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Actuarial Analyst

Position Overview

The Actuarial Analyst assists with statistical and actuarial analysis projects through maintaining, building, and delivering reports in a timely fashion to meet internal client needs. Provides technical assistance in the areas of automation, actuarial analysis and acts as a strategic problem solver by developing programs, spreadsheets and databases to organize and analyze data. Interacts with other RGA departments and offices to ensure that department work products are portrayed correctly, understood, and completed in a timely fashion. Produces reinsurance quotes according to quotes process.

Responsibilities

  • Maintains, develops, improves, and enhances various management information reports, statistical and actuarial models, and other analytic tools to support planning and reporting
  • Produces quotes and reprices accurately within deadlines and to the necessary standards.
  • Develops programs and spreadsheet macros to automate repetitive tasks.
  • Promotes technology awareness by developing automated procedures or utilizing new software features. Develops a good understanding of each client and its mode of pricing, responds to client and internal requests with accuracy and timeliness.
  • Uses critical thinking to analyze results for reasonableness and accuracy.
  • Assures quality documentation of all projects, work products, and procedures.



Requirements

Education and Experience

Required:

  • Bachelor's degree in Math, Economics, Actuarial Science, Statistics, or related field.
  • Experience with SAS, VBA or SQL programming.
  • Advanced English Skills (Oral, Reading, and Writing).


Preferred:

  • Master's degree in Math, Finance, Actuarial Sciences, Economics or Statistics.
  • Progress toward Actuarial Exams.
  • Experience with actuarial pricing software.


Skills and Abilities

Required:

  • Advance database applications (Access, SQL/Query, VBA or equivalent technology) skills
  • Advanced Excel skills
  • Advanced math skills
  • Must be flexible and adaptive to change
  • Ability to set goals, multitask and prioritize workload
  • Ability to share and impart knowledge
  • Advanced oral and written communication skills
  • Complex analytical and problem solving skills
  • Ability to balance detail with departmental goals/objectives
  • Working knowledge of actuarial, finance and present value concepts
  • Working knowledge of insurance, accounting and reinsurance concepts
  • Ability to work independently
  • Ability to work well within a team environment and participate in department projects
  • Ability to foster customer service as needed
  • Familiarity with statistical analysis tools (R and/or SAS)


Preferred:

  • Ability to program in visual basic or equivalent
  • Competent understanding of key insurance-related concepts, including health products, reinsurance contracts, and basic GAAP, Statutory, and tax accounting principles.
  • Knowledge of econometric modeling or comparable statistical models within a business context



Company Overview

Reinsurance Group of America, Incorporated (NYSE: RGA) is one of the largest global providers of life reinsurance, with offices around the world. RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, financial solutions, facultative underwriting and product development. Our mission is to enhance our clients' prosperity by supporting their financial and risk management capabilities.

#LI-OJ1

Actuarial Analyst

Mexiko-Stadt, Mexico
Full time

Published on 11/05/2024

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