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
This position performs valuation/financial reporting duties for the EMEA region, ensuring timely and accurate financial results/projections across a variety of initiatives, including US GAAP reporting, Stat reporting, Tax reporting, financial planning, and capital reporting/planning.
This involves developing/maintaining actuarial models and assumptions, reviewing and communicating financial results, and working with other departments and offices to ensure that results are clear and understood.
Responsibilities
- Develops, maintains, and/or reviews actuarial models for assigned blocks of business.
- Performs Statutory, Tax, and GAAP valuation work for assigned blocks of business.
- Develops unbiased financial projections for assigned blocks of business and assists with the communication of financial results in terms of major sources of variance.
- Provides support to senior valuation actuaries and assists with special projects.
- Serves as a liaison with other valuation, administration, and accounting associates.
- Participates in the development and enhancement of underlying processes and recommends improvements.
- Maintains and enhances documentation
Requirements
- Bachelor's degree in Math, Finance, Actuarial Sciences, Statistics or related field
- At least one of P, FM, SRM, PA, FAM, ALTAM, and/or ASTAM actuarial exams completed
- Intermediate PC and technical skills, including database applications (Oracle, Vertica, SQL or equivalent technology), spreadsheets, and statistical programs
- Ability to compile, analyze, refine, and interpret large amounts of financial data/results and model projections
- Competent knowledge and understanding of actuarial concepts
- Ability to be flexible when needed, take initiative, and demonstrate accountability
- Intermediate 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
- Ability to set goals, multitask and prioritize workload
- 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
- Intermediate interpersonal skills
- Ability to translate business needs and problems into viable/accepted solutions
- Ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines and work well with all levels of management
- General business knowledge
Preferred
- Master's degree in Math, Finance, Actuarial Sciences, Statistics or related field
- 1+ years of actuarial experience in life insurance
- Competent in actuarial software (Prophet or equivalent)
- Competent understanding of key insurance-related concepts, including life products, reinsurance contracts, and basic GAAP, Statutory, and Tax accounting principles.
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:
$65,050.00 - $92,400.00 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.