Lead Reinsurance Financial Analyst
$110k - $128kVoya Financial
Overview Together we fight for everyone’s opportunity for a better financial future. We will do this together — with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone’s access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today. We are bold and committed to action and foster a work environment where differences are understood, valued and intentionally pursued. Position Summary Voya is seeking a Lead Financial Analyst to join Voya's Reinsurance team. The position is responsible for administering reinsurance treaties and reinsurance reporting. We are looking for an individual with a passion for process improvements and automation. This role is primarily work-from-home but will be occasionally expected to work out of the Minneapolis office. Position Description Administer reinsurance agreements including preparing and compiling reinsurance settlements and reports. Identify and lead the implementation of improvements within workstream processes. Analyze and create automation opportunities within the existing reinsurance processes. Maintain integrity of reinsurance admin system and data. Review and validate reinsurance settlements reports received from reinsurers for completeness and accuracy per agreements. Contribute to financial close cycles, including recording journal entries, issuing wires, reviewing and analyzing operating statements, and providing flux analysis. Undertake ad-hoc tasks, projects and analysis upon request under limited supervision. Work on various responsibilities associated with reinsurance and reporting and interact with various business partners. Interact, communicate, and maintain liaison with reinsurers and third-party administrators to ensure the quality, accuracy and completeness of reports received. Deliver succinct and clear summarizations of analysis tailored to the needs of different customers. Participate in internal and external audit testing. Ensure reinsurance processes and reporting activities are in compliance with audit standards, including sufficient controls and efficient processes. Share technical expertise and guide junior team members. Support other team members, including reviewing offshore work. Able to manage multiple, often competing priorities under tight deadlines. Able to work with large and complex Excel files and scale the data into meaningful analysis. Other duties as assigned. Minimum Knowledge & Experience BA degree in Finance/Accounting Minimum 5 years of reinsurance finance experience with a life insurance focus Experience working with admin systems, ledger data and familiar with operating statements Good understanding of accounting principles, reinsurance operations and financial reporting Work with various organizational teams and leadership Preferred Knowledge & Experience Strong analytical, attention to detail, self-motivated, self-starter; able to work independently with minimal supervision Able to balance quantitative and qualitative analysis Excellent oral and written communications GAAP and Statutory reporting knowledge is preferred Familiarity with Oracle financial systems is preferred Advanced proficiency in MS Excel and data visualization tools (e.g., Tableau, Power BI) Compensation $110,000 - $128,000 The below annual base salary range reflects the expected hiring range for this position in the listed locations. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Actual compensation offered may vary from the posted salary range based on geographic location, work experience, education, licensure requirements and/or skill level. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked. Benefits Health, dental, vision and life insurance plans 401(k) Savings plan – with generous company matching contributions (up to 6%) Voya Retirement Plan – employer paid cash balance retirement plan (4%) Tuition reimbursement up to $5,250/year Paid time off – including 20 days paid time off, nine paid company holidays and a Diversity Celebration Day Paid volunteer time — 40 hours per calendar year Equal Employment Opportunity Voya Financial is an equal-opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law. Reasonable Accommodations Voya is committed to the inclusion of all qualified individuals. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please reference resources for applicants with disabilities. Misuse of Voya's name in fraud schemes. #J-18808-Ljbffr
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