Associate Actuary, ALM

Reinsurance Group of America•Chesterfield, MO

4d•Remote

About The Position

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 200 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 of actuarial models and frameworks to deliver actionable risk management decisions. This role will work closely with and collaborate with Global Modeling, other Global Valuation teams, Risk, Finance and Investment 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.

Requirements

Bachelor's degree in Actuarial Science, Math, Finance, Statistics, or a related field
FSA Certification and 6+ years actuarial experience in Life Insurance, annuities and/or reinsurance
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

Nice To Haves

Reinsurance experience
Experience with US GAAP long-duration targeted improvements, US Statutory 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
Intermediate ability to python or other
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
Reinsurance industry and product knowledge

Responsibilities

Serve as a resource for the continued improvement of the formal ALM model and report
Coordinate and contribute to the development, documentation, maintenance, and enhancement of processes, procedures, and controls associated with ALM models and reports
Coordinate and contribute to the development of framework, tools and methodologies to measure ALM exposures and market risks under various economic scenarios
Support in 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
Coordinate and collaborate with cross-functional partners to ensure that all company risks, constraints and dimensions are assessed and modeled in a reasonable, accurate and repeatable manner to support risk management, strategic analysis and inform decisions
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