Actuary, Risk & In-force Management, Americas Financial Solutions

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.

Overview

As Actuary Risk & In-force Management, Americas Financial Solutions, you will contribute to the development and implementation of ongoing monitoring processes and tools for the Capital Solutions line of business. Additionally, you will be responsible for:

• Effective risk and in-force management of globally assumed Capital Solutions products;
• Driving efficiencies in systems and processes to achieve scalability and improve controls;
• Leveraging the value in the in-force, through actionable analytics and business insights
• Supporting new business growth;
• Fosters positive relationships with key stakeholders (e.g. reinsurance administration, pricing, business development partners, corporate departments).

Key Responsibilities

Inforce Management and Data Analysis

• Develop and implement system tools to monitor all aspects of the inforce business
• Identify emerging issues, risks and deviations from expectations and escalate findings to management where necessary
• Develop and enhance models to monitor financial performance and risk metrics
• Contribute to the development of annual business plan
• Develop projections for Principles-Based Initiatives

Risk Management

• New Business Reviews
  
  • Using an in-depth knowledge of the key risks, conduct a comprehensive assessment of risk characteristics for proposed new transactions
  • Review the risk analysis and treaty documents for new or amended transactions, highlighting any potential areas of heightened risk, providing feedback/recommendations to support deal teams in treaty negotiations and to mitigate risk, escalating as necessary

• 2nd Line of Defense and Risk Assessments
  
  • Enhance framework for monitoring risk metrics in relation to key risks
  • Ensure effective monitoring of risk limits and KRIs, escalating issues with actionable recommendations

Leadership and Coaching

• Manage junior staff and co-op student performance to support department goals and objectives
• Support development of junior staff and drive team engagement

Requisites: Education, Experience, Skills & Abilities

• Fellowship designation in a recognized actuarial organization preferred (FSA, FIA, FCAS, FIAA)
• Undergraduate degree in related field
• Minimum of 7 years of relevant and related experience
• Advanced knowledge of life, health, and/or annuity products
• Advanced modelling and technical skills, including database applications, spreadsheets and statistical programs
• Advanced written and verbal communication skills, whereby complex and technical information can be conveyed in a way that is meaningful by all stakeholders, including senior management
• Advanced interpersonal skills, demonstrating the ability to work effectively with different stakeholders and disciplines across the company, including local offices, pricing, finance, treasury, valuation, investments, administration as well as external customers
• Effective project management skills
• Ability to work independently as well as within a team environment
• Strong service and result orientation and a drive to make a difference
• Ability to operate at both strategic and detailed levels, anticipate future needs, be proactive and adjust to constant change

Preferred:

• Previous reinsurance experience
• Knowledge of US GAAP, IFRS, Solvency 2
• Experience with GFS lines of business
• Experience with people management and the ability to lead/influence people who may not have a direct reporting relationship

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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:
$131,100.00 - $163,900.00 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.