Allianz Life Insurance

Reinsurance Analyst | Hybrid

Allianz Life Insurance$69K — $103K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 0-3 years of relevant experience in life/annuity (re)insurance or consulting
  • Bachelor's degree in Accounting, Finance, Actuarial Science, or related field
  • Proficiency in MS Excel, Access, and SQL

Responsibilities

  • Support timely deliverables of the reinsurance team
  • Collaborate with internal departments and external reinsurers
  • Identify and process reinsurance transactions
  • Manage billing and collection for reinsurance agreements
  • Perform analysis for accounting and reporting
  • Drive process improvements within the team
  • Execute user acceptance testing for administration systems

Benefits

  • Comprehensive medical, dental, and vision plan options
  • Tuition reimbursement and student loan retirement program
  • Generous annual paid leave
  • Outstanding 401(k) company match
  • Onsite health center and child development center
  • Access to fitness facility and discounted amenities
  • Active Employee Resource Groups promoting inclusivity
Full Job Description
What you do:

You will support timely and accurate deliverables of the reinsurance team / division. As part of this role you will collaborate with Product Development, Profitability Management, Finance and External Reinsurers to implement new reinsurance agreements and administer existing agreements. You will report to the Manager of Reinsurance Administration.

  • Reinsurance Administration
    • Identify and cede reinsurance transactions via reinsurance admin systems & manual processes
    • Bill and collect from Reinsurers for routine to complex agreements
    • Provide oversight and support of reinsurance administration systems for monthly processing
  • Reporting & Analysis
    • Perform analysis of reinsurance activity for accounting and reporting
    • Support reinsurance audits
  • Projects & Initiatives
    • Drive process improvements within immediate team and Reinsurance department
    • Participate in company-wide projects and initiatives as needed
    • Determine requirements, communicate with development team, execute user acceptance testing for reinsurance administration systems
    • Utilization of artificial intelligence tools and resources (e.g. generative AI)


What you bring:
  • 0-3 years relevant experience, working directly for a life/annuity (re)insurance company, or consulting firm
  • Four year degree in Accounting, Finance, Actuarial Science or related field, or equivalent experience
  • Proficiency in MS Excel, Access, SQL


Job posting range $69,000 - $103,500

Note the job posting range is exclusive of company benefits or other compensation. This role is also eligible for an annual incentive program. If you are hired, your final base salary will be determined based on factors such as geographic location, experience, skills, competencies, and/or education. In addition to those factors, we will also consider internal equity of our current employees. Please keep in mind that the range provided is the full base salary range for the role. Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth.

What we offer:

At Allianz Life, we're proud to provide a benefits package that supports the True Balance of our employees and their families. We offer: a choice of comprehensive medical, dental and vision plan options, flexible spending and health savings accounts, tuition reimbursement, student loan retirement program, generous annual paid leave, an outstanding 401(k) company match, and life insurance. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that is fair, caring, and inclusive. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we're routinely recognized as a top workplace employer. For additional information regardingWhat It's Like To Work Here | Allianz Life.

104067 | Reinsurance | Professional | Allianz US Life | Full-Time | Permanent

About Allianz Life Insurance

Allianz Life Insurance Company of North America is a leading provider of retirement solutions, including fixed and variable annuities and life insurance for individuals. The company is part of Allianz SE, a global financial services company that is headquartered in Munich, Germany. Allianz Life Insurance Company of North America was founded in 1896 and has been providing financial protection and retirement solutions to Americans for over 125 years. The company has a strong commitment to corporate responsibility and sustainability, and has been recognized for its efforts in these areas. Allianz Life Insurance Company of North America is a subsidiary of Allianz Life Insurance Company of New York, which is a wholly owned subsidiary of Allianz SE.
Learn more about Allianz Life Insurance
Size
142,460 employees
Industry
Founded
1890
NASDAQ

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