Lead Reinsurance Financial Analyst

Voya Financial, Inc.

Minnesota

On-site

USD 95,000 - 135,000

Full time

4 days ago
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Job summary

Voya Financial, Inc. seeks a Lead Financial Analyst to join Voya's Reinsurance team. The role administers reinsurance treaties and reporting with a strong emphasis on process improvements and automation.

Key duties include administering agreements, preparing settlements, validating reports, supporting financial close cycles, and driving data quality with partners. The ideal candidate holds a BA in Finance/Accounting (CPA preferred), 5+ years in life reinsurance finance, and experience with admin

Qualifications

  • BA degree in Finance/Accounting; CPA preferred.
  • Minimum 5 years of reinsurance finance experience with a life insurance focus.
  • Experience with admin systems, ledger data and operating statements.
  • Good understanding of accounting principles, reinsurance operations and financial reporting.
  • Working knowledge of AI tools used to support financial analysis, reporting, and productivity (e.g., Microsoft Copilot).
  • Collaborates with cross-functional teams and leadership.

Responsibilities

  • Administer reinsurance agreements and prepare settlements and reports.
  • Identify and lead improvements within workstreams.
  • Analyze and create automation opportunities in reinsurance processes.
  • Maintain integrity of reinsurance admin system and data.
  • Review and validate settlements reports for completeness and accuracy.
  • Support financial close cycles including journal entries and flux analysis.
  • Interact with reinsurers and third-party administrators to ensure data quality.
  • Mentor junior team members and share technical expertise.
  • Manage multiple priorities under tight deadlines.

Skills

Analytical skills
Attention to detail
Communication skills
Independent worker
Time management

Education

BA degree in Finance/Accounting
CPA preferred

Tools

Excel
Oracle Financial System
Microsoft Copilot

Job description

Together we fight for everyone's opportunity for a better financial future.

We will do this together - with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone's access to opportunities. The status quo is not good enough ... we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today.

Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with - and those we acquire throughout our lives - are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision.

Are you ready to join a company with a strong purpose and a winning culture? Start your Voyage -

Position Summary:

Voya is seeking a Lead Financial Analyst to join Voya's Reinsurance team. The position is responsible for administering reinsurance treaties and reinsurance reporting. We are looking for an individual with a passion for process improvements and automation.

Position Description:
  • Administer reinsurance agreements including preparing and compiling reinsurance settlements and reports.
  • Identify and lead the implementation of improvements within workstream processes.
  • Analyze and create automation opportunities within the existing reinsurance processes.
  • Maintaining integrity of reinsurance admin system and data.
  • Review and validate reinsurance settlements reports received from reinsurers for completeness and accuracy per agreements.
  • Contribute to financial close cycles, including recording journal entries, issuing wires, reviewing, and analyzing operating statements, and providing flux analysis.
  • Undertake ad-hoc tasks, projects and analysis upon request under limited supervision.
  • Work on various responsibilities associated with reinsurance and reporting and interact with various business partners.
  • Interact, communicate, and maintain liaison with reinsurers and third-party administrators to ensure the quality, accuracy and completeness of reports received.
  • Deliver succinct and clear summarizations of analysis tailored to the needs of different customers.
  • Participate in internal and external audit testing.
  • Ensure reinsurance processes and reporting activities are in compliance with audit standards, including sufficient controls and efficient reinsurance processes established/maintained.
  • Share technical expertise and guide junior team members.
  • Support other team members, including reviewing offshore work.
  • Able to manage multiple, often competing priorities under tight deadlines.
  • Able to work with large and complex excel files and scale the data into meaningful analysis
  • Other duties as assigned
Minimum Knowledge & Experience:
  • BA degree in Finance/Accounting, CPA preferred
  • Minimum 5 years of reinsurance finance experience with a life insurance focus
  • Experience working with admin systems, ledger data and familiar with operating statements
  • Good understanding of accounting principles, reinsurance operations and financial reporting
  • Working knowledge of AI tools used to support financial analysis, reporting, and productivity (e.g., Microsoft Copilot or similar AI-driven platforms).
  • Work with various organizational teams and leadership
Preferred Knowledge & Experience:
  • Strong analytical, attention to detail, self-motivated, self-starter; able to work independently with minimal supervision
  • Able to balance quantitative and qualitative analysis
  • Excellent oral and written communications
  • GAAP and Statutory reporting knowledge is preferred
  • Familiarity with Oracle financial syst
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