The Life Reinsurance Product Systems Analyst will work with manager and team members to perform system setup duties and technical coordination duties as outlined below. This role works closely with other departments to gather pertinent information needed for the completion of tasks. Assists in the day-to-day responsibilities related to the successful completion of policy extensions.
System Treaty Administration:
- Analyze quote and accurately interpret legal treaty requirements to create and/or revise system treaties including the mapping of insurance plans and the setup of products in the administration system to ensure accurate processing.
- Participate in testing the accuracy of the system treaties.
- Document and explain product features within the administration system so that it is easily understood by users of the administration system across the company.
- Promptly address internal client’s questions/issues related to system treaty requirements, adhering to any established time service requirements.
- Assist in researching and problem-solving administration processing issues related to system treaty setup.
- Complete system treaty assignment logs, ensuring timely and accurate entries for internal audit.
Electronic File Processing:
- Assist in developing IT requirements for new and existing file automation. Test and validate the automation to ensure accurate implementation.
- Communicates data requirements with internal clients.
- Review technical procedure documentation for creating and maintaining automated processing.
- Verify integrity of external client data comparing it to reinsurance source documents.
Administration Department Support:
- Support the Organization & Account definitions in the administration system to ensure accuracy and consistency with the Legal Treaty department.
- Assist with other Administration Division duties as needed or assigned.
Knowledge, Skills and Abilities:
- Analytical, with strong technical skills and ability to apply logic and reasoning.
- Capable of managing diverse requests from various sources while maintaining quality results.
- Strong organizational and follow up skills.
- At ease managing large Microsoft Excel files, scripting, validation and automation.
- Comfortable with interacting & communicating with all levels of internal business partners.
- Strong organizational and follow up skills.
Qualifications:
- Associates degree or equivalent work experience
- LOMA certification AMLI and ARA preferred.
- 2-3 years of relevant office experience
Company Description
Our employees give Optimum its distinctive edge through the value of their contribution and the quality of the relationships they develop and build with clients. Since 1987, their competence, vision and loyalty help drive our company's performance and stability.
Optimum Re Insurance Company provides an excellent benefits package to its employees here are a few items:
⦁ Medical, Dental & Vision insurance
⦁ Vacation, Personal, Sick time off
⦁ 11 paid Holidays
⦁ 401K Plan with 100% employer contribution
⦁ Short term & Long term disability
⦁ FSA Accounts
⦁ EAP resources
⦁ Continuing Education
⦁ Transportation Benefit
⦁ Legal Resources
⦁ Travel Insurance
⦁ Social & Philanthropy Events
⦁ Life & Accidental Insurance
⦁ Employee Discounts
⦁ Tuition Reimbursement
⦁ Gym Reimbursement
⦁ Volunteer Paid Hours