Assistant Manager, Valuation

You desire impactful work.

You're RGA ready

RGA is a purpose-driven organization working to solve today's challenges through innovation and collaboration. A Fortune 500 Company and listed among its World's Most Admired Companies, we're the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.

General Summary

• Perform monthly valuation work to comply with LDTI, Indian Statutory requirements and any other potential reporting basis.
• Perform and /or review the workings of experience analysis
• Perform a review of the valuation assumptions and update the documentation for this based on the experience analysis and other analysis performed
• Perform any project-like activity as may emerge from time to time
• Data Analysis and review of inputs received from Data Administration team
• Preparing documentation required for modelling and performing validations on new models constructed

Key Responsibility

• Perform monthly valuation work for LDTI, Indian Statutory requirements or any other potential reporting, prepare necessary summary reports of the monthly valuation results and explain movements in reserves
• Assist senior colleagues in gathering inputs required for preparing the regulatory forms and filings
• Perform experience analysis with most recent data on annual basis on different lines of business and reconcile results with results from previous years as well as the financials
• Work with International Experience Study team and ensure all the best practices are implemented
• Perform a review of the valuation best estimate assumptions and update the documentation basis the experience analysis results, and other analysis performed
• Collaborate with pricing team and admin team to gather necessary inputs for the purpose of building and updating models
• Review the assumptions used in models with those documented for the valuation basis and reconcile the cashflows generated from the models by replicating them in spreadsheets and feeding the findings to the colleague building the models
• Develop reporting calendar and maintain it
• Identify policy data issues and work with admin team to fix the issues
• Standardize and document all the analysis process
• Support the senior members of the team to develop Business Plan and work related to Embedded Value and Economic Capital
• Work on an any project that may arise from time to time

Education and Experience

• 2-4 years' relevant experience in the Actuarial area
• Completion of min of 5-7 Actuarial papers
• Bachelor/Master degree in Statistics from any reputed Institutions

Skills and Abilities

• Sound knowledge of Advanced Excel, VBA & SQL programming
• Knowledge of Prophet will be preferable
• Having good understanding of experience analysis and associated areas
• Should have strong soft and business skills to contribute to business results

What you can expect from RGA:

• Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
• Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
• Join the bright and creative minds of RGA, and experience vast, endless career potential.