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Assistant Manager, Corporate Actuarial

Position Overview

While focus is on local reporting for a wide range of business in the fast-growing markets in Hong Kong, the role also includes supporting other areas of practice like process / control enhancement, projections for capital modelling and risk management. The role will provide the candidate with broad exposure to various types of financial reporting for the corporate.

Responsibilities

  • Support the implementation of new requirements for HKRBC and the integration into the valuation process.
  • Support the implementation of valuation for new product types into the business.
  • Involved in the end-to-end process for HKRBC and IFRS17 valuation and reporting process. This includes scope confirmation, input preparation and review, models and tools run execution, results output, and results review.
  • Support the ongoing enhancement of the valuation and reporting process by developing any change in practices to improve work efficiency, e.g., by different approach, streamlining data requirements, automation, etc. Maintains, documents, and supports results, approaches, and controls used to produce and monitor results.
  • Support experience studies and assumption settings for new types of business.
  • Support any projections for capital and communicates appropriate validation results and financial analytics.
  • Compliance controls and audit checks on the valuation data and bases;
  • Review works performed by more junior members of the team;
  • Support other ad hoc analysis as required.



Requirements

  • Associate or close to Fellow of Society of Actuaries or other equivalent actuarial bodies;
  • 2 to 5 years' working experience in life insurance/reinsurance companies;
  • Experience in either HKRBC or IFRS17 reporting;
  • Prophet modeling experience is preferred and a strong understanding of Excel, VBA and SQL; working knowledge on Alteryx is a plus;
  • Strong analytical, data management skills, work attitudes to details and ability to manage multiple tasks simultaneously; and
  • Highly motivated, conceptual thinker who is able to collaborate in a team environment or work independently and take a leading role in a wide variety of assignments.



Company Overview

Reinsurance Group of America, Incorporated (NYSE: RGA), a Fortune 500 company, is a global industry leader specializing in life and health reinsurance and financial solutions that help clients effectively manage risk and optimize capital. 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.

RGA has been named to Fortune magazine's 2024 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 has approximately $3.7 trillion of life reinsurance in force as of December 31, 2023. To learn more about RGA and its businesses, visit www.rgare.com .

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 .

Assistant Manager, Corporate Actuarial

Hongkong
Full time

Published on 13/05/2024

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