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Reinsurance Analyst
1 week ago
time left to apply End Date: April 19, 2025 (27 days left to apply)
job requisition id JR-56132
BELIEVE IN BETTER Do you believe in finding a career where you can truly make a difference and shape a better future?
At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone.
It's finding new ways to not only better people's lives, but to better the communities and environments we live.
Encompassing our ambition of helping a billion people live Healthier, Longer, Better Lives by 2030.
And to get there, we need ambitious people who believe in playing an important part in shaping that future.
People seeking unmatched career and personal growth opportunities, driven to work with, and learn from some of the most inspiring and supportive leaders in the business.
Sound like you?
Then read on.
The opportunity: The purpose of the Reinsurance Analyst is to support preparation of reinsurance premium and recovery details, data bordereaux, reinsurance treaty administration, data extraction / investigations, and developing insights for other finance colleagues and the wider AIA NZ business.
Key responsibilities include: Provide reinsurance administration support including, but not limited to:Claim recoveries from and premium payments to reinsurersMonthly accruals for claim recoveries and premium paymentsReinsurance treaty administrationIn addition, you will be required to:
Extract, reconcile, manipulate and analyse data to produce recovery requests/invoices and associated journalsAdminister treaties to make sure they are up to date, perform renewals, execute amendments and keeping required treaty governance documents in orderKeep the manager(-s) and other key stakeholders up to date regarding work progressApply and develop software skills including AIA NZ systems, SQL, Python, MS Office package (Excel, Access)Maintain existing tools, models, systems, processes and documentation and proactively contribute to their improvement and developmentLearn, understand and adhere to AIA NZ's risk management framework and the relevant policies Identify and raise awareness of risk management issuesAssist in investigation of incidentsAssist in testing of controls and conducting model validationsPerform other responsibilities and duties periodically assigned by supervisor in order to meet reasonable operational and/or other requirementsEngage with teams across AIA (e.g.
Product, Customer, Risk) and external reinsurance partnersIdeally, you'll bring: Financial services industry experience (ideally life or health insurance, but other financial services experience will be also considered)At least three years experience in financial analyst or actuarial analyst rolesQualifications Tertiary qualification with quantitative background (e.g.
mathematics, statistics or engineering) desiredWhy choose AIA? At AIA, we believe in empowering every one of our people to find their 'better'.
We do this by offering:
Opportunities to grow within the business through internal mobilityCompetitive employee benefits that include insurances, an Employee Share Purchase Scheme and an extra day of leave each quarter to rechargeMembership to AIA Vitality, our science-backed health and wellbeing programme that provides the guidance, tools, and rewards to get more out of life and start thriving.
AIA Vitality partners include Airpoints, Woolworths, MoleMap, endota, Les Mills, Samsung, Garmin and many moreA supportive and inclusive workplaceFlexible working arrangementsIf you believe in better, apply now
Diversity, equity, and inclusion are at the heart of who we are and what we do.
Our commitment to these values is unwavering and they are central to our mission.
AIA NZ values diversity in the workforce.
We encourage candidates from diverse backgrounds, including those with a disability, additional mental health needs, chronic health conditions and/or are neurodiverse to apply for our roles.
If you encounter accessibility barriers to the standard recruitment process, please email ******.
We are a 2025 Circle Back Initiative Employer – we commit to respond to every applicant.
Recruitment Agencies: Our Talent team does not require any recruitment agency support.
Interested Candidates: Apply using the 'Apply' button.
No emailed applications accepted.
For general enquiries only, contact:
You must provide all requested information, including Personal Data, to be considered for this career opportunity.
Failure to provide such information may influence the processing and outcome of your application.
You are responsible for ensuring that the information you submit is accurate and up-to-date.
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