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Risk Management Associate

1 week ago


Auckland, Auckland, New Zealand AIA Hong Kong and Macau Full time
Job Description

The Reinsurance Analyst plays a crucial role in supporting the preparation of reinsurance premium and recovery details, data bordereaux, reinsurance treaty administration, data extraction/investigations, and developing insights for finance colleagues and the wider AIA NZ business.

Key Responsibilities:
  • Provide reinsurance administration support including, but not limited to: claim recoveries from and premium payments to reinsurers, monthly accruals for claim recoveries and premium payments, and reinsurance treaty administration.
  • Extract, reconcile, manipulate and analyse data to produce recovery requests/invoices and associated journals.
  • Administer treaties to ensure they are up to date, perform renewals, execute amendments and keep required treaty governance documents in order.
  • Maintain existing tools, models, systems, processes and documentation and proactively contribute to their improvement and development.
  • Learn, understand and adhere to AIA NZ's risk management framework and the relevant policies, identify and raise awareness of risk management issues.
  • Assist in investigation of incidents, assist in testing of controls and conducting model validations.