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About the Role

This is a critical role supporting the collation, analysis, and submission of reinsurance and reporting data to key stakeholders and reinsurance partners. The role is key in shaping the DB Reinsurance Operations area, providing training and support, and working alongside Finance teams. It also supports data and strategic development activities to ensure the continuous evolution of the DB Reinsurance area and growth ambitions, with a focus on process improvement and scalable solutions.

Responsibilities

Ensure monthly and annual reinsurance data is processed, assessed, and collated for distribution internally and to Reinsurance Partners in accordance with Treaty timeframes, maintaining the monthly workflow.
Manage the administration of reinsurance treaties.
Drive continuous improvement in data quality for all stakeholders, ensuring timely delivery and accurate record maintenance to support Audit requirements.
Support process developments for internal and external material delivery, collaborating with internal teams and reinsurers.
Following the delivery of reinsurance true up data, support the Reinsurance Pricing team in preparing data cleanse materials, true up materials, and the transition to live reporting.
Provide specialist training and support to enhance reinsurance knowledge across DB, working with Technical Analysts.
Ensure understanding of all reinsurance treaties, sharing knowledge with relevant teams in DB.
Produce and deliver regular reinsurance reporting.
Support the completion of all reinsurance work by collaborating with the Reinsurance Pricing team, including managing relationships with Reinsurer’s operations team.
Support the completion of month-end deliverables to all internal stakeholders.
Check scheme reinsurance data, providing guidance and feedback to colleagues.
Produce materials for internal audit and Financial Controls to ensure quality control and identify issues.
Handle ad-hoc data requirements and requests related to Reinsurance Ops.
Support contractual requirement gathering and considerations for new or refined contracts.
Support wider projects to execute and complete reinsurance operations deliverables.

Requirements

Proven track record of using Excel to manage and manipulate large data sets, using both Excel functions and VBA.
Aptitude and interest in learning other coding languages.
Technical understanding of DB Pensions.
Experience working alongside or for a TPA administering DB Pensions or BPA products.
Ability to balance short-term process improvements with longer-term project work.
Good understanding of DB de-risking administration requirements and their differences from standard pensions administration.
Experience training individuals and groups.
Ability to manage workloads and prioritize tasks based on business volumes and priorities.
Customer service focused.
Excellent communication skills, with the ability to communicate information across different media.
Clear focus on quality, service, and results.
Flexible approach with the ability to work as part of a team in a fast-moving environment.
Good Microsoft Office skills, particularly Excel, Word, PowerPoint, and Visio.

Skills

Excel
VBA
Microsoft Office Suite (Word, PowerPoint, Visio)
DB Pensions
DB de-risking administration
Pensions administration
Communication skills
Data analysis
Process improvement
Coding languages (e.g., Julia, Python, SQL)

Location

London

Work Type

Hybrid - 50%
Permanent
35 hours

Experience Level

Senior

Benefits

Competitive salary
Pension scheme
Life assurance
25 days annual leave
Additional day off for birthday
Private medical cover
Income protection
Generous bonus scheme
Opportunities to progress career
Free access to Headspace app
24/7 employee assistance helpline
Trained physical and mental health first aiders
Variety of employee-funded benefits via online portal
Additional purchase options for benefits

About the Company

We help people achieve a better later life.
We are a fast-growing company helping customers enjoy the retirement they deserve.
We offer market-leading, award-winning products and services.
We have a diverse team of over 1,400 purpose-led colleagues.
We are on an exciting growth journey to become the UK’s most loved retirement expert.
We are ambitious, curious, and collaborative.
Every decision we make centres around being Just and delivering the best outcomes for our customers.

Equal Opportunity

Valuing diversity of thought and fostering a sense of belonging is critical to our business success, driving innovation and balanced decision making.
Our work on DEIB (Diversity, Equity, Inclusion and Belonging) aims to deliver a brilliant employee experience underpinned by a sense of belonging, where our people feel proud to work at Just.
We remain committed to our publicly disclosed HM Treasury Women in Finance Charter and Race at Work Charter targets.
We support a wide range of employee network and events, championing issues including intergenerational working, social mobility and neurodiversity.