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Reinsurance Group of America

Pricing Actuary

Posted 10 Days Ago
Be an Early Applicant
In-Office
2 Locations
Senior level
In-Office
2 Locations
Senior level
The Pricing Actuary will perform pricing, modeling, risk analysis, and support new business development for the APAC Financial Solutions unit at RGA.
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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.

A Brief Overview
Performs pricing, modeling, risk analysis, structuring, and other activities related to specific new business development opportunities for the APAC Financial Solutions business unit.
What you will do

  • Assist to perform pricing, modeling, risk analysis, and structuring activities on new or proposed transactions, or amendments to existing transactions, for the APAC Financial Solutions business unit 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.
  • Perform key analysis on experience study and transactions.
  • Develop and maintain adequate and timely documentation of personal work that complies with relevant ASOPs.
  • Assist to build proof-of-concept models for new opportunities or new reinsurance solutions for our clients.
  • Perform peer review on the work of other actuaries.
  • Assist risk management personnel with monitoring experience of in-force treaties.
  • Participate in key unit and ad-hoc department projects as needed

Qualifications

  • Bachelor’s Degree in Arts/Sciences (BA/BS) Math, Finance, Actuarial Sciences, Statistics, Computer Science or related field required
  • 5+ Years actuarial experience in life insurance/reinsurance required
  • Fluency in Korean required, knowledge of Korean insurance market preferred
  • Demonstrated understanding of key insurance-related concepts, including life and annuity products, reinsurance contracts, and basic GAAP, Statutory, and tax accounting principles required
  • Advanced PC and technical skills, including database applications, spreadsheets, statistical programs and actuarial software (AXIS, Prophet, MG-ALFA or equivalent) required
  • Ability to quickly adapt to new methods, work under tight deadlines and stressful conditions required
  • Advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received by all stakeholders required
  • Competent project management skills. Demonstrates an ability to understand project objectives and evaluate project scope for feasibility
  • Advanced investigative, analytical and problem solving skills required
  • Advanced interpersonal skills, demonstrating the ability to work effectively with different disciplines required
  • Broad business knowledge required
  • ASA accreditation, progress towards FSA designation required (or equivalent professional accreditation)

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.

Top Skills

Axis
Mg-Alfa
Prophet

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