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
This role will be one of the senior actuarial leaders in the Asia Regional Pricing team (Traditional) providing leadership to both regional and local pricing teams. He/she will work closely with Chief Pricing Actuary, predominantly on pricing related activities covering mortality, morbidity or other risks inherent in traditional reinsurance quotations, and collaborate closely with other business segments or functions to support development of other reinsurance structures offered by RGA.
What You Will Do
- Act as the reviewer / approver of pricing related matters, including assumptions and quote financials, in reinsurance quotations and pricing basis for the assigned markets, and provide timely technical guidance and feedback to the local pricing team when required
- Provide necessary support on biometric risk assessment and other quotation related support on asset intensive, coinsurance or related quotations
- Proactively reach out to business leaders on regular basis to understand local business needs, and provide actuarial and pricing advice or resource support when required
- Identify opportunities and initiate business initiatives that help optimizing capital management or deal structure, which ultimately enhance competitiveness of reinsurance quotations
- Provide thought leadership and strategic insights on actuarial matters to local markets
- Regularly review training needs of local pricing actuaries and proactively initiate appropriate training when required, with the objective to keep local pricing teams up-to-date on latest corporate and regional pricing standards, modelling and pricing practices
- Ability to take up actuarial leadership roles in local business units as Local Chief Pricing Actuary as required
- Represents RGA in internal (e.g. with Corporate Pricing) and external actuarial community meetings and conferences
Qualifications
- 15+ Years experience in life insurance or reinsurance required
- 5+ Years concreted experience managing actuarial teams required
- Pricing or valuation experience on USGAAP basis, and have good understanding on other internationally recognised reserving, capital and accounting basis in Asia regions
- AXIS or other actuarial modelling tools
- Thorough understanding of insurance business and products in Asia, including market dynamics and product features
- Organized, delivery-oriented with the ability to proactively manage stakeholder expectations
- Decisive and ability to make quick and appropriate decisions under stressed situations
- Persuasive with excellent negotiation, communication and presentation skills when working with internal stakeholders or external customers
- Client centric and customer focused; proactive and innovative
- Ability to adapt to and implement new pricing approaches
- Self-starter and work independently with minimal supervision
- Willing to travel internationally when required, and work flexibly to manage stakeholders in multiple time zones and tight timelines
- Fellow member in a globally recognized actuarial association (e.g. U.S., Canada, Australia or UK) with 10+ years of post-qualification experience
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.
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