FS Associate Administration Analyst, EMEA in London

FS Associate Administration Analyst, EMEA in London

London Full-Time 30000 - 40000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Ensure accurate data and financial reporting for reinsurance products while collaborating with clients and stakeholders.
  • Company: Join RGA, a Fortune 200 company focused on innovative life and health solutions.
  • Benefits: Gain valuable experience, work in a supportive environment, and enjoy endless career potential.
  • Other info: Embrace a culture of continuous improvement and automation in a dynamic, multinational setting.
  • Why this job: Make a real impact in financial protection and work with a diverse, motivated team.
  • Qualifications: Intermediate Excel skills, analytical thinking, and experience with large data sets required.

The predicted salary is between 30000 - 40000 £ per year.

You desire impactful work. 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

As FS Administration Analyst, you will be responsible for helping to ensure the accuracy and timeliness of data and financial settlement reporting to downstream RGA stakeholders. To achieve this objective, you will liaise with RGA clients and RGA stakeholders ensuring that the administrative requirements of treaties are adhered to for our Longevity swap and Mass lapse reinsurance products.

Team overview

The team plays a central role in the oversight and administration of complex reinsurance arrangements, including longevity swaps and mass lapse products. Responsibilities span end-to-end claims reconciliation, validating the accuracy and completeness of client reporting (covering policy data, claims, and financials), and ensuring robust financial control. The team is also instrumental in the implementation of new deals, establishing efficient processing frameworks to support ongoing administration. This includes managing claims payments and acting as a key point of contact for clients. Working collaboratively across functions, the team distributes client data to relevant stakeholders, assesses the readiness and mappability of schemes transitioning from modelled to live claims, and actively participates in client calls and audit activity, ensuring high standards of service, accuracy, and governance throughout.

Scope

Your responsibilities will cover EMEA jurisdictions. Additionally, your expertise may be leveraged in other RGA entities or affiliates outside EMEA, as resources permit.

What you will do

  • Work collaboratively with other team members and other RGA functions i.e. Finance Valuation, Risk, Treasury to ensure accurate and timely administration of treaties in line with SOX requirements, establishing strong relationships with individuals and teams in these functions.
  • Contribute to a culture of continuous process improvement; identifying opportunities for automation and removal of procedures/processes that are not adding value.
  • Ensure that the company’s administration standards and time service requirements are applied to the handling of all business received.
  • Ensure that the administration of all UK business adheres to RGA treaties.
  • For your specific client responsibility, provide administration data for input to accounting records, valuation systems and regulatory returns.
  • Ensure reporting month end deadlines are met. This includes working with team members to ensure data can be processed in a timely and accurate manner to achieve this goal.
  • Ensure administration data is provided to retrocession clients in a timely and accurate manner.
  • Attend Client Audits/Assurance Reviews as and when required.
  • Ensure administration processes and procedures are fully documented.
  • Maintain a professional and working relationship with clients.
  • Provide support on internal Administration audits.

Qualifications and Experience

  • Intermediate Excel proficiency: Data retrieval functions e.g. VLOOKUP, IF statements, SUMIF, COUNTIF, Text Functions e.g. LEFT, RIGHT, MID, TRIM. Date and Time functions e.g. TODAY, WEEKDAY. Data Management and Analysis functions e.g. pivot tables, sorting and filtering, conditional formatting, removing duplicates.
  • Analytical thinking and problem solving: Detail-oriented with a focus on accuracy.
  • Experience working with large data sets.
  • Knowledge of pensions including individual annuities and defined benefit schemes, GMP, Revaluation etc.
  • Previous pensions administration experience.
  • Basic VBA/Macros Knowledge.
  • CII Qualifications (LF1) or equivalent work experience.

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.

FS Associate Administration Analyst, EMEA in London employer: RGA

RGA is an exceptional employer that prioritises impactful work and a remarkable employee experience. With a strong focus on innovation and collaboration, our multinational team thrives in a respectful and welcoming environment that fosters individuality and encourages career growth. Join us in our mission to make financial protection accessible to all while enjoying the benefits of working with diverse, caring colleagues and leveraging cutting-edge technology in a dynamic setting.

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Contact Details:

RGA Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land FS Associate Administration Analyst, EMEA in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like RGA. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace FS Associate Administration Analyst, EMEA in London

Data Management
Excel Proficiency
Analytical Thinking
Problem Solving
Attention to Detail
Pensions Knowledge
VBA/Macros Knowledge

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to RGA.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on RGA's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at RGA

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with RGA.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at RGA will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former RGA employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.