Valuation Transformation Lead

Position Overview

The Valuation Transformation Lead - EMEA is a 18 month role within the EMEA Valuation Team. This key team member will drive the delivery of key projects in the region, aimed at streamlining processes, increasing automation and migrating work to enhanced tools. They will work with valuation and other teams (e.g. Risk, Finance) and support local and global reporting projects.

This individual will have the ability to understand and optimise processes and migrate calculations to new tools. They will be able to work with existing teams and internal specialists, and a wider project team, to transform how work is produced. They will do this with strong interpersonal skills and in an organised and future-focussed fashion.

Responsibilities

• Key Valuation resource for in the EMEA Valuation Team.
• Responsible for driving the delivery of transformation projects within the EMEA Valuation team, including but not limited to:
• Streamlining valuation processes (e.g. for Solvency II and US GAAP reporting): working with existing teams to understand current processes and facilitating the development and implementation of new processes (with appropriate checks and controls).
• Working with data scientists and IT specialists on the development, testing and deployment of advanced data management and calculation tools.
• Migrating calculations from Excel to new tools.
• Enhancing data checking tools.
• Providing training as required.
• Completing documentation to enable teams to follow new processes.
• Fosters a positive and engaged work environment, including mentoring and associate development.
• Supports the Regional Head of Valuation - EMEA in other project work as required.

Requirements

• Fellow of a recognized actuarial organization.
• 5+ years of experience in the life insurance or reinsurance industry.
• Experience in process optimisation and transformation projects: implementing change, ensuring understanding, participation and ownership across teams involved.
• Experienced with analytical tools, Alteryx, Power BI, R, Python etc plus knowledge of optimising Excel processes.
• LDTI or Solvency II experience in valuation, pricing or process development roles an advantage.

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.
• 27 Days Annual Leave, Plus Bank Holidays.
• Pension Package.
• Private Medical Insurance
• Life Assurance.
• Group Income Protection.

Company Overview

Reinsurance Group of America is one of the largest global life and health reinsurance companies in the world. With operations in 26 countries, we are the only global reinsurance company to focus primarily on life and health related reinsurance solutions.

Our core products and services include life reinsurance, living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting, and product development.

RGA has approximately $3.4 trillion of life reinsurance in force, assets of $84.9 billion, and a singular purpose: to make financial protection accessible to all.