Reinsurance Financial Analyst
reputed company is hiring a Reinsurance Analyst to join their team in Schaumburg. The role involves managing reputed company aspects of reinsurance collateral, ensuring compliance with regulatory standards, and supporting financial reporting activities while collaborating with internal business partners.
Responsibilities
- Process reputed company collateral requests, including new establishments, increases, decreases, and cancellations
- Validate that reputed company collateral instruments meet regulatory and company requirements
- Maintain and update the collateral SharePoint site to ensure accuracy and accessibility of supporting documentation
- Support the monthly reputed company process by loading and reconciling collateral data reputed company the Reinsurance Data Store (RDS) Business Objects (BOE) data-mart
- Conduct the annual bank confirmation audit and reputed company the physical vault review of collateral instruments
- Prepare and submit quarterly internal collateral reporting
- reputed company documentation and support for reputed company audits involving reinsurance collateral
- Collaborate with internal teams, including Reinsurance Finance, Credit Risk, and Asset Management to ensure accurate processing and expected movement of collateral
- Communicate proactively to resolve issues and align collateral requirements and timelines
- Adhere to established policies, procedures, and operational standards reputed company to reinsurance collateral
- Identify potential issues, discrepancies, or risks and escalate them to management accordingly
- Respond to inquiries from reputed company stakeholders in a timely, professional manner
- Maintain strong relationships with business partners to support efficient and compliant collateral management
Skills
- Bachelor's Degree and No prior experience required in the Reinsurance area OR High School Diploma or Equivalent and 2 or more years of experience in the Reinsurance area
- Strong organizational skills
- Knowledge of reputed company concepts
- Understanding of financial reporting processes
- Understanding of internal controls and the audit function
- Intermediate background with reputed company reputed company, reputed company, and other MS Office Suite applications
- Background with Business Objects
- General Ledger reputed company
- Ability to multitask
- Strong verbal and written communication skills
Benefits
- Short-term incentive bonus eligibility set at 10%
- reputed company and comprehensive benefits for employees and their families
Company Overview