Executive Director & Actuary, ALM

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.

Position Overview

The Executive Director & Actuary, ALM will contribute to a wide range of enterprise-wide initiatives, including ALM, risk return analysis, economic and required capital, earnings volatility, and short-term financial planning. It involves extensive interaction with other RGA departments and offices to manage ALM risk, optimize the global portfolio, and deliver actionable recommendations. 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

• Principal duties and responsibilities include:
• Provide technical expertise with respect to initiatives including ALM optimization, economic and required capital, scenario analysis, earnings volatility, and financial planning
• Participate in various global risk and global project committee meetings by bringing actionable information and recommendations to drive decision making
• Work to ensure that all company risks, constraints, and dimensions have been modeled in a reasonable, accurate, and repeatable manner and can support risk return tradeoff analyses, risk management policies, and informed decision making.
• Aid business segments with respect to validating and managing their ALM data, models, and metrics
• Work to enhance the Company's ALM projection, optimization, and analysis 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

Technical

• 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

Management

• 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

Communication

• 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

• CERA and MAAA accreditation
• Advanced experience with Prophet including the Asset Liability Strategy (ALS) Library
• Reinsurance experience
• Prior experience with and ability to program in Prophet, VBA and SQL
• Reinsurance industry and product knowledge
• In depth understanding of ALM methodologies, economic capital modeling, and local regulatory frameworks
• Familiarity with life insurance company financial statements

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:
$132,430.00 - $202,455.00 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.