Reinsurance Assistant
London Life Insurance Company
London, ON, CA
20d ago

Job Description

As part of the Individual Customer Life Reinsurance Administration team, the Reinsurance Specialist will be responsible for the administration of ceded reinsurance on traditional and universal life insurance products in compliance with reinsurance agreements for Great-

West Life, London Life, and Canada Life.

Accountabilities :

  • Maintaining reinsurance files including pulling of reinsurance cessions, filing, opening and sorting mail
  • Verification of reinsurance data to ensure accurate administration
  • Interrogating policies to ensure reinsurance codes are correct
  • Processing basic reinsurance transactions including terminations and extensions
  • Preparation of extensions
  • Processing basic reinsurance splits for the purpose of retention-checking
  • Other duties as required
  • Qualifications and Competencies :

  • Knowledge of Individual life insurance products, processes, and systems (including IMS, NBS, Ingenium, Pallm, IB15, IB27, TAI and RAS) would be an asset
  • Analytical in nature and attention to detail; accuracy is essential to ensure reliable financial results
  • Effective planning and organizational skills
  • Ability to handle multiple competing priorities with a sense of urgency
  • Self-motivated and ability to learn quickly
  • Strong interpersonal skills and a demonstrated ability to work effectively in a team environment; must also be able to work independently
  • Excellent oral and written communication skills
  • Good coping skills and tolerance of ambiguity
  • Discover your opportunity . Apply today!

    Great-West Life offers competitive compensation, great benefits such as medical, dental, life insurance, wellness account and personal days not to mention onsite cafeteria and fitness facilities.

    If you’d like to join our team submit your information online and introduce yourself.

    Together Great-West Life, London Life and Canada Life serve the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States.

    As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings.

    We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations.

    We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported.

    We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.

    Great-West Lifeco would like to thank all applicants, however only those who qualify for an interview will be contacted.

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