Actuary & Executive Director

Position Overview

The Actuary & Executive Director manages and direct day to day departmental best estimate assumption activities , including evaluation of experience, implementation and validation within the assumptions model, preparing financial projections, and communicating results to Global Valuation and US Individual Life management teams. Provide training and review for subordinates as necessary and appropriate.

Responsibilities

• Lead team in annual best estimate assumption implementation, projection and validation, and providing appropriate financial impact analysis, reports, and other communications to the management teams and relevant departments.
• May lead activities for new business and in force transaction implementation with special attention given to ensuring that key assumptions for deals have been appropriately implemented. May oversee the development of in force projections and assessment of financial results.
• Oversee governance and control activities related to best estimate implementation, including documentation, approval process, and both internal and external audit reviews.
• Perform supervisory duties including, but not limited to; hiring, training, evaluating, coaching, and disciplining of direct reports. Foster a positive and engaged work environment. Mentor associates and give guidance on associate development.
• Fosters positive relationships with key stakeholders such as Global Valuation, US Individual Life, and Risk Management.
• Participates in key unit and ad-hoc department projects as needed.

Requirements

Education and Experience

Required:

• Bachelor's degree in Math, Finance, Actuarial Sciences, Statistics or related field

• FSA accreditation

• 7+ years of actuarial experience in life insurance
• 5+ years project lead, supervisory, or management experience

Skills and Abilities


Required:

• Advanced PC and technical skills, including actuarial software, spreadsheets and SQL
• Highly advanced people management skills, demonstrating the ability to lead, mentor, and develop associates; including the ability to delegate key areas of responsibility
• Highly advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received
• Highly advanced investigative, analytical and problem solving skills
• Expert ability to balance detail with departmental goals/objectives
• Advanced skills in change management
• Highly advanced ability to translate business needs and problems into viable/accepted solutions
• Highly advanced ability to manage multiple projects and/or teams simultaneously
• Highly advanced ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines
• Highly advanced persuasion and negotiation skills when working with internal/external customers
• Expert knowledge of life, health, and/or annuity products

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