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Data Analyst Reinsurance

4 months ago

City of London, United Kingdom Vitality Full time

**Vitality, Data Analyst (Reinsurance), London, £Competitive + Benefits + Bonus**

**Hybrid role** - 2 days a week in the office, 3 days a week at home.

We’re the UK insurer and investment provider that rewards people for positive lifestyle choices. With 1.25m+ UK members and more than 25m globally, we’re out to make the world a healthier, happier place.

That applies as much to our people as it does to our members. So, as well as a highly competitive pay package, you’ll enjoy: Free places to Vitality sponsored run events, online fitness classes and wellbeing workshops, competitions to win tickets to top-flightsporting events, health checks, and access to our full range of partners and rewards.

**About the Data Analyst (Reinsurance) role**:
As our **Data Analyst (Reinsurance)** you will play a vital role in the VitalityLife reinsurance team by taking on the responsibility to provide VitalityLife’s reinsurers with accurate and timely monthly reinsurance accounts required to meetall treaty deadlines. This includes working on a big project to migrate the current system to new software.

Working with actuaries and actuarial analysts in the UK, systems analysts in South Africa and UK based reinsurers.

**Your responsibilities as our Data Analyst (Reinsurance) will include**:

- Responsible for the production of the monthly reinsurance accounts. This includes working with the reinsurance systems development team to ensure the reinsurance premium calculations in the system are correct, this requires writing the reinsurance premiumcalculation specifications for the systems developers. Responsible for ensuring the data in the monthly accounts is correct and consistent
- Perform checks on the monthly accounts using Excel/R. Identify areas where the systems are not built according to the specification and rectify them with the support of the system developers
- Assist in the testing and sign-off of policy & reinsurance system releases from a reinsurance perspective
- Assist in improving and automating the production of the monthly reinsurance accounts as much as possible
- Contribute to the design, build, testing and documentation of newly developed data processes and analysis in response to new product launches and reinsurance treaty changes, as well as the maintenance and enhancement of existing processes
- Work with the product development team on product changes from a reinsurance perspective
- Working on the project to migrate to a new reinsurance system. This will involve working with new software and an external team of experts to build this system. This role includes working on the actual migration (e.g. coding the reinsurance premium calculationsinto the system) as well as overseeing this project
- Build good relationships with reinsurers and interact with them on a regular basis
- Prepare relevant documentation for regular review meetings with reinsurers
- Communicate relevant project progress to management and project stakeholders

**What we’re looking for in our Data Analyst (Reinsurance)**:
**Essential**
- Bachelor’s degree in a technical field (e.g. actuarial, mathematics, economics, engineering, computer science)
- At least three years experience in a data analyst role.
- Advanced skills working in Microsoft Excel
- Experience of coding in R
- Experience of data analysis
- Ability to grasp concepts of a technical nature quickly
- Excellent relationship building - with both internal colleagues and external partners
- Excellent communication skills, both formal and informal

**Desirable**
- Experience of working with reinsurance accounts
- Experience of working in an actuarial team
- Experience of working with systems developers

**Closing date: 22nd February 2023**

If you feel you have the skills and experience to become our **Data Analyst (Reinsurance)**, then please click **‘apply’**today - we’d love to hear from you