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Senior Valuation Analyst

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.

POSITION SUMMARY

The Senior Actuarial Analyst will perform valuation/financial reporting and analysis of Korea business' financial result. The role will also contribute to the maintenance and enhancement of the financial forecasting system and analytic foundation by developing/maintaining actuarial models and processes used not only for regular reporting, but also to support unbiased business planning, economic capital refinement, capital planning, cash flow testing, and other such uses. The Senior Actuarial Analyst will provide general valuation, financial analysis, and project assistance.

KEY RESPONSIBILITIES

  • Produce and analyse US GAAP reporting including with providing guidance to junior member and lead the overall working process
  • Produce and analyse other Corporate initiatives such as embedded value, principle-based Economic capital and ORSA
  • Perform Annual business planning: projection and estimation of future cashflow and analysis of key profit indicators
  • Cooperate with other team members related to IFRS17, LDTI and K-ICS
  • Develop and maintain cashflow projection model for new and existing treaties
  • Perform experience studies for assumption review and implement basis changes required
  • Coordinates and summarizes financial information for internal and external users
  • Assists any other requirements with regard to local financial/regulatory reporting and management reporting
  • Recommends and participates in the development and enhancement of underlying processes
  • Performs other duties as required



REQUIREMENTS

  • At least Bachelor's degree in Math, Actuarial Sciences, Statistics
  • At least 7 years' experience of actuarial valuation in life insurance companies or capable of catching up quickly.
  • Actuarial software experience (prophet is preferred)
  • Experience in US-GAAP reporting is preferrable
  • Good understanding of Korea life insurance products and reinsurance treaties.
  • Good understanding and knowledge of IFRS17 and K-ICS.
  • Strong oral and written communication skills in both Korean and English.
  • Strong PC and technical skills including database applications (Access, Oracle, SQL, VBA)

Senior Valuation Analyst

Seoul, Südkorea
Full time

Published on 29/01/2022

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