Sr. Reinsurance Analyst

Together we fight for everyone’s opportunity for a better financial future.

We will do this together — with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone’s access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future.  We know that reaching this future depends on our actions today.

Like our Purpose Statement, Voya believes in being bold and committed to action.  We are committed to a work environment where the differences that we are born with — and those we acquire throughout our lives — are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision.

Are you ready to join a company with a strong purpose and a winning culture? Start your Voyage – Apply Now

Get to Know the Opportunity:

Voya is seeking a Sr. Analyst to join the Reinsurance Administration Finance team.  The position is responsible for administering reinsurance treaties and reinsurance reporting for Voya's Workplace Solutions business.

Work location for this role is FLEXIBLE! This position allows 100% remote work from home or allows work to be performed in any of our major office locations with a hybrid schedule. 

The Contributions You'll Make:

• Administer reinsurance agreements for Voya Health Solutions business including preparing and compiling reinsurance settlements and reports.

• Contribute to financial close cycles, including recording journal entries, issuing wires, reviewing, and analyzing operating statements, and providing flux analysis.

• Participate on onboarding new reinsurance treaties including, but not limited to reviewing draft agreement, create mockup settlement file and financials for the agreement, work with internal business teams to operationalize the agreement, setup new agreement in the system, etc.

• Work on various responsibilities associated with reinsurance and reporting and interact with various business partners.

• Interact, communicate, and maintain liaison with reinsurers and third-party administrators to ensure the quality, accuracy and completeness reports received.

• Deliver succinct and clear summarizations of analysis tailored to the needs of different customers.

• Participate in internal and external audit testing.

• Ensure reinsurance processes and reporting activities are in compliance with SOX and audit standards, including sufficient controls and efficient reinsurance processes established/maintained.

• Share technical expertise with others. Recommend process improvements.

• Support other team members, including reviewing offshore work.

• Able to manage multiple, often competing priorities under tight deadlines.

• Able to work with large and complex excel files and scale the data into meaningful analysis

• Other duties as assigned

Minimum Knowledge & Experience:

• BA degree in Finance/Accounting

• Minimum 4 years of experience in reinsurance analysis and accounting

• Good understanding of accounting principles and financial reporting

• Experience working with admin systems and ledger data

Preferred Knowledge & Experience:

• GAAP and Statutory reporting knowledge is highly preferred

• Strong analytical, attention to detail, self-motivated, self-starter; able to work independently with minimal supervision.

• Able to balance quantitative and qualitative analysis

• Excellent oral and written communications

• Familiarity with Oracle or other complex ERP financial systems

• Proficient Excel user

#LI-SS1 #LI-Remote

Compensation Pay Disclosure:

Voya is committed to pay that’s fair and equitable, which means comparable pay for comparable roles and responsibilities.

The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sa