Business Analyst

You desire impactful work.

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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.

A Brief Overview

The Business Analyst is primarily responsible for supporting various life and health reinsurance clients across all reinsurance administration processes (Administration, Operations, Technical Accounting, Claims, Billing, and Reporting). The individual will support any client initiatives and projects related to reinsurance administration and the TAI system. The individual will be responsible for developing and maintaining client relationships, some project and account management, and working with internal technical staff to implement life reinsurance solutions and services to TAI clients. The individual will also play an important role in the implementation of client projects, ranging from software implementations, upgrade projects, and custom modifications to align the TAI Life and Health Reinsurance system with the ceded reinsurance business processes for domestic and international clients. Under minimal to no guidance (working individually or as part of a project team), the individual will perform moderate to complex research and analysis to support business operations and develop recommendations to address problems/issues for their key client projects. The individual will also be asked to review client systems or processes to identify deficiencies and propose improvements. The individual will work very closely with team members to ensure high quality delivery of services to all TAI clients. As a member of the Business Analyst team, this position will ensure TAI has a firm grasp of a client's business requirements and delivery of services in a timely and controlled manner. While this role will be primarily focused on external client engagements, this role also supports internal projects to achieve better operational efficiency where possible without sacrificing quality.

What you will do

Execute assigned business projects on behalf of clients and according to client's requirements, while following prescribed processes to complete tasks within a defined timeframe.

Collect information about the client's business through a variety of methods - documentation, meetings, and participating in discovery.

Review and analyze moderate to complex reinsurance arrangements, large data sets and processes to identify patterns and root causes to ensure data quality and compliance.

Gather business requirements, develop test plans, execute testing, and document results.

Formulate recommendations and solutions with attention to a client's needs, capabilities and limitations. Present findings and suggestions to clients with ample justification and practical advice.

Provide guidance and mentorship to the client and new team members for any occurring problems and issues.

Serve as primary BA responsible for client software upgrades, new blocks of business, custom projects and training of their TAI administrative platform.

Conduct moderate to complex tasks and activities within TAI and/or externally to obtain information such as life reinsurance policy data, cession data, managing the implementation of insurance products and/or business process workflows into the TAI Life Reinsurance system. May work with other departments and conduct primary or secondary research to gather client data if information is not readily available.

Work with the client and within TAI to coordinate interdepartmental activities to ensure that expectations are met. Proactively anticipating and resolving problems to ensure that customers receive prompt, efficient service. This can involve communicating with people from any discipline internally and externally.

Collaborate with colleagues and management to ensure delivery of best-in-class services to TAI's clients regarding timeliness, quality, accuracy, and value.

Qualifications

Bachelor's Degree in Arts/Sciences (BA/BS) or equivalent experience required

3+ Years experience in a Business Analyst or Reinsurance Analyst role. required

Understanding of reinsurance data, processes, and controls required

Experience communicating directly and frequently with clients and stakeholders in a customer service setting. required

Experience in contributing to projects including defining business requirements, forming, and executing test plans, and implementing solutions. required

Understanding of reinsurance administration to include reserves, valuation, policy lifecycle, auditing, data compliance, and project management concepts preferred

Demonstrated knowledge of processes and issues impacting direct writers, reinsurers, and retrocessionaires. required

Demonstrated knowledge of all procedures within the immediate team and a working understanding of other functional areas. An understanding of how decisions impact other areas of an organizations required

Proven understanding of reinsurance administration and products necessary for the management of reinsurance premiums, claims, other administrative functions, and preparation of trending reports and analysis required

With minimal to no direction, utilizes data, mathematical formulas and information to resolve items, many of which may have not previously been encountered. required

Effective gap-analysis and report writing skills. required

Analytical and problem-solving skills: able to clearly link results to operational performance drivers; able to generate alternatives and drive positive change. required

Ability to independently manage competing deadlines and multiple client priorities while ensuring quality work is delivered in accordance with established service level agreements and timelines required

An understanding of how decisions impact other areas of an organizations required

Ability to pick things up quickly while listening to client needs. required

Ability and drive to deliver on time, while working in a semi-autonomous environment. Able to handle the unexpected and adapt to a variety of situations. required

Exceptional written and verbal communication skills, with an ability to build relationships, present and discuss technical information in a way that establishes rapport, persuades others, and provides understanding of project related information to a diverse audience (engineers to executives) - both internally and externally in a professional manner. required

Proficiency in Microsoft Excel, Access, Word, and PowerPoint required

Foundation level certification in ITIL v3 Preferred

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.

Compensation Range: $76,100.00 - $108,050.00 Annual

Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.

RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.