Associate Actuary, Pricing

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

This role will support US Individual Life (USIL) entering a new market focused on universal life products. As a pricing actuary position, responsibilities will include coding products and transaction structures into actuarial pricing software, evaluating the impact of key actuarial risks and assumptions, and communicating results. Key attributes needed to help RGA succeed in this new growth area will include creativity, flexibility, and an entrepreneurial mindset.

Responsibilities

• Perform or assist with modeling of projected liability and asset exposures and other activities related to USIL universal life coinsurance opportunities (or other business as assigned), with a focus on balancing completeness and accuracy with speed and efficiency.
• Assist in the evaluation of existing and proposed actuarial assumptions, reviewing and / or developing appropriate sensitivity tests, key assumption scenarios, and projected financial results, providing meaningful interpretation of the analyses to department management and other key stakeholders.
• Assist in developing client deliverables under firm deadlines, including data requests, RFP responses, and supplemental communications.
• Contribute to the development and continuous improvement of framework, standards, and processes to enable these activities, especially in regard to modeling and assumption setting.
• Document the pricing analysis memorandum including the model development, assumptions used, key risks, experience analysis performed, key treaty terms, and results analysis.
• Maintain a consistent client-focus, both internally and externally. Foster positive relationships with USIL management and other RGA stakeholders such as Investments, Finance, Legal, and Valuation. Represent RGA well to clients and the industry.
• Support the USIL pricing team, such as performing technical and peer reviews, as needed.

Requirements

Preferred

What you can expect from RGA :

Compensation Range :

111,860.00 - $171,025.00 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 : $111,860 - $171,025