Reinsurance Analyst - Analytics & Process Improvement

Allianz Life; Minneapolis (MN); On-site; USD 69,000 - 104,000; Full time

Benefits offered by this job

Comprehensive benefits package

401(k) company match

Onsite health center

Paid leave

Job summary

Allianz Life is seeking a Reinsurance Administrator to support timely deliverables for the reinsurance team, collaborating with Product Development, Profitability Management, Finance, and External Reinsurers. The role reports to the Manager of Reinsurance Administration and involves processing reinsurance transactions, bill collection, and system oversight.

The position requires 0-3 years of relevant experience, a four-year degree in a related field, and proficiency with Excel, Access, and SQL.

Qualifications

• 0-3 years relevant experience, working directly for a life/annuity (re)insurance company, or consulting firm.
• Four year degree in Accounting, Finance, Actuarial Science or related field, or equivalent experience.
• Proficiency in MS Excel, Access, SQL

Responsibilities

• Identify and cede reinsurance transactions via reinsurance admin systems & manual processes
• Bill and collect from Reinsurers for routine to complex agreements
• Provide oversight and support of reinsurance administration systems for monthly processing
• Perform analysis of reinsurance activity for accounting and reporting
• Support reinsurance audits
• Drive process improvements within immediate team and Reinsurance department
• Participate in company-wide projects and initiatives as needed
• Determine requirements, communicate with development team, execute user acceptance testing for reinsurance administration systems
• Utilization of artificial intelligence tools and resources (e.g. generative AI)

Education

Bachelor's degree in Accounting/Finance/Actuarial Science

Tools

Excel

Access

SQL

Job description

Allianz Life is seeking a Reinsurance Administrator to support timely deliverables for the reinsurance team, collaborating with Product Development, Profitability Management, Finance, and External Reinsurers. The role reports to the Manager of Reinsurance Administration and involves processing reinsurance transactions, bill collection, and system oversight.

The position requires 0-3 years of relevant experience, a four-year degree in a related field, and proficiency with Excel, Access, and SQL.