Senior Manager, Reinsurance Business Analyst

Posted Yesterday
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Headquarters, AZ
7+ Years Experience
Fintech
The Role
The Senior Manager, Reinsurance Business Analyst oversees reinsurance administration for life insurance, disability income, and fixed annuities. Responsibilities include monthly premium billing, ensuring compliance with reinsurance treaties, serving as a liaison with external reinsurers, and managing both domestic and offshore staff.
Summary Generated by Built In

Ameriprise Financial has an exciting opportunity for a Senior Manager, Reinsurance Business Analyst to join our team! This leadership position is responsible for overseeing the reinsurance administration of the company's reinsured life insurance, disability income and fixed annuities blocks of business. This includes leading the monthly premium billing and reinsurance claim recovery processes within the TAI reinsurance admin system, ensuring monthly billings and claim recoveries are performed with accuracy and timeliness, proactively ensuring all questions from reinsurers are addressed. You will also provide direct and indirect leadership to a support staff, collaborating closely with a Senior Manager, Business Analyst peer who is responsible for system maintenance, reporting and control environment function.

Responsibilities include, but are not limited to:

  • Oversee monthly premium billing to reinsurers

  • Oversee reinsured claim recoveries are processed with high quality and timeliness

  • Ensure reinsurance program is in compliance with various reinsurance treaties

  • Serve as the primary liaison to all external reinsurers to ensure questions are addressed in a timely manner

  • Serve as the primary liaison to company underwriting, claims for all matters related to reinsurance

  • Work closely with the company reinsurance officer to problem solve more complex reinsurance issues

  • Manage domestic and offshore staff

Required Qualifications

  • Bachelor's degree or equivalent

  • 7+ years of relevant experience

  • Knowledge of life insurance and disability income products

  • Ability to perform root cause analysis for issues that arise

  • Strong critical thinking skills 

  • Self-motivated with the ability to work both independently and as part of a team

  • Strong interpersonal and communication skills that provide the ability to build effective relationships with internal and external constituents 

  • Strong leadership skills and managing domestic and offshore staff

  • Ability to analyze data with attention to detail and draw meaningful insights

  • Ability to interrelate and understand complex issues across multiple disciplines

  • Ability to manage and prioritize multiple responsibilities and projects concurrently

Preferred Qualifications

  • Life, disability and annuity reinsurance experience and/or knowledge

  • Experience in leading an administration billing process

  • Prior experience in managing offshore staff

  • TAI reinsurance administration system experience

  • Reinsurance regulatory reporting experience

About Our Company
We're a diversified financial services leader with more than $1 trillion in assets under management and administration as of 2022. Our team of 20,000 people in more than 20 countries, advise and manage assets and income of more than 2 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Business Support & Operations

Line of Business

FIN Finance

The Company
Minneapolis, MN
16,649 Employees
On-site Workplace
Year Founded: 1894

What We Do

Ameriprise Financial has helped millions of clients feel confident about their financial futures for more than 125 years. Our network of approximately 10,000 financial advisors* delivers personalized financial advice to help clients reach their goals.

We believe that with the right advisor, the right advice, and the right firm, life can be brilliant.

Ameriprise has corporate locations throughout the U.S. and across the globe, and advisor offices in all 50 states.

Learn how you can build your career at Ameriprise Financial.

*Ameriprise Financial Q2 2020 Statistical Supplement

All content on this page is provided for informational purposes only and should not be used as the sole basis for investment decisions. Ameriprise Financial cannot guarantee future financial results. Investment products are not federally or FDIC insured, are not deposits or obligations of, or guaranteed by, any financial institution, and involve investment risks including possible loss of the entire amount invested.

By clicking on a hyperlink, you may be directed to a non-Ameriprise website. Be aware that the linked site will be subject to rules, regulation, and privacy and security provisions that are separate, and may differ, from Ameriprise Financial.

Investment advisory products and services are made available through Ameriprise Financial Services, LLC., a registered investment adviser.

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