Actuary, Consolidated reporting

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.

Position Overview

RGA’s culture stresses high performance and collaboration. We hire the smartest people in the industry and believe smart people work smarter when they’re empowered to use logic balanced with creativity and curiosity. RGA also values humility, and its employees work together without ego to bring value to RGA while revolutionizing the life and health insurance space. But more than anything, RGA employees love their jobs because it’s challenging and rewarding work. These are just a few of the attributes we are looking for in the Global valuation team

The individual in this role will primarily be responsible for the implementation, process development and monitoring of the US principles based reserving (PBR) requirements on the international business within RGA

Responsibilities

• Ensure complete end to end processes and controls are in place to calculate and report liabilities on a quarterly basis under both US statutory and tax requirements
• Work with the local offices to ensure documentation, maintenance, and enhancement of PBR processes, procedures and controls are in place
• Coordinate the development and review of assumption and/or model change documentation and implementation
• Coordinate to ensure necessary documentation and validations are complete for any new PBR models built
• Responsible for the preparation of the international section of the annual PBR report
• Coordinate any required internal projections for RGA’s Principle based initiatives including financial & capital planning and analysis
• Responsible for ensuring all lines of business and company risks have been modeled in a reasonable, accurate, and repeatable manner
• Coordinate, as needed, with other PBR teams within RGA
• Keep abreast of changes in regulations and impacts to our business
• Performs other duties as required
  
  

Requirements

• Bachelor’s degree in Actuarial Science, Math, Finance, Statistics, or a related field
• FSA accreditation
• 7 years of actuarial experience in the life insurance industry
• Advanced PC and technical skills, including database applications (Access, Oracle, SQL or equivalent technology) and spreadsheets
• Advanced ability to compile, analyze, refine, and interpret large amounts of financial data and projection model results
• Advanced oral and written communication skills, demonstrating the ability to convey complex ideas in a way that is understandable by all stakeholders
• Advanced interpersonal skills, demonstrating the ability to work effectively with different disciplines, including valuation, investments, finance, accounting, and information technology
• Advanced investigative, analytical and problem-solving skills
• Advanced knowledge of life, health, and annuity products
• Advanced knowledge of US Statutory and Tax valuation and financial reporting
• Knowledge of one or more actuarial modeling systems
• Ability to work well both independently and within a team environment
• Ability to simultaneously contribute to multiple projects and meet tight deadlines
• Ability to balance detail with department goals and objectives
  
  

Preferred

• Ability to program in Prophet and/or Moddy’s AXIS
• Advanced project management skills, demonstrating an ability to leverage various resources and tools to reach a common goal
• Reinsurance industry and product knowledge
• Working knowledge of US Principle Based reserving
  
  

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.
  
  

Compensation Range

$132,430.00 - $202,455.00 Annual

Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.

RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.