Pricing Actuary

Join to apply for the
Pricing Actuary
role at
Reinsurance Group of America, Incorporated
Join to apply for the
Pricing Actuary
role at
Reinsurance Group of America, Incorporated
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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.
Seniority level
Seniority level Mid-Senior level
Employment type
Employment type Full-time
Job function
Job function Finance
Industries Insurance
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