Demo

VP & Actuary, Pricing

RGA Reinsurance Company
Chesterfield, MO Full Time
POSTED ON 2/12/2025
AVAILABLE BEFORE 5/9/2025

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.

Job Overview

Leads, manages, and directs the development of pricing and risk analysis for opportunities within RGA's USIL. Provides critical pricing information and actuarial expertise for key stakeholders including department management, Business Development and Facultative Underwriting. Performs appropriate review and / or development of financial projections for potential reinsurance transactions.

Responsibilities

  • Leads pricing and risk analysis to set the parameters for USIL new reinsurance transactions.
  • Authorized to sign quote offers and treaties
  • Works closely with Business Development or acquisition team to understand the risks and reinsurance needs.
  • Directs development, develops and / or reviews financial models of reinsurance transactions.
  • Sets assumptions based on thorough risk analysis including experience analysis.
  • Manages maintenance of documentation of pricing analysis including assumptions used, experience analysis performed, results analysis and peer review.
  • Performs peer reviews of other pricing work.
  • Reviews treaty language pertaining to pricing analysis.
  • Follows RGA pricing standards.
  • Manages provision of pricing and product information to USIL administration.
  • Serves as leader and participates in special projects, committees, meetings and client presentations as required.
  • Maintains regular and predictable attendance.
  • Performs other duties as required.

Requirements

  • Bachelor's degree in Math, Finance, Actuarial Sciences, Statistics or related field
  • FSA accreditation
  • 10 years of actuarial experience in life insurance and / or reinsurance
  • Highly advanced actuarial technical skills
  • Intermediate PC skills and advanced understanding of actuarial systems - including spreadsheet, databases, and actuarial projection tools (AXIS, Prophet, ALFA, )
  • Comfortable using technology as an advanced tool
  • Expert knowledge of life insurance products, particularly GUL and associated financing structures (e.g. captives, etc)
  • Advanced understanding of reinsurance concepts and methods
  • Intermediate understanding of ALM concepts
  • Intermediate to advanced understanding of GAAP, statutory and tax accounting and reporting
  • Enjoys collaborating and partnering with clients. Adept at building trust and confidence
  • Can communicate ideas in a clear and concise manner. Can translate technical concepts into practical solutions
  • Highly advanced ability to adapt new methods; work under tight deadlines and stressful conditions.
  • Expert skills in managing multiple projects and / or sub-teams simultaneously
  • Expert ability to work well within a team.
  • Expert ability to liaise with individuals across a wide variety of operational, functional and technical disciplines
  • Expert persuasion and negotiation skills when working with internal / external customers to resolve issues / problems
  • Must be able to travel as required.
  • Preferred

  • Advanced knowledge of AXIS
  • 3 years experience pricing, managing or transacting ULSG products
  • Prior Experience pricing and transacting on block reinsurance deals
  • Member, American Academy of Actuaries (MAAA)
  • 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 :

    161,650.00 - $246,550.00 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 : $161,650 - $246,550

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