What are the responsibilities and job description for the Actuary, Consolidated reporting position at RGA Reinsurance Company?
You desire impactful work.You're RGA readyRGA 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 OverviewRGA'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 teamThe 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 ResponsibilitiesEnsure 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 requirementsWork with the local offices to ensure documentation, maintenance, and enhancement of PBR processes, procedures and controls are in placeCoordinate the development and review of assumption and / or model change documentation and implementationCoordinate to ensure necessary documentation and validations are complete for any new PBR models builtResponsible 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 analysisResponsible for ensuring all lines of business and company risks have been modeled in a reasonable, accurate, and repeatable mannerCoordinate, as needed, with other PBR teams within RGAKeep abreast of changes in regulations and impacts to our businessPerforms other duties as requiredRequirementsBachelor's degree in Actuarial Science, Math, Finance, Statistics, or a related fieldFSA accreditation7 years of actuarial experience in the life insurance industryAdvanced PC and technical skills, including database applications (Access, Oracle, SQL or equivalent technology) and spreadsheetsAdvanced ability to compile, analyze, refine, and interpret large amounts of financial data and projection model resultsAdvanced oral and written communication skills, demonstrating the ability to convey complex ideas in a way that is understandable by all stakeholdersAdvanced interpersonal skills, demonstrating the ability to work effectively with different disciplines, including valuation, investments, finance, accounting, and information technologyAdvanced investigative, analytical and problem-solving skillsAdvanced knowledge of life, health, and annuity productsAdvanced knowledge of US Statutory and Tax valuation and financial reportingKnowledge of one or more actuarial modeling systemsAbility to work well both independently and within a team environmentAbility to simultaneously contribute to multiple projects and meet tight deadlinesAbility to balance detail with department goals and objectivesPreferredAbility to program in Prophet and / or Moddy's AXISAdvanced project management skills, demonstrating an ability to leverage various resources and tools to reach a common goalReinsurance industry and product knowledgeWorking knowledge of US Principle Based reservingWhat 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 AnnualBase 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.
Salary : $132,430 - $202,455
