RGA have an opening for someone talented and committed to join our UK Administration Team.

This is a unique opportunity to join a market leading reinsurance company where you will be able to grow your career by being empowered and encouraged. We provide comprehensive training and ongoing learning support which will provide you with a real opportunity to build a successful career.

The purpose of the UK Administration team is to ensure that all client data and premiums are processed, recorded & analysed in a timely manner. The team are also responsible for the smooth running of month end, generating accounts for RGA’s retrocessionaires and the accurate reporting to stakeholders.

Administration

• Ensure that the company’s administration standards and time service requirements are applied to the handling of all business received.
• Ensure that the administration of all UK & Irish business adheres to RGA treaties.
• For your specific client responsibility, provide administration data for input to accounting records, valuation systems and regulatory returns.
• Ensure Ira month end deadlines are met. This includes working with team members to ensure data can be processed in a timely and accurate manner to achieve this goal.
• Ensure administration data is provided to retrocession clients in a timely and accurate manner.
• As and when required assist with the calculations for the offline International Retro Pool data (inforce, billing and accrual information).
• As and when required, assist with policy exhibit calculation and upload to administration system.
• Attend Client Audits/Assurance Reviews as and when required.
• Ensure administration processes and procedures are fully documented.
• Maintain a professional and working relationship with clients.
• Provide cover for Claims Administration role when required.
• Provide support on relevant Administration audits.
• Identifying possible process improvements and feedback any potential enhancements to your manager

Reinsurance

• Maintain a good working knowledge of UK and Irish reinsurance practices and specific RGA treaty practices as they pertain to the management and handling of transfer of risk.
• Ensure that premiums relating to UK & Irish business are administered appropriately through the RGA chain of companies, external retro companies and the International Retro Pool.

Management Information

• Ensure documents that provide input to regular management information are completed in a timely and accurate manner i.e. workstats, client data files and payment tracking etc.
• Ensured data is provided for UK underwriting audits.
• Identify possible improvements regarding Management Information and share with your manager.

Technical

• Gain market knowledge of Life Reinsurance and its implications within administration.
• Gain a good understanding of processing client data on RGA administration systems.
• Gain a good understanding of retrocession through the RGA chain of companies, external retrocession and the International Retro Pool.

Interactions

• Reporting to the UK Administration Analyst Team Leader and working closely with other members of the UK Operations team.
• Contribute to the team building spirit within the company.
• Working closely with other RGA UK teams.

• Relevant Insurance or Reinsurance experience.
• Strong IT skills with a good understanding of MS Excel and Access.
• Strong oral and written communication and presentation skills.
• Effective interpersonal skills; with the ability to interact with employees at all levels and across different departments
• Ability to focus on priorities, targets and deadlines
• Ability to plan and manage owns time and several projects at once, delivering them to agreed schedules
• Proactive team player who can also work on own initiative
• Ability to develop original and creative ideas to problems and develop new approaches.
• Ability to contribute to the team building spirit within the company

Reinsurance Group of America, Incorporated (RGA), a Fortune 500 company, is among the leading global providers of life reinsurance and financial solutions, with approximately $3.5 trillion of life reinsurance in force and assets of $92.2 billion as of December 31, 2021. Founded in 1973, RGA today is recognized for its deep technical expertise in risk and capital management, innovative solutions, and commitment to serving its clients. With headquarters in St. Louis, Missouri, and operations around the world, RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, health reinsurance, facultative underwriting, product development, and financial solutions

RGA’s Commitment to Diversity, Equity, and Inclusion

RGA Aims to evolve RGA workplaces and the communities in which RGA has a presence, into more diverse, equitable and inclusive environments. We will create a culture where individuals are valued, feel a sense of belonging, and are respected for their differences – a workplace where all employees are encouraged and supported to reach their full potential.

Our individual, social, economic, and cultural identities shape and influence our experiences and perspectives. Therefore, to do our best work RGA will ensure diversity in our workforce across the various dimensions of social, interpersonal, and cultural identity -- and by practicing inclusivity in how we work with one another. Inclusion in our workplace is a step towards our purpose of making financial protection accessible to all.

Flexible Working

We support hybrid and flexible ways of working and would welcome a discussion on how we can balance what is important to you with business requirements during the recruitment process.

What can RGA offer you?

• Competitive salary
• Financial support with reference to Qualifications and Learning and Development Courses.
• 25 Days Annual Leave, Plus Bank Holidays.
• Pension Package.
• Private Medical Insurance
• Life Assurance.
• Group Income Protection.