You're RGA ready
RGA is a purpose-driven organization working to solve today's challenges through innovation and collaboration. A Fortune 200 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
RGA'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 candidates for the Enterprise ALM and & Capital team.
The Senior Assistant Actuary, Enterprise ALM and Capital will play a key supporting role within RGA's Enterprise ALM and Capital team, assisting in the development, analysis, and management of scenario-based capital and balance sheet frameworks. This position is designed for a collaborative, detail-oriented professional who thrives in a high-performance environment and is eager to contribute to enterprise-wide financial and risk management initiatives. This role offers the chance to learn about solvency-based regulatory frameworks and risk management, while gaining insight into RGA's global product portfolio.
Responsibilities
- Assist in producing, analyzing, and communicating scenario-based capital and balance sheet results for quarterly and ad hoc reporting.
- Contribute to the development and maintenance of frameworks for capital and balance sheet calculations, approximations, forecasting, and roll forwards.
- Support regulatory reporting, earnings and solvency volatility analysis, scenario analysis, and financial planning activities.
- Aid in validating and managing projection data and models for various business segments.
- Coordinate with other RGA departments and offices to ensure accuracy, reliability, and timely completion of work products.
- Assist in the development and execution of project plans to meet departmental goals.
- Support enhancements to actuarial modeling, data flows, process automation, and technical infrastructure.
- Contribute to documentation and compliance for audit and regulatory reviews.
- Maintain regular and predictable attendance and perform other duties as required.
Requirements
- Bachelor's degree in Math, Finance, Statistics, Actuarial Science, or a related field
- ASA designation and at least 1 FSA exam passed
- 4+ years of actuarial experience in the life insurance industry
- Advanced PC and technical skills, including database applications (Access, Oracle, SQL, or equivalent technology) and Microsoft Excel
- Advanced oral and written communication skills
- Advanced interpersonal skills, demonstrating the ability to work effectively with different disciplines, including valuation, risk management, investments, finance, accounting, and information technology
- Advanced investigative, analytical, and problem-solving skills
- Knowledge of life, health, and annuity products
- Knowledge of GAAP, Statutory and Tax valuation, and financial reporting
- Ability to work well both independently and within a team environment
- Ability to simultaneously contribute to multiple projects and meet agreed deadlines
- Ability to balance detail with department goals and objectives
Preferred
- Proficient in data visualization tools like PowerBI or similar
- Proficient in using workflow tools like Alteryx, Power Automate, or similar
- Proficient in programming using SQL, R, Python or other programming languages
- Intermediate knowledge of actuarial modeling software
- Advanced project management skills
- Previous reinsurance experience
- Experience with statutory and/or US GAAP valuation frameworks, including reserve calculations, assumption setting, and financial reporting
- Exposure to statutory capital reporting, such as RBC, BSCR, or Solvency II, with an understanding of regulatory expectations and governance.
- Experience collaborating with finance, investments, IT and other departments
#LI-SP2 #LI-REMOTE
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:
$95,750.00 - $147,250.00 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.