At a Glance
- Tasks: Support administration of premium accounts and collaborate with teams across operations.
- Company: Join a Fortune 200 company focused on life and health solutions.
- Benefits: Gain valuable experience, work in a respectful environment, and enjoy endless career potential.
- Other info: Embrace a dynamic workplace that values individuality and innovation.
- Why this job: Make an impact in reinsurance while developing your skills in a supportive team.
- Qualifications: Experience in admin or finance, strong Excel skills, and excellent communication.
The predicted salary is between 31500 - 38500 £ per year.
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 200 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
Your role is to support the administration of UK and Continental Europe (CE) Treaty and Facultative premium accounts, ensuring accurate and timely processing while developing reinsurance and administration knowledge under the guidance of senior team members. Your responsibilities will primarily support UK and CE administration activities. You will work closely with team members across Administration Operations, Finance and Valuation teams while building knowledge of RGA's processes and systems.
What you will do
- Support the administration of business in line with treaty requirements, company standards and service level expectations.
- Prepare and process administration data in accordance with established procedures, agreed timescales and review processes, including processing through RGA entities, external retrocessionaires, and the International Retro Pool, with any issues escalated as required.
- Process premium transactions accurately and within agreed timelines with support from experienced team members.
- Maintain comprehensive documentation of all administration processes and procedures.
- Assist with audit requests and information gathering activities.
- Collaborate with team members across UK, CE & ME Administration Operations, EMEA Finance, and Valuations to support month-end deadlines. This includes assisting with policy exhibit calculations.
- Assist with ad hoc data requests from internal stakeholders and clients as needed.
- Learn and develop an understanding of reinsurance, treaty structures and key administration processes and controls.
Qualifications
- Some experience in an administrative, operations, finance or data-processing environment, or a relevant degree/qualification.
- Good working knowledge of Microsoft Office applications, particularly Excel.
- Excellent interpersonal skills with the ability to collaborate across departments and levels.
- Strong organizational skills with the ability to prioritize tasks and meet deadlines.
- Ability to manage multiple tasks simultaneously and deliver results within agreed timelines.
- A proactive team player who can also work independently.
- An interest in developing knowledge of reinsurance concepts and administration processes.
- Excellent oral and written communication skills, including the ability to present information clearly.
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.
We’re excited to get to know you and connect your unique skills with our global opportunities.
To create a modern and seamless experience, we use artificial intelligence (AI) in parts of our preliminary screening process. This technology helps us personalize job recommendations, automate interview scheduling, evaluate candidates based solely on experience—without considering name, gender, or other personal details—and provide real-time answers through our chatbot. AI is used only during early screening and never makes hiring decisions. Your RGA recruiter will work closely with you every step of the way to ensure the process feels personal, thoughtful, and focused on you.
Associate Reinsurance Analyst (Ira) - UK, CE & ME employer: Reinsurance Group of America
Reinsurance Group of America is an exceptional employer, offering a collaborative and innovative work culture that empowers employees to tackle meaningful challenges in the life and health reinsurance sector. Located in London, our multinational team thrives in a respectful environment that values individuality and fosters professional growth, providing ample opportunities for career advancement and skill development. Join us to be part of a purpose-driven organization where your contributions can make a real impact on financial protection accessibility worldwide.
Contact Details:
Reinsurance Group of America Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Associate Reinsurance Analyst (Ira) - UK, CE & ME
✨Dive Into Industry Networking Events
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We think you need these skills to ace Associate Reinsurance Analyst (Ira) - UK, CE & ME
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Reinsurance Group of America.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Reinsurance Group of America. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Reinsurance Group of America
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Reinsurance Group of America to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Reinsurance Group of America, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Reinsurance Group of America's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.