Actuary, Corporate Modeling

Position Overview

The Actuary, Corporate Modeling will contribute to a wide range of enterprise-wide modeling initiatives, including embedded value, economic and required capital, earnings volatility, own risk and solvency assessment, and short-term financial planning. It involves extensive interaction with other RGA departments and offices to ensure that work products are accurate, reliable, and completed in a timely fashion. This is an opportunity to learn about the risk management framework and develop knowledge of the wide variety of products and markets in the global portfolio.

Responsibilities

• Provide technical expertise with respect to initiatives including economic capital, embedded value, Own Risk and Solvency Assessment scenario analysis, earnings volatility, and financial planning
• Serve as a flexible resource contributing to initiatives as needed
• Work to ensure that all lines of business and company risks have been modeled in a reasonable, accurate, and repeatable manner
• Aid business segments with respect to validating and managing their projection data and projection models
• Work to enhance the Company's projection and planning infrastructure
• Develop and execute project plans to meet department goals
• Contribute to special projects as requested by senior management
• Maintain regular and predictable attendance and perform other duties as required

Requirements

• Bachelor's degree in Actuarial Science, Math, Finance, Statistics or a related field
• FSA accreditation
• 7+ years of actuarial experience in the life insurance industry
• Advanced ability to investigate, analyze and solve complex problems and issues
• Advanced actuarial technical skills including an ability to develop analytics to detect and explain sources of variation from expectations in terms of key drivers
• Advanced knowledge of life, health, and annuity products
• Advanced ability to model various insurance products and reinsurance structures
• Advanced knowledge of GAAP, Statutory, and Tax valuation and financial reporting
• Advanced PC skills and understanding of actuarial systems - including spreadsheets, databases, and actuarial projection tools
• Advanced project management skills, demonstrating an ability to leverage various resources and tools to reach a common goal
• Ability to influence large global team to work together in delivering results
• Ability to work well both independently and within a team environment
• Ability to simultaneously contribute to multiple projects while meeting deadlines
• Advanced ability to adapt to new methods
• Ability to foster a teamwork and customer service focused environment
• Advanced oral and written communication skills, demonstrating the ability to convey complex ideas in a way that is understandable to all stakeholders
• Advanced interpersonal skills, demonstrating the ability to work effectively with different disciplines, including pricing, valuation, investments, accounting and IT

Preferred:

• Prior experience with and ability to program in Prophet, VBA and SQL
• Reinsurance industry and product knowledge
• In depth understanding of embedded value methodologies, economic capital modeling, and local regulatory frameworks
• Familiarity with life insurance company financial statements
• CERA and MAAA accreditation
• Economic capital experience
• Reinsurance experience
• Experience with embedded value and Solvency II reporting

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 $132,430 - $202,455 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.