Actuary, Enterprise Pricing

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.
GENERAL SUMMARY
The Actuary is responsible for leading industry and biometric research and analytics to help guide RGA's global pricing goals and for providing pricing guidance, preparing best practices and advice to validate or complement the work done by RGA's regional and local offices. In particular, there will be a focus on emerging biometric pricing risks and the establishment of the Biometric Pricing Assumptions team. In addition, the Actuary will contribute to Enterprise Pricing thought leadership. This position reports to the VP, in the Enterprise Pricing team.
Location: The successful candidate could be based in RGA's office in Sydney, or in other RGA offices globally including Toronto, Canada; St Louis, US; or London, UK, potentially in a Fully Remote Work Arrangement.
PRINCIPAL DUTIES AND RESPONSIBILITIES
Provide pricing guidance and product best practices and advice, to influence, validate or complement the knowledge found in the regional and local offices, providing training and tools where necessary
Identify, research, and model the impact of emerging biometric risks. Produce pricing tools, documentation and guidance to meet new challenges and emerging pricing risks faced by local pricing teams and contribute to RGA's thought leadership content. Work with local offices on implementation of such tools.
Undertake benchmarking of key pricing assumptions such as long-term rates, mortality and morbidity trends, summarise findings and identify opportunities for further guidance or thought leadership
Provide cross-market comparisons and identify trends in Mortality and Morbidity products found in all global markets, acting as a bridge and reference point to bring new product ideas to selected markets with appropriate pricing infrastructure
Lead pricing consulting projects provided to local or regional teams or as requested by global initiatives
Contribute to RGA's global pricing community with active membership in product and pricing global working groups as requested
Support RGA's development and implementation of corporate pricing standards and policies, as requested
Perform other duties as requested
EDUCATION AND EXPERIENCE
FSA or equivalent accreditation
5+ years of individual mortality, longevity and morbidity (re)insurance experience
1-2 years of product/pricing actuarial experience at a senior level
Experience developing pricing bases and in particular experience in mortality and morbidity future trend assumptions would be highly valued
Advanced knowledge of pricing and reinsurance of individual life and living benefits products across a broad spectrum of products and/or countries
Proficient in AXIS (or similar) and Advanced MS Office Suite – Excel, Word, PowerPoint
Confident user of programming languages such as R
SKILLS AND ABILITIES
Advanced technical, analytical and problem-solving skills
Self-starter and self-motivated team player with entrepreneurial spirit
Strong communication and interpersonal skills
Ability to liaise with individuals across a wide variety of disciplines and geographies
Capable of multi-tasking and meeting tight deadlines with multiple stakeholders
Desire to improve existing processes; demonstrated ability to positively influence change
Ability to quickly understand and synthesize information
Willingness to travel as required
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
Mid-Senior level
Employment type
Full-time
Job function
Finance and Sales
Industries
Insurance
Note: This posting includes standard information about the role; candidacies will be reviewed on a rolling basis.
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