Actuarial Analyst/Senior Actuarial Analyst

Reinsurance Group of America, Incorporated; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

Reinsurance Group of America, Incorporated in Malaysia seeks an Actuarial Analyst to assist in US GAAP and statutory reporting and related projects. The role supports valuation and management reporting, improves processes, and contributes to economic valuation analyses.

The ideal candidate has 2–4 years of life insurance/reinsurance experience, solid Excel/SQL skills, and exposure to actuarial modeling. Strong analytical abilities and teamwork are essential.

Qualifications

• Progress in SOA exams or equivalent actuarial bodies.
• 2–4 years in life insurance/reinsurance with US GAAP experience preferred.
• Strong Excel and SQL, Alteryx is a plus; actuarial modeling experience preferred.

Responsibilities

• Assist in production, analysis and reconciliation of valuation and management reporting across US GAAP, STAT and TAX bases.
• Support ongoing process improvement initiatives within the valuation team to enhance efficiency, controls, and timeliness.
• Contribute to economic valuation projects, including EC and related analysis.
• Perform valuation projections and model runs for statutory, corporate and regulatory reporting.
• Assist in development and documentation of Best Estimate Assumptions, including experience studies.

Skills

Excel

SQL

Actuarial modeling

Financial reporting

Education

SOA exams progress

Tools

Alteryx

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.

A Brief Overview

The successful candidate will assist in US GAAP and statutory reporting processes and project.

Key Responsibilities:

• Assist in production, analysis and reconciliation of valuation and management reporting across US GAAP, STAT and TAX bases.
• Support ongoing process improvement initiatives within the valuation team to enhance operational efficiency, control effectiveness, and reporting timeliness.
• Contribute to economic valuation projects, including EC and other related analysis.
• Perform financial projections and model runs in support of statutory, corporate and regulatory reporting exercises.
• Assist in the development, review and documentation of Best Estimate Assumptions, including experience studies analysis.
• Conduct result analysis, impact assessment, and scenario testing, and help explain key movements and drivers.
• Support the development, enhancement, and implementation of actuarial models, including testing and validation activities.
• Perform valuation controls, data validation and audit checks to ensure compliance with internal governance, SOX and audit requirements.
• Provide support on ad-hoc analyses and projects as required by the team.

Requirements:

• Some progress in Society of Actuaries exams or other equivalent actuarial bodies.
• 2 to 4 years’ work experience in life insurance/reinsurance companies, with the knowledge of HK life insurance market/products being a plus.
• Hands on experience from valuation or financial reporting, ideally on US GAAP reporting but not a must.
• Strong proficiency in Excel and SQL; experience with Alteryx is an added advantage. Actuarial modeling experience is preferred.
• Strong analytical, data management skills, work attitudes to details and ability to manage multiple tasks simultaneously.
• Highly motivated, conceptual thinker who is able to collaborate in a team environment or work independently and take a leading role in a wide variety of assignments.
• Candidate with less experience will be considered for Actuarial Analyst.

#LI-JL1

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.