Pricing Actuary

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.

A Brief Overview

• Assist in performing pricing, modeling, risk analysis, structuring, and other activities related to specific new business development opportunities for the Global Financial Solutions business unit.
• Assist in the pricing, modeling, risk analysis, and structuring activities on new or proposed transactions, or amendments to existing transactions, for the Global Financial Solutions business unit in a timely manner consistent with applicable standards as it relates to GFS business in Asia.
• Assess and analyze risk exposure in potential transactions.
• Review and provide feedback, in a timely manner, the work - including data, assumptions, modelling, sensitivity testing and documentation - of other actuaries as appropriate across all GFS business lines and specifically on projects in the relevant area of responsibility.
• Participate in ad-hoc department projects as needed.
• Assist risk management and operations personnel with monitoring experience of in-force treaties.
• Perform other duties as assigned.

Required Qualifications and Attributes:

• Bachelor's degree in Math, Finance, Statistics, Actuarial Science, Computer Science or related field
• FIA, FSA, FIAJ, Equivalent Certification or expected completion in the next two years
• 4-6 years of actuarial experience in Life Insurance/Reinsurance experience
• Demonstrated knowledge of life insurance, health insurance, third sector, longevity, and/or annuity products
• Experience with actuarial modeling software
• Good oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received
• Strong investigative, analytical and problem-solving skills
• Ability to balance detail with departmental goals/objectives
• Ability to translate business needs and problems into viable/accepted solutions
• Ability to manage multiple projects and/or teams simultaneously

Preferred Qualifications and Attributes:

• Advanced quantitative degree or designation
• Reinsurance industry experience
• Product design / pricing experience OR ALM / risk management experience (requirements vary with job level)
• Financial reinsurance, asset-intensive, or longevity pricing experience
• Knowledge of key financial reporting, accounting, and solvency regimes, including (but not limited to): US GAAP (including FAS 97, FAS 91, FAS 133, FAS 157, and SOP 03-1), US Statutory, and US tax; IFRS; MCEV / EV / EEV; and Solvency II.
• Ability to model various insurance products and reinsurance structures.
• Knowledge of life insurance, health insurance, longevity, and/or annuity products
• PC and technical skills including (but not limited to): spreadsheets (VBA), database applications (Access, Oracle, SQL or equivalent technology), statistical programs, and one or more computing languages (ex: C/C++)
• Expertise in MoSes, TAS10, TAS9.5, and/or AXIS
• Ability to challenge and enhance our analytical capabilities
• Understanding of asset modeling and ALM techniques, including derivatives, and capital markets approaches

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.