Life Reinsurance Operations Manager

Fidelity & Guaranty Life Insurance Company; United States; Hybrid; USD 120,000 - 180,000; Full time

Benefits offered by this job

Hybrid work environment

Remote work options

Job summary

Fidelity & Guaranty Life Insurance Company seeks a Manager, Life Reinsurance Administration who will report to the Director of Life Reinsurance Accounting & Administration. You will manage a team of 3-4 subject matter experts and collaborate across Financial Reporting, Actuarial Reinsurance, Actuarial Valuation, Investments, Treasury and Retail segments to ensure timely settlements.

You’ll oversee administration of complex reinsurance transactions, drive process improvements, develop KPIs, and

Qualifications

• Bachelor’s degree in Accounting
• Minimum 7 years of experience in reinsurance administration
• Minimum of 3 years of leadership or management experience
• Reinsurance administration designation preferred
• Technical knowledge in TAI life reinsurance administration system

Responsibilities

• Oversee and direct all Life reinsurance administration business-as-usual activities
• Collaborate with business partners to recommend administration solutions for complex reinsurance transactions
• Manage the preparation of significant reinsurance settlements and participate in disbursement processes (Treasury, Investments, etc.)
• Serve as a Life line-of-business operational / administration contact person
• Participate in strategic departmental planning and is responsible for execution of the strategy through others
• Develop, implement and monitor key performance indicators to continuously assess the department’s operational efficiency and effectiveness
• Partner with reinsurance leadership (Actuarial Reinsurance, Actuarial Valuation, Financial Reporting, Investments, etc.) in order to evaluate / design and successfully operationalize new reinsurance administration
• Drive collaboration with Life line-of-business management by providing reinsurance administration information impacting their results
• Lead continuous process enhancement reviews in order to identify, implement and maintain reliable, repeatable, sustainable, scalable and streamlined operations
• Partner with the Financial Reporting team to ensure integration of the reinsurance settlement processes with financial reporting activities
• Oversee or participate in corporate modernization and financial operation transformation projects
• Ownership of design and execution of administration internal controls
• Partner with customers to analyze administrative results of key treaties
• Prepare and present recurring and ad hoc reports for management
• Provides regular coaching, employee development and has a strong focus on team engagement
• Supports leadership in the development and maintenance of a succession plans
• Lead and / or oversee numerous administration special projects
• Create and present status of special projects to Senior management

Skills

Leadership

Communication

Presentation skills

Data analysis

Team management

Education

Bachelor’s degree in Accounting

Tools

PowerPoint

Job description

Fidelity & Guaranty Life Insurance Company seeks a Manager, Life Reinsurance Administration who will report to the Director of Life Reinsurance Accounting & Administration. You will manage a team of 3-4 subject matter experts and collaborate across Financial Reporting, Actuarial Reinsurance, Actuarial Valuation, Investments, Treasury and Retail segments to ensure timely settlements.

You’ll oversee administration of complex reinsurance transactions, drive process improvements, develop KPIs, and