Job Description

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.

Working alongside senior actuaries and underwriters, this position will be instrumental in realizing the potential of new underwriting tools, evidence sources and technologies and determining their business impacts for RGA and its clients, sharing results internally and creating and delivering thought leadership content externally. The Associate Actuary, USIL Assumptions, develops key actuarial assumptions by analyzing retrospective studies, predictive models, protective value studies, underwriting requirements and risk selection programs. Evaluates data from new risk selection programs with limited experience to determine if the outcomes are matching the expectations, recommends improvements and/or assumption updates, and communicates and documents findings and recommendations as applicable.

Responsibilities

• Under the direction of the VP & Actuary, develop mortality, lapse and other assumptions based on thorough risk analysis and provide meaningful interpretation of the analyses to department management and other key stakeholders, both internal and external.
• Evaluate, proactively monitor the use of, and develop assumptions for new risk selection tools and programs.
• Participate in special projects, committees, meetings, and presentations with internal and external audiences.
• Maintain thorough documentation of risk selection tools and programs with less experience including assumptions developed, supporting analysis performed, peer review and process executed.
• Challenge and contribute to the development and continuous improvement of framework, standards, and processes to enable these activities.
• Perform peer reviews as needed.
• Assist others in the team and/or other departments to ensure appropriate analyses, key deliverables, and related, necessary actions are completed in a timely manner, as determined by project and business needs.
• Foster positive relationships, collaborate, and communicate professionally with key stakeholders and business partners, including senior executives and clients.
• Maintain regular and predictable attendance.
• Perform other duties as required.

Requirements

• Bachelor’s degree in Actuarial Sciences, Economics, Finance, Math, Statistics or related field
• FSA accreditation
• 6+ years of actuarial experience in life insurance and/or reinsurance
• Advanced actuarial technical skills
• Advanced knowledge of life insurance products and pricing
• Demonstrated understanding of reinsurance concepts and methods
• Advanced PC skills, including spreadsheet and database applications
• Demonstrated understanding of key assumptions, such as mortality and lapse, and the factors that influence them
• Ability to challenge and enhance analytical capabilities
• Understanding of experience studies, data analysis and protective value
• Advanced oral and written communication skills, including presentation skills, demonstrating the ability to convey business terminology that is meaningful and well received
• Advanced investigative, analytical and creative problem solving skills
• Advanced ability to translate business needs and problems into viable/accepted solutions
• Advanced interpersonal skills, demonstrating the ability to work effectively with different teams and disciplines across the organization and key external contacts
• Demonstrated flexibility and adaptability within a fluid environment
• Adaptable, self-starting and team-oriented
• Willingness to travel as needed

Preferred:

• 3-5+ years of experience in:
• Reinsurance pricing, and/or
• Life insurance pricing, and/or
• Life insurance assumption development, particularly mortality
• Publications in industry media and/or presentation at industry conferences, webcasts, etc.
• Advanced ability to compile, analyze, refine and interpret large amounts of data
• Ability to take ownership in projects and drive them to completion, including setting appropriate goals, coordinating resources, properly assessing risks, resolving issues, and communicating to key stakeholders in an appropriate and timely manner, while adapting to changing priorities
• Proficiency in statistical analysis tools (e.g. R)
• Advanced understanding of reinsurance concepts and methods
• Knowledge of reinsurance pricing frameworks

#LI-SP2 #LI-HYBRID

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.

We’re excited to get to know you and connect your unique skills with our global opportunities. To create a modern and seamless experience, we use artificial intelligence (AI) in parts of our preliminary screening process. This technology helps us personalize job recommendations, automate interview scheduling, evaluate candidates based solely on experience—without considering name, gender, or other personal details—and provide real-time answers through our chatbot. AI is used only during early screening and never makes hiring decisions. Your RGA recruiter will work closely with you every step of the way to ensure the process feels personal, thoughtful, and focused on you.

Compensation Range:

$117,730.00 - $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.