Associate Actuary, Global Valuation

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

The Associate Actuary will be a strong contributor and emerging leader within a dynamic financial reporting and analysis group. Communicating with and maintaining excellent relationships with the Legal Entity, Corporate, Finance, Operations, Pricing, and Risk Management teams are also key components of the role.

The role also contributes to activities supporting corporate planning, risk reporting, the enhancement of financial models and infrastructure, assumption review, economic capital, value measures, and development of processes used within the valuation team. It is expected that the successful candidate provides general valuation, financial analysis, risk management, technical expertise and project assistance as needed.

This position may work remotely from locations in the US, APAC and Canada

Responsibilities

• Performs US GAAP, US Statutory, US Tax, risk management and/or consolidated reporting and analysis for life and annuity reinsurance
• Performs and/or reviews the implementation of actuarial models into the financial reporting platform
• Supports governance activities and the control infrastructure
• Develops experience monitoring tools, reviews actuarial assumptions, and makes recommendations on assumption updates as needed
• Maintains and enhances documentation
• Develops projections for financial planning and analysis and investigates major drivers of variance
• Supports the calculation and reporting of value measures
• Mentors associates and gives guidance on associate development
• Performs valuation work and ad-hoc department projects as needed and called upon
• Remains current in profession and industry trends
• Maintains regular and predictable attendance
• Performs other duties as required
  
  

Requirements

• FSA accreditation or equivalent
• 6 years of actuarial experience in life insurance/reinsurance
• Bachelor’s degree in Actuarial Science, Math, Finance, Computer Science, or related field
• PC and technical skills, including database applications (Access, Oracle, SQL, or equivalent), spreadsheets, statistical programs, and actuarial software (AXIS, Prophet, or equivalent)
• Advanced understanding of insurance financial metrics and analysis techniques
• Advanced understanding of actuarial assumptions and experience analysis methods
  
  

Preferred

• MAAA accreditation
• Prophet modeling experience in ALS, US 360, US NA, GAAP, and/or cohort libraries
• Familiarity with GAAP, Statutory, and Tax valuation and financial reporting
• Familiarity with traditional life insurance products, deferred and/or immediate annuities, fixed income investments, asset modeling techniques, and capital markets
• Familiarity with pension and other longevity products
• Valuation, Product development, stochastic modeling, and/or asset liability management experience
• Reinsurance industry, structuring, or merger and acquisition experience
• Advanced communication skills, demonstrating the ability to convey business terminology that is meaningful and well received by all stakeholders, including customers and associates
• Advanced interpersonal skills, demonstrating the ability to work effectively with different disciplines, including pricing, investments, accounting, systems, and administration
• Ability to manage multiple projects simultaneously
• Advanced analytical and problem-solving skills
• Ability to balance detail with departmental goals/objectives
• Ability to work independently and to work well within a team environment and participate in department projects
  
  

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

$114,750.00 - $175,450.00 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.