Assistant Manager / Manager - Pricing

Position Overview

This is an Individual contributor role with 3 or 5 years of actuarial experience (not limited to pricing work). This requires an enthusiastic learner who can work on experience studies, undertake research and analysis to develop pricing assumptions with minimum guidance. The person would also work on pricing models. The job requires some base knowledge of analytical tools like R and Python which can assist in general data analytical work.

Responsibilities

• Performing experience studies for different lines of business
• Developing pricing assumptions based on experience and research.
• Pricing quotes within the agreed timelines and established quality standards
• Work with different functions like BD, Underwriting and Claims on to ensure the information used for pricing is complete and accurate.
• Maintaining complete and accurate pricing documentation.
• Work on various data analytics projects to support different pricing assumptions.
• Support research and analysis as required for product development and other actuarial work
• Drafting proposal and treaty documentation.

Requirements

Education and Experience

• Bachelor's degree in mathematics, Finance, Statistics, Actuarial Science or a related field
• Minimum 3 or 5 years' experience in various aspects of the actuarial or analytical work of an insurance/reinsurance/financial business
• Cleared minimum 7 papers from a recognized Actuarial Institute as per new curriculum

Skills and Abilities

• Excellent oral and written Communication skills and ability to communicate complex problem to variety of stakeholders.
• Sound working knowledge of MS Excel, Macros, MS Word and any actuarial/statistical software.
• Working knowledge of software like Oracle, R and Python would be preferred
• An ability to set and manage priorities in a changing work environment is essential.

Company Overview

Reinsurance Group of America, Incorporated (NYSE: RGA) is a global industry leader specializing in life and health reinsurance and financial solutions that help clients effectively manage risk and optimize capital. Founded in 1973, RGA celebrates its 50th anniversary in 2023. Over the past five decades, RGA has become one of the world's largest and most respected reinsurers and is guided by a fundamental purpose: to make financial protection accessible to all.

RGA has been named to Fortune magazine's 2023 list of the World's Most Admired Companies, an acknowledgement that reflects our legacy of innovation, dedicated client focus, community responsibility, commitment to diversity, and long-term value creation. RGA serves clients and partners in key markets around the world and has approximately $3.3 trillion of life reinsurance in force and assets of $82.7 billion as of September 30, 2022. To learn more about RGA and its businesses, visit www.rgare.com