The Manager, Reinsurance Administration is responsible for overseeing reinsurance administration operations and supporting the execution and ongoing administration of reinsurance treaties and related activities. This role partners closely with internal stakeholders and external reinsurance partners to ensure accurate, timely, and effective administration of reinsurance arrangements while supporting operational excellence, regulatory compliance, and business objectives.
The Manager leads a team of subject matter experts and/or individual contributors and plays a key role in driving operational effectiveness, process improvements, internal controls, and strategic reinsurance initiatives across the organization.
Duties & Responsibilities
Reinsurance Administration & Operational Oversight: Oversee and direct day-to-day reinsurance administration activities and operational processes. Manage the preparation and administration of reinsurance settlements and support related disbursement activities. Serve as a key operational contact for reinsurance administration matters. Support accurate and timely administration of complex reinsurance transactions and treaty activities. Prepare and review operational reports and related analyses for management and business partners.
Strategic Reinsurance Support & Cross-Functional Partnership: Partner with Product Development, Special Projects, and other business areas to support implementation and operationalization of new reinsurance agreements. Collaborate with internal stakeholders to develop and recommend administration solutions for complex reinsurance arrangements. Support strategic departmental initiatives and execution of operational objectives. Serve as a subject matter expert for reinsurance administration projects and initiatives.
Controls, Audit & Governance: Oversee the design, execution, and monitoring of internal controls related to reinsurance administration activities. Coordinate and support reinsurer audits, internal audits, and external audit requests. Ensure operational processes and activities align with internal policies, controls, and governance requirements.
Operational Excellence & Process Improvement: Lead continuous improvement initiatives to enhance operational efficiency, scalability, accuracy, and sustainability. Develop, implement, and monitor key performance indicators and operational metrics. Identify opportunities to streamline processes, improve workflows, and enhance operational effectiveness. Support system, reporting, and process enhancement activities as needed.
Relationship Management & Stakeholder Communication: Build and maintain effective working relationships with reinsurance partners and internal business stakeholders. Collaborate effectively across functions including Financial Reporting, Financial Controls, Actuarial, IT, Treasury, Investments, and Product Development. Communicate operational updates, issues, and recommendations clearly and effectively to leadership and business partners.
Leadership, Talent & Team Development: Lead, coach, and develop a team of subject matter experts and/or individual contributors. Foster a collaborative, accountable, and high-performing team environment. Support employee engagement, professional development, and succession planning activities. Provide direction, prioritization, and guidance to ensure effective execution of team responsibilities.
Supervisory Responsibilities: This role has people leadership responsibilities, including managing performance, developing talent, and supporting engagement and team effectiveness.
Knowledge, Skills & Abilities
Minimum Qualifications
Preferred Qualifications
License/Certifications
Other Requirements
Ability to travel up to: 10% of the time
#LI-MB1 #LI-Remote
Work Environments
F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements. During the hiring process, you'll work with your leader to decide what works best for your role.
F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G. If reasonable accommodation is needed to participate in the job application or interview process, please contact talentacquisition@fglife.com.
Join our employee-centric hybrid work environment: F&G Careers
About F&G
Since 1959, Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life’s unexpected events.
As a national Top Workplace1, an Iowa Top Workplace2 and a proud equal opportunity employer, F&G team members are empowered, collaborative, dynamic and authentic. We believe that by embracing these values, we will continue to build and strengthen the company while continuing to be a great place to work.
1 Top Workplaces USA 2022 – 2023
2 Des Moines Register Top Workplaces 2018 – 2022
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Established in 1959, F&G is headquartered in Des Moines, Iowa, and offers unique life insurance and annuity solutions to meet individual financial security needs through a national network of financial professionals. Our products protect people across the United States.
F&G is a company of individuals who believe in the power of partnerships, encourage innovation and creativity, and are transparent about decisions while delivering on their commitments. These values allow F&G to help you turn your aspirations into reality.
