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Valuation actuary (12 month contract)

Callan
Reinsurance Group of America, Incorporated
€80,000 - €100,000 a year
Posted: 30 July
Offer description

Join to apply for the Valuation Actuary (12 month Contract) role at Reinsurance Group of America, Incorporated

Join to apply for the Valuation Actuary (12 month Contract) role at Reinsurance Group of America, Incorporated

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

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

The Contract Valuation Actuary position is a key 12 month role in the RGAI Corporate Actuary Team. They will work with the existing team to perform quarterly and annual Solvency II reporting tasks, including model runs, analysis and completion of submission templates. They may also assist with model uplifts and documentation as required, and may also support other teams across the wider EMEA Valuation Team where needed.

What You Will Do

Regulatory Reporting


* Maintain RGAI’s solvency II processes and models, working with other teams where required.
* Assist in RGAI’s Solvency II calculations (quarterly and annual).
* Assist in preparing regulatory returns (quarterly and annual).
* Assist in Solvency II documentation as required.
* Assist in other regulatory reporting requirements e.g. regulatory information requests, annual reporting.
* Assist in the annual assumption review
* Assist in Model Validation reviews as required

Risk Management

* Maintain RGAI’s risk management analytics tools, e.g. ORSA and ALM model, ensuring that risks are appropriately calculated and presented.
* Develop and deploy End User Controls (“EUCs”) in models as required.

Modelling

* Support RGAI’s model development.
* Work with other functions (e.g. IT) in developing and implementing enhanced processes and methods.

Other

* Support the Valuation Team in other work (within the Solvency II environment or across other EMEA Valuation Teams as required).
* Respond to ad hoc queries as required.
* Assist in coordinating relevant work across various offices and between various teams.

Qualifications

* Qualified actuary with 5+ years experience.
* 2+ years of experience post qualification in the life insurance or reinsurance industry.
* Good understanding and experience of the insurance industry.
* Experience in SII reporting is required.
* Proven experience interacting with multiple teams across time-zones.
* Experience in process and model improvement an advantage.

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

* Seniority level

Mid-Senior level


Employment type

* Employment type

Full-time


Job function

* Job function

Finance and Sales
* Industries

Insurance

Referrals increase your chances of interviewing at Reinsurance Group of America, Incorporated by 2x

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