Manager, Life Reinsurance Administration

F G; United States; Hybrid; USD 120,000 - 160,000; Full time

Benefits offered by this job

Hybrid work environment

Remote work options

Job summary

Fidelity & Guaranty Life Insurance Company (F&G) is seeking a Manager, Reinsurance Special Projects to lead research and successful implementation of select reinsurance modernization and other operational activities. You will ensure accurate treaty set-up and manage changes within TAI and the reinsurance data repository, reporting to the AVP in Life Reinsurance Accounting & Administration.

The role requires coordination with operations, systems, finance, actuarial and risk management, and

Qualifications

• Bachelor’s degree in Business Administration, Accounting, or related field or equivalent experience.
• 7+ years in Life reinsurance operations and/or reinsurance accounting.
• 2+ years of leadership or people management experience.
• Financial systems knowledge and familiarity with databases and complex Excel spreadsheets.

Responsibilities

• Oversee reinsurance special projects, new treaty set-up and process improvement / automation reinsurance initiatives.
• Collaborate with internal and external business partners on development and testing of complex reinsurance changes.
• Manage research, development and implementation of reinsurance special projects.
• Serve as reinsurance special projects liaison for key internal and external business partners.
• Develop, implement and monitor KPIs to assess the department’s operational efficiency and effectiveness.
• Lead ongoing data quality assessments (data stewardship).
• Participate in corporate modernization and financial operation transformation projects as needed.
• Participate in the design of internal controls related to reinsurance special projects activities.

Skills

Leadership

Data stewardship

Advanced Excel

SQL/Databases

Education

Bachelor’s degree in business/related field

Tools

Databases

Excel

Job description

Job Summary

This position will actively lead the research and successful implementation of select reinsurance modernization and other operational activities. Position will also have responsibility for ensuring accurate and timely implementation of new treaty set-up and other complex changes within both TAI and the reinsurance data repository.

Job Summary

This position will actively lead the research and successful implementation of select reinsurance modernization and other operational activities. Position will also have responsibility for ensuring accurate and timely implementation of new treaty set-up and other complex changes within both TAI and the reinsurance data repository. The Manager Reinsurance Special Projects will report to the AVP, Life Reinsurance Accounting & Administration. The nature of this position will require working cooperatively with other operations, systems, finance, actuarial and risk management functions normally involved in the processes of reinsurance administration. This position will manage a team of individual contributors.

Duties And Responsibilities

• Oversee reinsurance special projects, new treaty set-up and process improvement / automation reinsurance initiatives
• Collaborate with internal and external business partners on development and testing of complex reinsurance changes
• Manage research, development and implementation of reinsurance special projects
• Serve as reinsurance special projects liaison for key internal and external business partners
• Develop, implement and monitor key performance indicators to continuously assess the department’s operational efficiency and effectiveness
• Lead ongoing data quality assessments (data stewardship)
• Actively participate in process enhancement discussions to recommend improvements tailored to provide reliable, repeatable, sustainable, scalable and streamlined operations
• Participate in corporate modernization and financial operation transformation projects as needed
• Participate in the design of internal controls related to reinsurance special projects activities
• Preparation of ad hoc reports for management and other business partners
• Provide regular coaching, employee development and exhibit a strong focus on team engagement
• Support leadership in development and maintenance of succession plans
• Participate in strategic departmental planning with responsibility for execution of the strategy through others
• Lead the assessment of potential reinsurance system upgrades

Experience And Education Requirements

Minimum

• Bachelor’s degree in Business Administration, Accounting, or related field or equivalent experience
• 7+ years in Life reinsurance operations and/or reinsurance accounting
• 2+ years of leadership or people management experience
• Financial systems knowledge and familiarity with databases and complex excel spreadsheets

Preferred

• Knowledge of TAI and/or other reinsurance applications
• Reinsurance designation

Knowledge, Skills And Abilities

• Deep knowledge of reinsurance administration for insurance companies
• Highly motivated and demonstrated ability to take initiative
• Ability to work both independently and collaboratively with others
• Ability to influence in absence of formal reporting relationships
• Excellent analytic skills and detail oriented
• Ability to effectively prioritize multiple tasks/projects to meet critical deadlines
• Ability to effectively manage a remote team of individual contributors
• Strong problem-solving / critical thinking skills
• Strong computer knowledge including working knowledge of financial based accounting packages, spreadsheets and word processing software
• Proficient in database and excel skills
• Strong verbal and writing skills
• High level of integrity and commitment to achieving goals
• Able to produce in a fast-paced environment while effectively addressing multiple responsibilities
• Champion process improvement and automation activities

Other Requirements

• Perform other functions, duties and projects, as assigned
• Regular and punctual attendance
• Some travel may be required (less than 15%)

#IND-HP

Additional Information

Work Environments

F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements. During the hiring process, you'll work with your leader to decide what works best for your role. F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G. If reasonable accommodation is needed to participate in the job application or interview process, please contact [e-mail]. Join our employee-centric hybrid work environment: F&G Careers

About F&G

Since 1959, Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life's unexpected events. As a national Top Workplace1, an Iowa Top Workplace2 and a proud equal opportunity employer, F&G team members are empowered, collaborative, dynamic and authentic. We believe that by embracing these values, we will continue to build and strengthen the company while continuing to be a great place to work. 1Top Workplaces USA 2022 – 2023 2Des Moines Register Top Workplaces 2018 – 2022 Notice for all Applicants who are California residents under the California Privacy Rights Act. Please click here to review the policy.