What are the responsibilities and job description for the Actuary, Pricing position at RGA Reinsurance Company?

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

Assists in the development, maintenance, and use of projection models and assumptions for pricing and for valuation, specifically for US individual health products, with the ability as well to provide technical peer reviews.

Responsibilities

Works to enhance the Company's projection models.
Provides assistance with the projections required for pricing and for valuation.
Provides technical peer review of pricing and valuation projections, and of experience studies.
Provides assistance with development of projection assumptions for pricing and for valuation.
Provides assistance with actuarial documentation of pricing and valuation projects.
Performs pricing and valuation work and ad-hoc department projects as needed and called upon.
Maintains regular and predictable attendance.
Performs other duties as required.

Requirements

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

FSA accreditation

7 years of actuarial experience in life or health insurance

Advanced PC and technical skills, including database applications (Access, Oracle, SQL

or equivalent technology), spreadsheets, statistical programs and actuarial software.

Advanced written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received by all stakeholders, including other RGA associates.

Advanced interpersonal skills, demonstrating the ability to work effectively with different disciplines, including pricing, investments, accounting, systems, and administration.

Highly advanced ability to model various insurance products and reinsurance structures.

Highly advanced ability to perform and evaluate experience studies.

Highly advanced project management skills. Demonstrates an ability to evaluate project

objectives and scope for feasibility and understanding.

Highly advanced analytical and problem solving skills.

Expert knowledge of life and health products.

Expert knowledge of GAAP, Statutory, and Tax valuation and financial reporting.

Ability to multi-task and meet tight deadlines.

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.

Preferred

MAAA accreditation

Stochastic modeling

Working knowledge of GLM or other statistical models

Expertise in Prophet or demonstrated ability to learn new actuarial valuation software

Understanding of asset modeling.

Familiarity with advanced economic-based financial reporting frameworks, such as Economic Capital and Embedded Value.

Reinsurance industry and product knowledge.

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.

Salary : $132,430 - $202,455

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