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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.
Brief Position Overview
The Valuation Actuary/Analyst will be a strong contributor and emerging leader within a dynamic financial reporting and analysis group. The focus of this position is on the production and analysis of RGA’s global financial solutions business. Communicating with and maintaining excellent relationships with the Legal Entity, Corporate, Finance, Operations, Pricing, and Risk Management teams are also key components of the role.
The role also contributes to activities supporting the enhancement of financial models and infrastructure, assumption review, value measures, corporate planning, risk reporting, economic capital, and development of processes used within the valuation team. It is expected that the successful candidate provides general valuation, financial analysis, technical expertise and project assistance as needed.
What You Will Do
- Performs Solvency II reporting
- Performs US GAAP, US Statutory and US Tax valuation for life and annuity reinsurance
- Performs and/or reviews the implementation of actuarial models into the financial reporting platform
- Serves as a liaison with other lines of business and company functions/departments to promote improvement in valuation and financial analysis for assigned business
- Enhances and supports governance activities and the control infrastructure
- Develops experience monitoring tools, reviews actuarial assumptions, and makes recommendations on assumption updates as needed
- Maintains and enhances documentation
- Develops projections for financial planning and analysis and investigates major drivers of variance
- Supports the calculation and reporting of value measures
- Mentors associates and gives guidance on associate development
- Performs valuation work and ad-hoc department projects as needed and called upon
- Remains current in profession and industry trends
- Maintains regular and predictable attendance
- Performs other duties as required
Qualifications
- Fellow of Institute of Actuaries or equivalent (or Associate to near-Fellow)
- 3+ years of actuarial experience in life insurance/reinsurance
- PC and technical skills, including spreadsheets, actuarial software (Prophet, AXIS, or equivalent), data analytics tools (Alteryx, Power BI, or equivalent), and database applications (Access, SQL, Snowflake or equivalent)
- Advanced understanding of insurance financial metrics and analysis techniques
- Advanced understanding of actuarial assumptions and experience analysis methods
- Bachelor’s degree in Actuarial Science, Math, Finance, Computer Science, or related field
- Prophet modeling experience
- Familiarity with Solvency II, GAAP, Statutory, and Tax valuation and financial reporting
- Familiarity with traditional life insurance products, deferred and/or immediate annuities, fixed income investments, asset modeling techniques, and capital markets
- Familiarity with pension and other longevity products
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.
