Senior Reinsurance Analyst

4 days ago

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Voya Financial

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Retirement • Investments • Insurance

5001 - 10000

Description

• Administer reinsurance agreements for Voya Health Solutions business including preparing and compiling reinsurance settlements and reports. • Contribute to financial close cycles, including recording journal entries, issuing wires, reviewing, and analyzing operating statements, and providing flux analysis. • Participate on onboarding new reinsurance treaties including, but not limited to reviewing draft agreement, create mockup settlement file and financials for the agreement, work with internal business teams to operationalize the agreement, setup new agreement in the system, etc. • Work on various responsibilities associated with reinsurance and reporting and interact with various business partners. • Interact, communicate, and maintain liaison with reinsurers and third-party administrators to ensure the quality, accuracy and completeness reports received. • Deliver succinct and clear summarizations of analysis tailored to the needs of different customers. • Participate in internal and external audit testing. • Ensure reinsurance processes and reporting activities are in compliance with SOX and audit standards, including sufficient controls and efficient reinsurance processes established/maintained. • Share technical expertise with others. • Recommend process improvements. • Support other team members, including reviewing offshore work. • Able to manage multiple, often competing priorities under tight deadlines. • Able to work with large and complex excel files and scale the data into meaningful analysis

Requirements

• BA degree in Finance/Accounting • Minimum 4 years of experience in reinsurance analysis and accounting • Good understanding of accounting principles and financial reporting • Experience working with admin systems and ledger data • GAAP and Statutory reporting knowledge is highly preferred • Strong analytical, attention to detail, self-motivated, self-starter; able to work independently with minimal supervision. • Able to balance quantitative and qualitative analysis • Excellent oral and written communications • Familiarity with Oracle or other complex ERP financial systems • Proficient Excel user

Benefits

• Health, dental, vision and life insurance plans • 401(k) Savings plan – with generous company matching contributions (up to 6%) • Voya Retirement Plan – employer paid cash balance retirement plan (4%) • Tuition reimbursement up to $5,250/year • Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day. • Paid volunteer time — 40 hours per calendar year