling
• Statistical reporting
• New client review

4. Technical

• Provide ORACLE support to other business analysts.
• Gain market knowledge of Life Reinsurance and its implications within administration
• Gain full understanding of RGA’s Administration system 
• Take ownership of clients, details to be confirmed and be responsible for all accounting aspects and client relationship with the view to loading onto system
• Gain full understanding of client treaties, client data files & premium reconciliations and the specific reporting requirements for Valuations & Finance
• Gain full understanding of claims reporting
• Fully document admin procedures and processes

5.   Interactions

• Contribute to the team and respect the culture of the company.
• Working closely with other RGA Taiwan teams, Claims, Underwriting, Pricing, Accounts & Financial Reporting, as well as associates from the International Support team based in St. Louis.

Qualifications:     

• University graduate or above. Major in math- or programming-related is a plus.
• IT skill Requirements:
  • Proficient in MS Excel and Access.
  • Advanced experience in ORACLE SQL programming with Toad.
  • VBA skill is preferred.
• Accuracy
• Good at logical thinking
• Attention to details and problem solving skill
• Effective interpersonal skills
• Good time-management and be able to manage multi-tasks
• A good team player who can also work on own initiative
• Adaptability to rapid changes

What you can expect from RGA:

• 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.