Job Information
Ameriprise Financial Senior Manager, Reinsurance Business Analyst in Minneapolis, Minnesota
Ameriprise Financial has an exciting opportunity for a Senior Manager, Reinsurance Business Analyst to join our team! This leadership position is responsible for overseeing the reinsurance administration of the company’s reinsured life insurance, disability income and fixed annuities blocks of business. This includes leading the monthly premium billing and reinsurance claim recovery processes within the TAI reinsurance admin system, ensuring monthly billings and claim recoveries are performed with accuracy and timeliness, proactively ensuring all questions from reinsurers are addressed. You will also provide direct and indirect leadership to a support staff, collaborating closely with a Senior Manager, Business Analyst peer who is responsible for system maintenance, reporting and control environment function.
Responsibilities include, but are not limited to:
Oversee monthly premium billing to reinsurers
Oversee reinsured claim recoveries are processed with high quality and timeliness
Ensure reinsurance program is in compliance with various reinsurance treaties
Serve as the primary liaison to all external reinsurers to ensure questions are addressed in a timely manner
Serve as the primary liaison to company underwriting, claims for all matters related to reinsurance
Work closely with the company reinsurance officer to problem solve more complex reinsurance issues
Manage domestic and offshore staff
Required Qualifications
Bachelor’s degree or equivalent
7+ years of relevant experience
Knowledge of life insurance and disability income products
Experience in leading an administration billing process
Ability to perform root cause analysis for issues that arise
Strong critical thinking skills
Self-motivated with the ability to work both independently and as part of a team
Strong interpersonal and communication skills that provide the ability to build effective relationships with internal and external constituents
Strong leadership skills and managing domestic and offshore staff
Ability to analyze data with attention to detail and draw meaningful insights
Ability to interrelate and understand complex issues across multiple disciplines
Ability to manage and prioritize multiple responsibilities and projects concurrently
Preferred Qualifications
Life, disability and annuity reinsurance experience and/or knowledge
Prior experience in managing offshore staff
TAI reinsurance administration system experience
Reinsurance regulatory reporting experience
About Our Company
We’re a diversified financial services leader with more than $1 trillion in assets under management and administration as of 2022. Our team of 20,000 people in more than 20 countries, advise and manage assets and income of more than 2 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.
Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.
Full-Time/Part-Time
Full time
Exempt/Non-Exempt
Exempt
Job Family Group
Business Support & Operations
Line of Business
FIN Finance