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 Business Analyst, Reinsurance at AIG
Business Analyst, Reinsurance
@
AIG

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Posted on: 
January 24, 2024
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Summary of the Business Analyst, Reinsurance job at AIG

AIG is hiring a Business Analyst, Reinsurance with 5 - 10 years of experience. Based in United States - Jersey City, NJ and with Hybrid ways of working. The expected salary range for this role is $90,000 - $120,000
About AIG

American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions and other financial services to customers in approximately 70 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. AIG common stock is listed on the New York Stock Exchange.

Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | Twitter: @AIGinsurance www.twitter.com/AIGinsurance | LinkedIn: www.linkedin.com/company/aig | Facebook: https://www.facebook.com/AIGInsurance | Instagram: https://www.instagram.com/aiginsurance/. These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

AIG is the marketing name for the worldwide property-casualty, life and retirement and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries and jurisdictions, and coverage is subject to underwriting requirements and actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.

Business Analyst, Reinsurance - Job Role & Responsibilities

AIG is on a multi-year transformation program to standardize and centralize reinsurance processing. We are looking for an experienced Reinsurance Application consultant who will be key in technical design, integration, and development. In this role, you will be working with the Sapiens Technology delivery partner to ensure their solution meets AIG’s Reinsurance business needs, aligns with AIG’s technology strategy, and can be rolled out to a Global AIG Reinsurance portfolio. The multiple integration points, complex Reinsurance deals, globally disbursed data sources and high standard for accuracy make this an exciting and challenging role.

Responsibilities:

  • Responsible for integrating the Reinsurance technology platforms and enabling seamless end to end Reinsurance business processes by defining process flows, data flows, etc
  • Will lead or participate in business requirement analysis and documentation of workflow and procedures that will integrate with our global Reinsurance solution
  • Perform data mapping, functional design, reconciliation, and support target state architecture
  • Develop user stories along with business and work with the development team to implement them
  • Ensure data lineage and data governance for reinsurance financial data across systems
  • Strategize the migration of legacy reinsurance solutions to Sapiens
  • Perform QA responsibilities: developing, estimating, and executing test plans and communicating testing status regularly with project manager
Business Analyst, Reinsurance - Job requirements

What we’re looking for:

  • 5+ years of experience working in the Insurance/Reinsurance industry
  • BS in Computer Science or relevant IT experience; Accounting Degree is a plus
  • Finance, Insurance Accounting, Insurance, and Reinsurance Collections knowledge are a plus
  • Experience with integrating reinsurance data from UW to downstream applications
  • Experience with using reinsurance platforms and technical accounting
  • Proven ability in turning complex reinsurance agreements into automated technology solutions on the Sapiens platform and ensuring end-to-end integration with downstream receiver systems.
What we offer at AIG

For positions based in Jersey City, NJ, the base salary range is $90,000-$120,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: https://sprcdn-assets.sprinklr.com/248/0a780968-b61c-4521-b06e-ffe3eb552e83-228292781/New_Hire_Benefits_Overview_202.pdf

A look at our Benefits

We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.

We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.

Please mention “I found this job at DataAnalyst.com!” in your application, it will help us offer you more opportunities

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AIG

AIG

is hiring

Business Analyst, Reinsurance

Website:
Posted on: 
May 20, 2024

About Our Company

American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions and other financial services to customers in approximately 70 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. AIG common stock is listed on the New York Stock Exchange.

Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | Twitter: @AIGinsurance www.twitter.com/AIGinsurance | LinkedIn: www.linkedin.com/company/aig | Facebook: https://www.facebook.com/AIGInsurance | Instagram: https://www.instagram.com/aiginsurance/. These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

AIG is the marketing name for the worldwide property-casualty, life and retirement and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries and jurisdictions, and coverage is subject to underwriting requirements and actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.

Job Description & Responsibilities

AIG is on a multi-year transformation program to standardize and centralize reinsurance processing. We are looking for an experienced Reinsurance Application consultant who will be key in technical design, integration, and development. In this role, you will be working with the Sapiens Technology delivery partner to ensure their solution meets AIG’s Reinsurance business needs, aligns with AIG’s technology strategy, and can be rolled out to a Global AIG Reinsurance portfolio. The multiple integration points, complex Reinsurance deals, globally disbursed data sources and high standard for accuracy make this an exciting and challenging role.

Responsibilities:

  • Responsible for integrating the Reinsurance technology platforms and enabling seamless end to end Reinsurance business processes by defining process flows, data flows, etc
  • Will lead or participate in business requirement analysis and documentation of workflow and procedures that will integrate with our global Reinsurance solution
  • Perform data mapping, functional design, reconciliation, and support target state architecture
  • Develop user stories along with business and work with the development team to implement them
  • Ensure data lineage and data governance for reinsurance financial data across systems
  • Strategize the migration of legacy reinsurance solutions to Sapiens
  • Perform QA responsibilities: developing, estimating, and executing test plans and communicating testing status regularly with project manager

Requirements

What we’re looking for:

  • 5+ years of experience working in the Insurance/Reinsurance industry
  • BS in Computer Science or relevant IT experience; Accounting Degree is a plus
  • Finance, Insurance Accounting, Insurance, and Reinsurance Collections knowledge are a plus
  • Experience with integrating reinsurance data from UW to downstream applications
  • Experience with using reinsurance platforms and technical accounting
  • Proven ability in turning complex reinsurance agreements into automated technology solutions on the Sapiens platform and ensuring end-to-end integration with downstream receiver systems.

What we offer

For positions based in Jersey City, NJ, the base salary range is $90,000-$120,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: https://sprcdn-assets.sprinklr.com/248/0a780968-b61c-4521-b06e-ffe3eb552e83-228292781/New_Hire_Benefits_Overview_202.pdf

A look at our Benefits

We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.

We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.

Apply now

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