Job Summary
Job Description
APPLICATION DEADLINE: JULY 31, 2025
What is the opportunity?
RBC (Barbados) Service Company Limited has a vacancy for a Reinsurance Analyst – Longevity Operations. This is a key analytical role in the management of longevity reinsurance data and client relationships, and is a subject matter expert (SME) regarding movements in the portfolio that could affect financial and risk management reporting.
What will you do?
* Analyze Longevity Reinsurance accounts for treaty compliance and alignment with established risk and treaty parameters through analysis of inforce portfolio membership data against pricing data and longevity reinsurance treaty parameters to ensure compliance
* Support the onboarding of Longevity deals and implementation projects into the Longevity Administration System (PAXmin) & performs User Acceptance Testing as necessary
* Understand client portfolio information at the member level to identify discrepancies and issues that could affect onward reporting
* Trouble shoot with client operations teams to resolve discrepancies & other complex issues to final resolution for assigned client list
* Support the processing of Longevity Business Data Cleanses and Annual Reviews including the implementation of annual data changes into PAXmin
* Documentation of processes and procedures for the administration of assigned client list
* Understand how pension benefits work in the UK market along with changes to the market over time
* Consider enterprise-wide solutions and downstream impact and provide recommendations on process improvements and technical solutions including liaising with Third Party Vendors
What do you need to succeed?
Must-have
* Bachelor’s Degree (or equivalent) in related field or 5 plus years’ experience in Reinsurance practices and principles
* 4 – 7+ years’ experience in analytical role leveraging systems (In-depth knowledge and experience)
* Strong analytical skills and problem solving ability
* Ability to communicate findings of complex analyses
* Excellent verbal & written communication skills
* Industry relevant knowledge (E.g. ARA, FLMI)
What’s in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
* Opportunity to do challenging work and make a difference with lasting impact
* The advantage of working with a dynamic, collaborative, and high performing team where initiative and hard work are recognized and rewarded
* Leaders that support your development
Job Skills
Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process Improvements
Additional Job Details
Address:
2 Upper Collymore Rock Road:Bridgetown
City:
Bridgetown
Country:
Barbados
Work hours/week:
40
Employment Type:
Full time
Platform:
INSURANCE
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-07-16
Application Deadline:
2025-08-01
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
#J-18808-Ljbffr