Business Analyst (18 months Contract)

Posted Yesterday
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Mumbai, Maharashtra, IND
In-Office
Mid level
Insurance
The Role
Administers reinsurance client data, validates data quality, reviews treaty settlements and reporting, monitors cash settlements, reconciles accounting summaries, resolves variances with Finance and Valuation, supports client relationships, and participates in special projects. The role requires accurate treaty administration for asset-intensive and longevity reinsurance transactions.
Summary Generated by Built In

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 200 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.

General Summary:

Under supervision, execute the administration process to load client data, run data quality rules, and reconcile the settlement/accounting summaries to ensure that APFS Asset Intensive and Japan Longevity is administered appropriately and accurately in line with treaty specification. Provides key administration support, for APFS reinsurance and direct transactions to RGA corporate Finance, ceding companies.

Key Responsibilities:

  • Review original ceding company accounting settlements for highly sophisticated, individually tailored reinsurance agreements for compliance with treaty terms. 

  • Ensure accurate and timely treaty reporting and settlement including all related agreements. Work with client to resolve differences. 

  • Review client reporting for enhanced data reporting to support calculation of seriatim benefits, administering settlements, and summarizing monthly transaction history for downstream stakeholders in Risk Management, Valuation, and Finance 

  • Monitor cash settlement process including timeliness of receipt per treaty terms, tracking of data, and settlement processing 

  • Maintain excellent on-going client relationships. Assist client with implementing and understanding treaty provisions as needed. 

  • Work with RGA Finance and Valuation to resolve any general ledger P&L and balance sheet variances 

  • Participate in special projects, committees as needed and perform other duties as assigned

Education and Experience:

  • Bachelor’s/Master’s Degree in any stream

  • 2-4 years of work experience in Life Insurance Industry.

#LI-JL1

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.

We’re excited to get to know you and connect your unique skills with our global opportunities. To create a modern and seamless experience, we use artificial intelligence (AI) in parts of our preliminary screening process. This technology helps us personalize job recommendations, automate interview scheduling, evaluate candidates based solely on experience—without considering name, gender, or other personal details—and provide real-time answers through our chatbot. AI is used only during early screening and never makes hiring decisions. Your RGA recruiter will work closely with you every step of the way to ensure the process feels personal, thoughtful, and focused on you.

Skills Required

  • Bachelor's or Master's degree in any field
  • 2-4 years of work experience in the life insurance industry
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The Company
HQ: Chesterfield, MO
3,164 Employees
Year Founded: 1973

What We Do

Reinsurance Group of America, Incorporated (RGA), a Fortune 500 company, is among the leading global providers of life reinsurance and financial solutions, with approximately $3.5 trillion of life reinsurance in force and assets of $92.2 billion as of December 31, 2021. Founded in 1973, RGA today is recognized for its deep technical expertise in risk and capital management, innovative solutions, and commitment to serving its clients. With headquarters in St. Louis, Missouri, and operations around the world, RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, health reinsurance, facultative underwriting, product development, and financial solutions. To learn more about RGA and its businesses, visit our website at www.rgare.com.

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