Senior Assistant Actuary
Position Overview
RGA's culture stresses high performance and collaboration, and the company hires the smartest people in the industry. And, the smart people they hire are not just number crunchers. RGA values 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.
The Senior Assistant Actuary performs analysis and support, and runs projection models, assists in the evaluation of new business opportunities, performs renewal work, share client and portfolio monthly financial results and provides value added services to clients. This position assists in the evaluation of new business opportunities, performs renewal work, share client and portfolio monthly financial results and provides value added services to clients.
Responsibilities
- Perform modeling and risk analysis activities on new or proposed transactions, or amendments to existing transactions, in a timely manner consistent with applicable standards.
- Assess and analyze risk exposure in potential transactions and prepare documentation of these risks in detailed risk analysis reports.
- Assist with the development of financial models of reinsurance transactions.
- Follows RGA pricing standards.
- Participate in key unit and ad-hoc department projects as needed.
- Assists in the manipulation and interpretation of client data.
- Assists in the development of reinsurance agreements.
- Assists in the actuarial appraisals and due diligence of new business opportunities.
- Assists in supporting data analytical client analysis and tool development
Requirements
Education and Experience
Required:
- Bachelor's degree in Math, Finance, Statistics, Actuarial Science, Computer Science or related field
- ASA Certification with 1 or more FSA exams
- 4+ years actuarial experience in Life Insurance/Reinsurance
Skills and Abilities
Required:
- Candidate must be comfortable working in a remote/hybrid environment.
- Knowledge of life insurance, health insurance, longevity, and/or annuity products
- Ability to take ownership in projects and drive them to completion
- Experience with actuarial modeling software
- Advanced oral and written communication skills demonstrating ability to share and impart knowledge.
- Ability to quickly adapt to new methods, work under tight deadlines and stressful conditions.
- Advanced investigative, analytical and problem solving skills
- Advanced ability to set goals and handle multiple tasks, clients, and projects simultaneously; Ability to appropriately balance priorities, deadlines, and deliverables
- Ability to work well within a team environment and participate in department/team projects
- Ability to balance detail with departmental goals/objectives
- Advanced ability to translate business needs and problems into viable/accepted solutions
- Advanced skills in customer relationship management and change management
- Ability to manage multiple projects or teams and set applicable goals
- Advanced negotiating and persuasion skills
- Ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines
- General business knowledge
Company Overview
Discover Reinsurance - https://www.rgare.com/our-company/about-rga
Our history, purpose, partnership, reinsurance, RGA Central (client portal), industry recognition, and risk assessment.
Discover Your Purpose - https://www.rgare.com/careers/careers-overview
Join a community of people driven by the same purpose: to make financial protection accessible to all. What we do, work life worldwide, culture and purpose, diversity, equity and inclusion, career development, benefits, and balance, and becoming a candidate.
Discover RGA - https://www.rgare.com/
Reinsurance Group of America - Making financial protection accessible to all, solutions for every situation, RGA Knowledge Center, global insight locally delivered, our responsibility at RGA, newsroom, and policy and governance.
The general pay range for this position is $93,330-$143,500 per year. 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 maintains a full range of health, retirement, and other employee benefits.
#LI-LP1
#LI-Hybrid