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Reinsurance Analyst

3 months ago


Docklands, Victoria, Australia MLC Life Insurance Full time
Are you committed to bringing your best to life every day?

At MLC Life Insurance, we're proud of our history of protecting Australians for over 135 years. We provide flexible, affordable, and innovative insurance products to almost 1 million Australians. We're Australian-led and managed, and part of a global network through our partnership with one of the world's leading life insurers, Nippon Life Insurance Group.

We're driven by a powerful purpose, providing our customers and their families with a Promise for Life to be there when they need us most - and that's a great purpose to bring us together at work every day.

We work hard to deliver a total customer experience that keeps our customers and partners at the forefront of all our decisions. We're a values-driven business that strives for high performance and growth as we look towards the future.

The Role

We have an exciting opportunity to join our Reinsurance team as a Reinsurance Analyst in a 12-month fixed term contract. This opportunity has a view to become permanent.

The Reinsurance team is responsible for managing reinsurance operations and settlement of bordereaux with our reinsurers. This role will be responsible for managing MLC Life Insurance's operational relationship with multiple reinsurers, as well as internal stakeholders.

You will be responsible for:
  • End to end preparation and review of reinsurance premiums and bordereaux
  • Liaising with reinsurers to address queries and settle disputes
  • Partnering with Pricing, Actuarial, Finance and other stakeholders to ensure that reinsurance is executed in accordance with expectations
  • Process improvements and automation
  • Support Reinsurance manager on various reinsurance related issue, projects and ad-hoc queries
About You To be successful in this role you will be an individual who has a high attention to detail, an analytical mindset and the ability to problem solve. You will also have:
  • Proven excel skills including use of complex formulas and excellent data management.
  • Previous experience in a Reinsurance, Actuarial, Finance Analyst or Data Analyst role is highly regarded.
  • Strong written and verbal communication skills
  • Strong customer focus and drive to deliver for customers.
  • Quick learner and ability to prioritise effectively.
Bringing our best to life - why join us?
  • We do work that makes a genuine difference to our customers, partners and community.
  • We have a supportive, inclusive and flexible team culture, including hybrid working.
  • We support your growth and development, and careers across our business units and teams that are as unique as our people.
  • We reward and celebrate our successes, through our incentive and recognition programs.
  • We offer tools, resources and benefits to support your wellbeing, including additional lifestyle leave and our Family Life hub.
  • We connect and celebrate our diversity at work through our social committees and employee groups, and we contribute to our community with paid volunteer leave and through our sustainability commitments.
Should an applicant be the preferred candidate, background checks (including Federal Police Checks, Employment checks, ASIC banned and disqualified persons and Bankruptcy checks) will be completed prior to the candidate's employment being confirmed. The outcomes of the background checks do not automatically bar candidates, however they will be assessed against the inherent requirements of the position.