Associate Actuary, Risk & In-Force Management, EP&FP

RGA Enterprise Services Company • Remote (Missouri, United States) • 2w ago

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

The Associate Actuary, Risk & In-Force Management, EPFP performs ALM and In-Force management analysis for RGA's Enterprise Pricing & Financial Products group. The successful candidate will:

support production of quarterly ALM reporting, treaty compliance, and completes in-force management reporting for asset-intensive treaties;
participate in key unit projects and performs ad hoc requests assigned to the risk management unit.

Key Responsibilities:

Models asset and liability behavior under different financial shocks
Integrates results from asset and liability models to form a comprehensive view of each treaty
Projects evolution of spread income and GAAP financial results for treaties under different scenarios
Tracks quarterly experience for in-force treaties and assists with experience analysis to explain unexpected results
Develops reports highlighting recent experience and performance trends
Works with pricing actuaries to understand the major risks for in-force treaties and assists with the ongoing management of those risks
Assists with the development of the annual EPFP financial plan
Assists other areas within EPFP or RGA in the development and validation of projections for EPFP business
Builds and maintains strong relationships with other EPFP and Risk Management team members
Participates in key unit and ad-hoc department projects as needed

Candidate Requisites:

Education & Experience

Bachelor's degree in Math, Finance, Statistics, Actuarial Science, Computer Science or related field
FSA Certification and 6+ years actuarial experience in Life Insurance, annuities and/or reinsurance OR ASA accreditation and 10+ years of actuarial experience in Life Insurance, annuities, and/or reinsurance

Preferred:

Reinsurance industry experience
ALM / risk management experience OR Product design / pricing experience
CFA/CERA or other asset/risk-based credentials
Programming experience is a plus

Skills & Abilities

Intermediate PC and technical skills, including database applications (Access, Oracle, SQL or equivalent technology), spreadsheets, statistical programs and actuarial software (Prophet, AXIS, or equivalent)
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 the ability to share and impart knowledge
Ability to set goals 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 foster customer service as needed
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:

Ability to program in VBA or C++
Competent understanding of key insurance-related concepts, including life and annuity products, reinsurance contracts, and basic GAAP, Statutory, and tax accounting principles
Competent understanding of derivative usage and other risk mitigation strategies
Demonstrated expertise in improving efficiencies through automation of repeatable processes.

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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:

$114,750.00 - $175,450.00 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.