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Deloitte Advisory FSI Reinsurance Administrative System Senior Consultant in New York, New York

FSI Reinsurance Administrative System Senior Consultant

Our practitioners have the opportunity to engage a diverse and challenging portfolio of projects which include the design and implementation of business strategies and product offerings, operating models or structural change management, technology and process transformations, or risk management services. The industry knowledge and experience which candidates bring will be critical to the success of our clients.

Summary:

We are seeking a highly skilled Reinsurance Administration System Consultant to join our team. You will play a key role in supporting the implementation, configuration, and optimization of our client's reinsurance administration systems.

As a Senior Consultant you will have opportunities to:

  • Work collaboratively with business stakeholders to understand reinsurance processing needs and translate them into business requirements and/or system configurations.

  • Develop and implement business process and system workflows and procedures to optimize reinsurance processing efficiency and accuracy.

  • Conduct system and data testing to ensure functionality and data integrity.

  • Design and build reports and extracts.

  • Provide ongoing user support and training on the reinsurance administration system.

  • Analyze system data to identify opportunities for improvement and automation.

  • Stay up-to-date on the latest system features and functionality through vendor training and industry knowledge sharing.

  • Prepare technical documentation for system configurations and processes.

  • Design and execute data sourcing, translation, conversion and testing activities

  • Participate in system upgrades and migrations.

    Qualifications:

  • Bachelor's degree in Insurance, Accounting, Computer Science, Information Technology, or a related field (preferred).

  • Minimum of 4 years of experience in reinsurance administration, with a focus on system configuration and support.

  • Proven experience with one or more of the following reinsurance administration systems: FSRI, TAI, Duck Creek Reinsurance Management/PrimaXL, or Sapiens.

  • Strong understanding of reinsurance concepts, products, and processes.

  • Excellent analytical and problem-solving skills.

  • Strong attention to detail and accuracy.

  • Excellent communication and interpersonal skills.

  • Proficiency in MS Office Suite (Excel, Word, PowerPoint).

  • Experience with SQL querying a plus.

  • Strong project management skills.

  • Ability to work independently and as part of a team.

  • Ability to travel up to 50%.

  • Must be legally authorized to work in the United States without the need for employer sponsorship, now or any time in the future.

    Information for applicants with a need for accommodation: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html

About Deloitte Risk and Financial Advisory

Deloitte Risk and Financial Advisory provides industry-leading expertise, professional advisory services, and technology solutions to a range of clients. Our cross-functional Financial Services industry group comprises more than 2,500 partners, managers, and staff and provides a broad spectrum of services to address the operational, technological, regulatory, and risk management challenges faced by financial services clients across sectors, including banking, capital markets, retail wealth management, investment management, and insurance. The unique strength of Deloitte lies in our ability to address industry issues by aligning the breadth of our capabilities to offer comprehensive solutions to our clients. We are a recognized leader in helping our clients solve complex business problems and in providing professional services to the financial services industry.

  • Deloitte's Banking and Capital Markets Advisory Practice: Our Banking and Capital Markets Advisory Practice works with clients to address a range of critical issues brought on by regulatory changes, competition, globalization, advances in technology, and the changing demands of their customers. We provide a wide spectrum of advisory and consulting services to our clients, who include the world's leading banks and depositories, institutional broker-dealers, securities exchanges and industry utilities, clearing houses, custodians, and companies in commodities-driven businesses.

  • Deloitte's Wealth Management Advisory Practice: Our Wealth Management Advisory Practice combines a cross-functional group of practitioners to provide a suite of operational, technology, and regulatory offerings and expertise to serve the spectrum of wealth management clients, including retail broker-dealers, retail and private banks, investment advisers, trust and insurance companies, and financial intermediary service providers, in the design, configuration, and implementation of their business models, risk management and compliance programs, and technology platforms. Our wealth management clients provide direct-to-consumer investment advice and management, financial planning, asset protection, risk transfer services, customized securities-backed credit and lending, and tax services to individuals and families (e.g., retail investors, qualified plan participants, high-net worth clients).

  • Deloitte's Investment Management Advisory Practice: Our Investment Management Advisory Practice is a global leader in providing professional services to the asset and investment management industries. We provide a wide spectrum of advisory and consulting services to our clients to address a range of critical issues brought on by regulatory changes, competition, globalization, advances in technology, and the changing demands of their customer base. Our clients include the world's leading independent asset managers, diversified financial institutions, mutual funds, private fund advisers (hedge funds and private equity funds), fund administrators, transfer agents, pension funds, and fund of funds.

  • Deloitte's Insurance Advisory Practice: Our Insurance Advisory Practice assists companies with managing complex risks, including regulatory, operational, and technology issues. Our practitioners assist clients in the design, implementation, and assessment of business operating models with particular focus on enhancing the overall efficiency, effectiveness, and impact of clients' strategy and operations by leveraging technology and analytics.

    For individuals assigned and/or hired to work in Jersey City, New York City Deloitte is required by law to include a reasonable estimate of the compensation range for this role. This compensation range is specific to Jersey City, New York City, and takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $88,563- $170,912.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.

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