Junior Reinsurance Analyst

Within the Group Life Reinsurance function, we are looking for a talented and proactive resource to join the team, who will report to the Head of Life Reinsurance.

Key responsibilities of the role will include:

• In-ward reinsurance portfolio accounting, day to day administration, portfolio profitability analysis, and contractual documentation (wording and issuing)
• Analysis of the most efficient reinsurance solution (proportional and non-proportional programs) from the Business Unit perspective
• Identification of possible critical areas in the Terms & Conditions of Reinsurance agreements
• Elaborate appropriate contractual wording to address the T&C criticisms
• Identify possible critical areas in the products subject to reinsurance and possible initiatives to address any criticisms detected during the product analysis
• Guarantee the correct data transfer to the Accounting/Admin System (SICS)
• Support in data gathering and regular reporting from the Ceding Business Units
• Analysis of reinsurance treaties profitability
• Measure the economic and/or solvency impacts of available reinsurance initiatives
• Prepare supporting material for the Head of Life Reinsurance

Requirements

Our ideal candidate will meet the following requirements:

• Bachelor's or Master's Degree in Economics, Statistics and Actuarial Science or any related field
• Good understanding of balance-sheet main principles
• Good understanding of Solvency II model
• Good knowledge of Microsoft Office
• Good knowledge of Visual Basic programming
• Flexibility to travel

Nice to have:

• 1-3 years of experience in Life Reinsurance or Life Insurance sector

Soft skills:

• Analytical thinker with strong attention to details and excellent problem-solving capacity
• Ability to deliver high quality results in a high-pressure environment
• Ability to manage emergencies and changes of priorities at short notice
• Team working oriented
• Good communication and interpersonal skills