Actuarial Valuation Analyst
Actuarial Valuation Analyst
Position Overview
The Junior actuarial valuation analyst is responsible for the production and posting of month end financials on both a Solvency II and US GAAP basis, ensuring reporting is carried out in an accurate and timely manner. They will conduct analysis of these results using judgment and knowledge of the business to provide Management Information to internal stakeholders.
Further, there will be scope to assist and take on responsibility in other recurring valuation tasks across the EMEA region.
The role would suit an actuarial student with 1-2 years' work experience, who is making good progress with their exams. It requires a team player who is adaptable and able to take on a range of tasks involved in supporting financial reporting and analysis. It is expected that the individual will have good interpersonal skills as well as being self-motivated and possessing a strong initiative. Strong computer skills are essential, especially in the areas of data manipulation using spreadsheets and relational database tools.
This position can be located in our other EMEA offices.
Responsibilities
- Perform monthly/quarterly production and posting of financials on both a Solvency II and US GAAP basis.
- Analyse results, ensuring changes are understood, appropriate and explained.
- Produce and extend Management Information as required.
- Assist with modelling of new business in Prophet.
- Assist in Best Estimate assumption setting and Business Planning processes.
- Document, follow and develop current procedures and adhere to SOX process controls
- Support work across the EMEA valuation team as required.
- Proactively work with other members of the EMEA Valuation and Finance Teams, building collaborative and results-focussed working relationships.
- Understand the business RGA writes, and able to analyse the results accordingly.
Requirements
- Perform monthly/quarterly production and posting of financials on both a Solvency II and US GAAP basis.
- Analyse results, ensuring changes are understood, appropriate and explained.
- Produce and extend Management Information as required.
- Assist with modelling of new business in Prophet.
- Assist in Best Estimate assumption setting and Business Planning processes.
- Document, follow and develop current procedures and adhere to SOX process controls
- Support work across the EMEA valuation team as required.
- Proactively work with other members of the EMEA Valuation and Finance Teams, building collaborative and results-focussed working relationships.
- Understand the business RGA writes, and able to analyse the results accordingly.
RGA's Commitment to Diversity, Equity, and Inclusion
RGA Aims to evolve RGA workplaces and the communities in which RGA has a presence, into more diverse, equitable and inclusive environments. We will create a culture where individuals are valued, feel a sense of belonging, and are respected for their differences - a workplace where all employees are encouraged and supported to reach their full potential.
Our individual, social, economic, and cultural identities shape and influence our experiences and perspectives. Therefore, to do our best work RGA will ensure diversity in our workforce across the various dimensions of social, interpersonal, and cultural identity -- and by practicing inclusivity in how we work with one another. Inclusion in our workplace is a step towards our purpose of making financial protection accessible to all .
Flexible Working
We support hybrid and flexible ways of working and would welcome a discussion on how we can balance what is important to you with business requirements during the recruitment process.
What can RGA offer you?
- Competitive salary
- Financial support with reference to Qualifications and Learning and Development Courses.
- 25 Days Annual Leave, Plus Bank Holidays.
- Pension Package.
- Life Assurance.
- Group Income Protection.
Company Overview
Reinsurance Group of America, Incorporated (RGA), a Fortune 500 company, is among the leading global providers of life reinsurance and financial solutions, with approximately $3.5 trillion of life reinsurance in force and assets of $92.2 billion as of December 31, 2021. Founded in 1973, RGA today is recognized for its deep technical expertise in risk and capital management, innovative solutions, and commitment to serving its clients. With headquarters in St. Louis, Missouri, and operations around the world, RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, health reinsurance, facultative underwriting, product development, and financial solutions