Why This Role Stands Out
This remote role offers a fantastic opportunity to drive process improvements and contribute to critical financial reporting within a reputable company. You'll thrive here if you're a seasoned finance professional adept at analysis, collaboration, and seeking innovative solutions. Apply to gain valuable experience and make a significant impact.
Quick Overview
Job Description
Financial Analyst III
Visa: USC and GC
Need local one with DL and LinkedIn
PLEASE NOTE: This is a 9 month renewable contract and needs to meet Client full-time conversion policies. Those dependent on a work permit sponsor now or anytime in the future (ie H1B, OPT, CPT, etc) do not meet Client requirements for this opening.
Role Overview: The Financial Analyst III is a senior contributor within Sun Life’s Group Reinsurance Administration team, supporting StopLoss Captive reinsurance programs. Process improvement and workflow optimization for the Excess Reinsurance team, including automation and AIenabled enhancements. The analyst ensures accurate, timely reporting in accordance with governing treaties and collaborates with internal partners (Reinsurance Accounting, Finance, Actuarial, EBG, StopLoss) and external stakeholders (reinsurers, captive managers).
Senior analyst within group reinsurance administration/operations who supports Sun Life's Stop Loss Captive reinsurance. Incumbent will split time between reporting responsibilities of the captive programs and process improvement efforts, utilizing best practices to ensure timely and accurate reporting of values in accordance with the governing treaties. The position will support internal customers (e.g., Group Reinsurance Accounting, Finance, Actuarial, etc.) Manage assigned source files (primarily the captive policy list) during the first five business days of each month.
Apply treaty rules and business logic to validate and reconcile data. Produce submission reporting by treaty year once financial close is complete. Process Improvement & Excess Reinsurance Support (Second Half of Month)
Partner with the Excess Reinsurance manager to evaluate highly manual workflows and identify opportunities for automation, streamlining, or offloading to India Operations. Support Data Iku migration efforts as the team transitions away from Access databases.
Recommend and help implement redesigned workflows that reduce manual effort and improve turnaround times.
5-8 years of insurance experience in a finance/actuarial/accounting/operations role, Reinsurance Operations/Administration role experience. Advanced Excel proficiency, including complex formulas, large datasets, multitab workbooks, and strong troubleshooting skills. Solid understanding of reinsurance concepts, including group ceded reinsurance structures such as coinsurance and YRT. Partnerships with Stop Loss Captive programs are high profile relationships within Sun Life.
Experience with Employee Benefits Group products (Life, Disability, Health, StopLoss). Familiarity with Data Iku, SQL, Python, or R. Background in medical stoploss, group benefits, supplemental health, or ceded reinsurance. Actuarial student background or actuarialstyle analytical mindset. Bachelor’s Degree in Finance, Business, Actuarial Science or Mathematics
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