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Assistant Reinsurance Operations Analyst

3 months ago


Cayman Islands, United Kingdom Talcott Financial Group Full time
Talcott Financial Group* is an international life insurance group and the industry's trusted partner for comprehensive risk solutions. Talcott creatively designs and expertly delivers solutions that transfer risk and manage capital in a way that supports the strategic needs of insurers today and into the future. Talcott has a proven track record of well-executed transactions, and the enterprise benefits from its strong financial position with over $122 billion in pro-forma assets under management, its investment-grade financial strength ratings, and its partnership with Sixth Street, a leading global investment firm.

Talcott's two core business platforms include: U.S. based Talcott Resolution and Bermuda and Cayman based Talcott Re.

This role will be located in Talcott's Cayman Island location.

Our selected candidate for the Assistant Reinsurance Operations Analyst role will assist with the coordination of key deliverables related to our reinsurance transactions. This individual will collaborate across our investments, finance, actuary, risk, and information technology segments. The Analyst shall also support process improvement initiatives related to the reinsurance transaction process.

Responsibilities:
  • Assist with the operations for multiple significant reinsurance transactions
  • Establish and maintain relationships with internal and external stakeholders including reinsurance counterparties, internal functional areas, and others
  • Track reinsurance operational deliverables for each deal
  • Assist with identifying, investigating, and resolving reinsurance issues
  • Collaborate with the finance and actuarial teams to ensure controls and checks are in place to validate quality of monthly data
  • Support and assist in remediation of any reinsurance data issues that may arise
  • Review of the monthly settlement statement
  • Provide onboarding support for new reinsurance transactions
  • Assist in the preparation of various internal and external management reports and support the quarterly analysis of reinsurance operations
  • Identify process improvement opportunities and participate in the implementation of reporting processes
  • Assist with annual cedant audits
  • Participate in ad hoc projects as required.

Qualifications:
  • Knowledge of the reinsurance industry, lines of business, and operating environments advantageous
  • Life and annuity reinsurance experience advantageous
  • Bachelor's degree in accounting, finance, economics, actuarial, business administration or similar, from a recognized college or university
  • Hands-on experience having worked with groups to analyze, define and develop business requirements, as well as workflow processes, is advantageous
  • Very strong interpersonal/verbal and written communication skills
  • Ability to solve problems and establish and maintain relationships
  • Strong written and verbal communication skills
  • Create and maintain effective working relationships with cedants and internal teams
  • Ability to build effective business relationships in a matrixed environment
  • Strong Microsoft Excel, Outlook, Word, and PowerPoint skills
  • Ability to work independently and meet tight deadlines
  • Willingness and ability to work overtime when required
  • Strong organization skills
  • Keen attention to detail


*Talcott Re is an equal employment and affirmative action employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry or citizenship status, genetic information, pregnancy status or any other characteristic protected by law. Talcott Re maintains a drug-free workplace and is committed to building inclusion and leveraging diversity. The personal data provided herein shall be
processed in accordance with the provisions of the Data Protection Act (As Revised) and in accordance with the Privacy Policy adopted by Talcott.

Other details
  • Pay Type Salary
  • Required Education Bachelor's Degree


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