Premium Analytics Analyst I
Hannover Life Reassurance Company of America (Hannover Re) is currently seeking talented candidates for a full-time Premium Analytics Analyst I position. Please see below for more information regarding the essential functions of this position, required qualifications, and how to apply.
You can look forward to
Job Summary:
Analyzes actual and model estimated premium data to determine variances and collaborate with stakeholders to research solutions. Determines appropriate client actuarial mapping for new treaties and amendments. Works independently and leads initiatives to drive project milestones and process enhancements.
Essential Functions:
- (50%) Premium Analysis: Collaborates with team to research and complete analysis of premium rates. Supports the downstream corporate actuarial modelling process by researching and completing Master Research Files (MRFs), including premium rate validation. Requires scoping non-linear projects (trial and error) to determine possible paths to resolution. Necessitates learning and understanding various internal systems and teams within Hannover Re Operations.
- (30%) Issue Resolution: Solves Problems. Strategically evaluates issues that arise from premium validation and/or MRFs. Contributes to tracking, managing, and resolving these issues, including proactively coordinating with both internal and external parties.
- (10%) Responsible for developing an in-depth understanding of the premium validation functions, including PRV and/or MRF.
- (10%) Data Governance: Manages and documents processes to ensure accuracy and consistency of data.
You come equipped with
Competencies:
- Manages Complexity
- Adaptable
- Communicates Effectively
- Analytic and Strategic
- Critical Thinking
Essential knowledge, skills and abilities:
- Bachelor’s Degree from an accredited institution in a related discipline and/or equivalent work experience
- 5 or more years of relevant technical, testing, or business work experience
- Minimum of 2 years life insurance or reinsurance industry experience
- Ability to work independently in a team environment and manage internal and external demands of position without direct oversight.
- Ability to analyse disparate sources of data and generate data processing specifications
- Ability to exercise sound discretion with regards to decision-making and resolve non-standard situations independently
- Demonstrates an informed knowledge of multiple business areas to resolve problems for more complex recurring and new business initiatives.
- Excellent written and verbal communication skills
- Advanced proficiency in Microsoft PC software: Excel, Word, Access, Visio, and Outlook
- Extensive spreadsheet and database skills
- Foundation of basic math and computational skills
Desired knowledge, skills and abilities:
- Reinsurance experience in accounting, auditing or administration.
- Knowledge of reinsurance treaties, terms and conditions.
- Ability to scope non-linear projects (trial and error) to determine possible paths to resolution.
- Ability to interpret data to provide context that is actionable.
- Understanding of and ability to run reports in SQL, Hyperion, OLB and Business Objects
- Knowledge of Hannover Re systems and processes
Travel:
- 5% - domestic with overnight stays
Total Compensation (Inclusive of Base + Bonus):
- $75,900 - $102,700
Benefits Include:
- Comprehensive medical, dental, and vision
- Paid Time Off (PTO) - Company provided life insurance and disability benefits - 401(k) and profit sharing - Additional ancillary benefits available
Hannover Re seeks to attract the best-qualified candidates who support the mission, vision and values of the company and those who respect and promote excellence through diversity. We are committed to providing equal employment opportunities (EEO) to all employees and applicants without regard to race, color, creed, religion, sex, age, national origin, citizenship, sexual orientation, gender identity and expression, physical or mental disability, marital, familial or parental status, genetic information, military status, veteran status or any other legally protected classification. The company complies with all applicable state and local laws governing nondiscrimination in employment and prohibits unlawful harassment based on any of the aforementioned protected classes at every location in which the company operates. This applies to all terms, conditions and privileges of employment including but not limited to: hiring, assessments, probation, placement, benefits, promotion, demotion, termination, layoff, recall, transfer, leave of absence, compensation, training and development, social and recreational programs, educational assistance and retirement.
We are committed to making our application process and workplace accessible for individuals with disabilities. Upon request, Hannover Re will reasonably accommodate applicants so they can participate in the application process unless doing so would create an undue hardship to Hannover Re, or a threat to these individuals, others in the workplace or the company as a whole. To request an accommodation, email HLRUS-personnel@hannover-re.com. Please allow for 24 hours to process your request.
We will accept applications until a candidate has been identified and selected to fill this position.
Nearest Major Market: Orlando