23 Oct
|
Munich Re Group
|
Toronto
23 Oct
Munich Re Group
Toronto
The Senior Data Specialist serves as the primary administrator and subject matter expert for the TAI Reinsurance Administration platform supporting Retro Operations. This role is responsible for the integrity, governance, and optimization of retrocession data and system processes, ensuring accurate and timely premium, claims, in-force, and financial reporting. The position plays a critical role in maintaining operational excellence through system administration, data management, audit readiness, stakeholder support, and continuous improvement initiatives.
The role bridges business and technical functions, providing expertise on TAI functionality, data architecture, enhancements, integrations, and operational processing.
TAI System Administration and Ownership Act as the primary administrator and subject matter expert for the TAI Reinsurance Administration System.
Manage TAI interfaces and upstream data feeds to ensure timely and accurate processing of business transactions.
Configure, maintain, and optimize system parameters to support operational performance and business requirements.
Support in TAI enhancements, upgrades, testing activities, and implementation initiatives.
Maintain documentation relating to system configuration, mapping, business rules, and operational processes.
Troubleshoot system issues and collaborate with internal and external partners to resolve processing and data concerns.
Data Management and Quality Assurance Manage the ingestion, validation, reconciliation, and maintenance of client and transactional data.
Ensure completeness, accuracy, consistency, and integrity of premium, claims, billing, and in-force information.
Investigate data discrepancies and perform root cause analysis to identify corrective actions.
Support audit requirements through effective data controls, reconciliations, and documentation practices.
Develop and execute data quality measures, monitoring processes, and validation controls.
Monitor key operational performance indicators and elevate issues as appropriate.
Identify opportunities to improve operational efficiency, controls, and service delivery.
Technical Development and Automation Develop,
maintain, and optimize SQL queries and automated processes.
Support ETL processes and data transformation requirements across operational systems.
Participate in system testing, change management, and release activities.
Evaluate technical solutions and provide recommendations to improve data management and operational effectiveness.
Adhere to established IT governance, security standards, and change management controls.
Serve as a key contact for clients regarding data submission requirements, validation issues, and discrepancy resolution.
Build strong relationships with Operations, Finance, Actuarial, Claims, Underwriting, IT, and external vendors.
Provide subject matter expertise for strategic projects, initiatives, and business enhancements.
Support audits, operational reviews, and regulatory inquiries through data analysis and documentation.
Advanced knowledge of the TAI Reinsurance Administration System, including processing workflows, data structures, system functionality, and integrations.
Solid understanding of reinsurance operations, premium processing, claims administration, and financial reporting concepts.
Proven experience supporting or leading system enhancements, upgrades, implementations, or migration initiatives.
Advanced SQL proficiency and strong technical problem-solving abilities.
Advanced Microsoft Excel skills, including data analysis, reporting, and automation techniques.
Experience with ETL processes, data validation, and operational controls.
Demonstrated ability to bridge business and technical requirements and translate complex concepts for different audiences.
Strong stakeholder management, communication, and relationship-building skills.
Previous participation in system implementation, migration,
or modernization initiatives.
Knowledge of audit, compliance, and operational risk management practices.
Experience acting as a business subject matter expert on operational projects.
Together, we engage with everything we have and are, to help humankind act braver and better. As the world’s leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into manageable risk, we enable fundamental change.
We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions. Our data, our technology, and our teams place us in a unique position to drive transformative change in the life insurance industry. We invest strategically in our world class talent, offering our employees a work experience that promotes professional development, innovation, and rewards high performance.
A hybrid work environment that combines weekly in-office and remote days A great compensation package including annual company bonus
Market leading company-paid flexible health and dental benefits, starting on your first day
Flexible dollars provided by the company to put towards Health Spending Account and/or Wellness Spending Account
Immediate participation in DC Pension Plan with an automatic employer contribution, plus optional company match
Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
Maternity, Parental & Adoption Leave top-up program and $110,000 per year , plus an opportunity for an annual company bonus based upon a percentage of eligible pay. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to internal equity.
Toronto office on 390 Bay St , and we operate in a We do not use AI in our recruitment process - applications are reviewed by our team to ensure a fair and personalized experience. #
📌 Senior Data Specialist, Retro Administration (Toronto)
🏢 Munich Re Group
📍 Toronto