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
Leads and manages the actuarial function for pricing, value-added services, marketing and product development for RGA U.S. Group Reinsurance's Group Life and Accident and Special Risk business unit. Works closely with the business development and marketing underwriters in setting and executing strategic goals.
Responsibilities
- Leads pricing and risk analysis to set assumptions for RGA Group Life, Accident, and Special Risk new and continuing transactions.
- Works closely with Business Development, Underwriting Teams, and Actuarial Teams to understand the risks and insurance needs.
- Writes and virtually presents RGA's Quarterly Earnings Summary, a value-added service covering group life and disability insurers' quarterly financial performance.
- Performs thorough risk analysis, including experience analysis.
- Manages maintenance of actuarial memo/pricing memo documentation, including assumptions and methods used, experience analysis performed, results analysis, technical review and peer review.
- Maintains and monitors deployment of the Rules of Engagement and Concentration Risk Guidelines. Follows RGA pricing standards.
- Fosters a positive and engaged work environment. Mentors associates and gives guidance on associate development.
- Serves as leader and participates in special projects, committees, meetings and client presentations.
- 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
- Expert knowledge of life insurance products
- Advanced ability to model various insurance products and reinsurance structures
- Advanced ability to challenge and enhance analytical capabilities
- Intermediate understanding of GAAP, statutory and tax accounting and reporting
- Expert ability in implementing change within an organization, ensuring understanding, participation, and ownership
- Highly advanced oral and written communication skills including presentation skills, demonstrating the ability to convey information in a way that is meaningful and well received by stakeholders and team members
- 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
- Highly advanced ability to make timely and effective decisions and produce results through strategic planning and the implementation and evaluation of programs and policies
- Highly advanced ability to implement organizational, divisional and/or departmental vision and goals that result in achievement and success through exceptional leadership skills, collaboration, creative thinking, maintaining focus, and persistence, even under adversity, while maintaining the confidence of associates and customers
- Expert ability to work well within and manage a project team
- Expert ability to foster teamwork and a customer service focused environment
- 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
- Member, American Academy of Actuaries (MAAA)
- 5-7+ years of supervisory experience
- Advanced knowledge of group life insurance
- Familiarity with database applications
- Advanced life insurance and/or 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:
$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.