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
The Actuarial Analyst will assist with pricing and product development work for existing and new business reinsured by RGA.
What you will do
- Deliver accurate and high quality quotes in line with RGA’s corporate standards and within agreed upon timelines.
- Analyze the tender request, particularly the benefit structure. Utilize this analysis and input from liaisons with underwriting and claims as well as product specs provided to adjust the basis to be used.
- Set up Axis cells, analyze Axis output and propose final set of rates.
- Once pricing or analysis has been completed, conduct reasonability checks and reconcile the results/output produced with previous data if possible. Areas of uncertainty should be highlighted for review.
- Collaborate with business development and other decision makers to produce the final result and construct a proposal which is suitable for the client.
- Document pricing assumptions and results adequately. Demonstrate flexibility in working approach.
- Help the team with ad-hoc client and project queries as and when they arise.
- Develop and maintain positive relationships within the team and with other functions in the business to foster effective collaboration
- Provide technical/actuarial support for the execution of our product development initiatives.
- Conduct and perform experience studies to help refine and improve the pricing models.
Qualifications
- Bachelor’s Degree in Actuarial Science or related degree required.
- Experience in insurance preferred.
- Proficient in Microsoft Office applications.
- Experience with Axis is highly preferred.
- Communication and interpersonal relations skills.
- Sense of organization and detailed oriented.
- Ability to work on several files simultaneously.
- Programming skills VBA, R, Python or SQL.
- Successful completion of at least one exam from the Society of Actuaries is required.
#LI – KW1
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.