Associate Actuary, ALM

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.

Position Overview

RGA’s culture stresses high performance and collaboration. We hire the smartest people in the industry and believe smart people work smarter when they’re empowered to use logic balanced with creativity and curiosity. RGA also values humility, and its employees work together without ego to bring value to RGA while revolutionizing the life and health insurance space. But more than anything, RGA employees love their jobs because it’s challenging and rewarding work. These are just a few of the attributes we are looking for in ALM.

This role will contribute to the development, improvement, and governance of the company’s ALM framework. Assignments will include supporting the development, documentation, and implementation of ALM strategy, and assisting with the development of actuarial models and frameworks to deliver actionable risk management decisions. This role will work closely with and collaborate with the Global Modeling, other Valuation teams, Global Risk, and Investments Teams. This high-profile role within the ALM area of Global Valuation involves exposure to the company’s global product portfolio and extensive interaction with associates in other departments and offices.

Responsibilities

Serve as a resource for the continued improvement of the formal ALM model

Coordinate and contribute to the development, documentation, maintenance, and enhancement of processes, procedures, and controls associated with ALM models

Coordinate and contribute to the development of tools and methodologies to measure ALM exposures and market risks under various economic scenarios

Develops expertise across all aspects of ALM and acts as a go-to resource for troubleshooting and answering questions coming from the reporting/analysis teams on these models and their uses.

Serves as a liaison with other lines of business and company functions/departments to promote improvement in valuation and financial analysis for assigned business

Develop and execute project plans to meet department goals

Participate in department or cross-functional projects as needed and called upon

Maintain regular and predictable attendance and perform other duties as required

Requirements

Bachelor’s degree in Actuarial Science, Math, Finance, Statistics, or a related field

FSA Certification

6+ years actuarial experience in life insurance industry

Advanced experience with Prophet including the Asset Liability Strategy (ALS) library

Advanced PC and technical skills, including database applications (Access, Oracle, SQL or equivalent technology), spreadsheets, and pivot tables

Advanced oral and written communication skills, demonstrating the ability to convey complex ideas in a way that is understandable by all stakeholders

Advanced interpersonal skills, demonstrating the ability to work effectively with different disciplines, including valuation, risk management, investments, finance, accounting, and information technology

Advanced investigative, analytical, and problem-solving skills.

Knowledge of life, health, and annuity products

Knowledge of GAAP, Statutory and Tax valuation, and financial reporting

Ability to work well both independently and within a team environment

Ability to simultaneously contribute to multiple projects and meet agreed deadlines

Ability to balance detail with department goals and objectives

Preferred

Reinsurance industry experience

Experience with US GAAP long-duration targeted improvements and/or IFRS 17

Advanced project management skills, demonstrating an ability to leverage various resources and tools to reach a common goal

Intermediate ability to use data visualization/workflow tools, such as Tableau and Alteryx

Experience as a Product Owner or with supporting IT development from the business side.

Knowledge of one or more actuarial modeling systems

Reinsurance industry and product knowledge

In depth understanding of US Statutory

Familiarity with life insurance company financial statements

#LI-REMOTE #LI-SP2

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.

J23360

Remote/Remotely/Tele/Telecommute/From home