Lead Reinsurance Financial Analyst

Voya Financial • Minneapolis, MN

14h • Hybrid

About The Position

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.

Requirements

• 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

Nice To Haves

• 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)

Responsibilities

• 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.
• Maintaining 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 reinsurance processes established/maintained.
• 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

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 flexible Diversity Celebration Day.
• Paid volunteer time — 40 hours per calendar year

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 5,001-10,000 employees