PRT Lead Administration Analyst

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 500 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.

Overview:

This position is the technical support lead for complex Pension Risk Transfer new business transactions through various operating models.  The PRT Lead Administration Analyst will ensure seamless transitions from plan sponsors to RGA systems and from a new business model to a business-as-usual target operation model as well as establish and support monthly settlement reconciliations and train senior associates to process monthly reporting. 

Location:  The position may be a Hybrid work arrangement at RGA's Headquarters in St. Louis, MO or Fully Remote across the United States. Relocation assistance may be offered to the successful candidate willing to move to RGA HQ.

Key Responsibilities:

• Participate in new transactions as a representative within the new deal teams for policy reporting and data operations for the lifecycle of the transaction process.  This includes negotiating reporting terms with clients, proposing verbiage to be used within legal agreements such as a treaty agreement, and understanding data risks based on treaty terms.

• For multiple deals simultaneously, own the data and operations responsibilities for the entire PRT new business transaction life cycle. Responsible for analyzing client data for accuracy and completeness.  Preparing and validating deliverables such as Annuity Exhibits, Certificate mailing data files etc. 

• Analyze and consolidate client reporting at the product line to look for trends in data and summarize findings for downstream stakeholders in Risk Management, Valuation, and Finance

• Champion the vision of the administration and data operations team by establishing repeatable processes that can be applied consistently to support ,   administering settlements, and summarizing monthly transaction history for downstream stakeholders in Risk Management, Valuation, and Finance

• Facilitate communication with reinsurance and direct partners, auditors, consultants, and regulatory-agency personnel when necessary.

• Maintain excellent on-going client relationships by taking ownership over all aspects of communication regarding policy reporting and data operations.  This includes leading conversations to Assist client with implementing and understanding treaty provisions as needed.

• Create and provide ad-hoc analysis on PRT population data to support internal and external partners. 

• Coach, train and mentor junior team members.

Candidate Requisites

Education & Experience:

• Bachelor’s Degree or equivalent related work experience

• 8 or more years of Pension Risk Transfer new business administration/claims, data operations experience, accounting, or audit related experience

• 1 to 2 years of Data management/analysis knowledge

Skills & Abilities:

• Advanced Word, strong Excel, and basic SQL/Query skills

• Familiarity with insurance administrative systems, and basic understanding of how the data affects liabilities and financial results 

• Detailed oriented, passionate about completing the task correctly rather than quickly

• Advanced oral and written communication and organization skills demonstrating ability to share and impart knowledge

• Advanced ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines

• Must be flexible and adaptive to change

• Takes initiative and is accountable

• Ability to handle multiple tasks and projects simultaneously, balancing priorities and deliverables. 

• Complex investigative, analytical and problem solving skills

• Ability to share and impart knowledge

• Ability to balance detail with departmental goals/objectives

• Ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines.

• Ability to work well with all levels of management

• Ability to work independently

• Ability to work well within a team environment and participate in department projects.  

<