Senior Actuarial Assistant, Pricing

Position Overview

The Senior Actuarial Assistant, under limited supervision, supports senior actuaries by developing, maintaining, and reviewing actuarial models used to analyze and price US Individual Life reinsurance new business and inforce opportunities as well as other technical support. Interacts with other RGA departments to ensure that department work products are portrayed correctly, understood, and completed in a timely fashion.

Responsibilities

• Design, develop and test AXIS pricing models to price the life business to ensure business meets profit expectations, client deadlines are met, and appropriate models are added/maintained in the new business pipeline.
• Contributes to the development, documentation, maintenance, and enhancement of processes, reports, and tools. Coordinates these activities as assigned.
• Serves as a liaison with other associates and departments as needed.
• Provides support to senior actuaries and participates in department or cross-functional special projects as needed and called upon.

Requirements

• Bachelor's degree in Math, Finance, Actuarial Sciences, Statistics, or related field
• At least 5 of P, FM, IFM, LTAM, STAM, SRM, PA, or FAP actuarial exams completed
• 2+ years of actuarial experience in life insurance
• Knowledge of life insurance, health insurance, longevity, and/or annuity products
• Intermediate knowledge of database applications (Access, Oracle, SQL, TOAD, or equivalent)
• Intermediate PC and technical skills, including spreadsheets, statistical programs and actuarial software
• Ability to compile, analyze, refine, and interpret large amounts of data
• Competent knowledge and understanding of actuarial concepts
• Ability to set goals and handle multiple tasks and projects simultaneously
• Ability to appropriately balance priorities, deadlines, and deliverables
• 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
• Intermediate investigative, analytical and problem solving skills
• Ability to work well within a team environment and participate in department/team projects
• Ability to balance detail with departmental goals/objectives
• Ability to translate business needs and problems into viable/accepted solutions
• Advanced skills in customer relationship management and change management
• Ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines and work well with all levels of management

Preferred:

• Master's degree in Math, Finance, Actuarial Sciences, Data Science, Statistics, or related field
• Reinsurance industry experience
• Advanced technical skills in business intelligence tools (Excel pivot tables, Tableau, etc)
• Advanced knowledge of SQL and VBA

Company Overview

Reinsurance Group of America, Incorporated (NYSE: RGA) is one of the largest global life and health reinsurance companies. With headquarters in St. Louis, Missouri, RGA supports clients and partners around the world through innovative approaches and customized solutions.

Founded in 1973, RGA celebrated its 50th anniversary in 2023.

• We are the only global reinsurance company to focus primarily on life- and health-related reinsurance solutions.
• Our core products and services include life reinsurance, living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting, and product development.
• RGA ranks #257 on the 2024 Fortune 500 list. The list ranks U.S.-based companies by total revenue.
• RGA has been named to Fortune magazine's 2023 and 2024 lists of the World's Most Admired Companies.
• RGA in Canada has been selected as one of Greater Toronto's Top Employers for 2024
• RGA has approximately $3.5 trillion of life reinsurance in force and assets of $87.4 billion as of September 30, 2023.

RGA aims to evolve RGA workplaces and the communities in which RGA has a presence, into more diverse, equitable and inclusive environments. We will create a culture where individuals are valued, feel a sense of belonging, and are respected for their differences - a workplace where all employees are encouraged and supported to reach their full potential.

Our individual, social, economic, and cultural identities shape and influence our experiences and perspectives. Therefore, to do our best work RGA will ensure diversity in our workforce across the various dimensions of social, interpersonal, and cultural identity - and by practicing inclusivity in how we work with one another. Inclusion in our workplace is a step towards our purpose of making financial protection accessible to all .

Flexible Working Environment

RGA supports hybrid and flexible ways of working and would welcome a discussion on how it can balance what is important to you with business requirements during the recruitment process.

Visit our Annual Review site, https://rgaannualreview.com , to find out more about us.

RGA offers an array of benefits, including flexible plans.

Pay is based on a number of factors, including market, a candidate's skills, and experience commensurate with a role, etc. salary range: $74,150 - $105,295 + bonus.