PRT Reinsurance Accounting & Administration Analyst

Job Summary

The PRT Reinsurance Accounting & Administration Analyst will actively participate in a variety of Pension Risk Transfer (PRT) Reinsurance Accounting & Administration activities (financial, operational, information technology, data quality, internal control activities, etc.), as well as, contribute to a variety of reinsurance modernization projects.  This position will actively participate in the design, development, implementation and maintenance of new PRT Reinsurance processes, systems, data and personnel.

This position reports to the Manager, PRT Reinsurance Accounting & Administration.  The nature of this position is a hands-on / task orientated position and requires working cooperatively with other operations, systems, finance, IT, actuarial and risk management functions normally involved in the processes of reinsurance accounting and administration.

Duties and Responsibilities

PRT Reinsurance Accounting Activities:

• Participate in and / or lead PRT Reinsurance Accounting financial, administration, operations, information technology, data quality, and internal control activities.
• Assist in the development of new processes, people, systems, and data initiatives.
• Perform a variety of operational accounting activities including, but not limited to, journal entry preparation and general ledger account reconciliations.
• Assist in developing, implementing and monitoring PRT treaty economics.
• Assist in developing, implementing and monitoring key PRT performance indicators.
• Perform continuous process enhancement reviews in order to identify, implementation and maintenance reliable, repeatable, sustainable, scalable and streamlined operations.
• Participate in ongoing data quality assessments (data stewardship).
• Prepare documents for internal, external, and reinsurer auditors.
• Align department processes with customer needs; become a strategic finance business partner.
• Maintain and / or enhance internal controls and sustain standard operating procedures
• Other projects as assigned

PRT Reinsurance Modernization, Financial Operations Transformation and New Treaty Set-up:

• Participate in modernization and financial operation transformation projects.
• Assist in developing and implementing new treaty accounting and administration processes.
• Perform user acceptance testing for key reinsurance modernization efforts.
• Participate in modernization activities between a variety of F&G teams (IT, EPMO, etc.).
• Develop and maintain key stroke level desk top procedures.
• Participate in the assessment of potential reinsurance system upgrades.
• Prepare ad hoc reports for Senior Management regarding reinsurance modernization activities.
• Perform special projects as assigned

Experience and Education Requirements

• • Bachelor’s degree in Business Administration, Accounting, or related field or equivalent experience.
  • 1 - 3 years in reinsurance accounting, administration, and information technology.
  • Financial systems knowledge and familiarity with databases and complex excel spreadsheets.
  • Reinsurance, insurance or financial services experienced preferred.

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