Manager, Pricing

Reinsurance Group of America, Incorporated; Kuala Lumpur; On-site; MYR 180,000 - 260,000; Full time

Job summary

RGA ready in Malaysia seeks a pricing actuary to join our team in Kuala Lumpur. You will price individual business through modelling, risk analysis and other new business development activities.

The role requires 5+ years of actuarial pricing experience, strong organization, and the ability to manage multiple projects while negotiating treaty terms with clients and supporting product development initiatives.

Qualifications

• Bachelor's degree in actuarial science, statistics, math, finance or related field.
• 5+ years of actuarial pricing experience; junior levels possible as Assistant Manager.
• Strong organizational, delivery orientation and multi-project management.

Responsibilities

• Coach junior staff to structure and develop pricing models for quotes meeting objectives.
• Ensure pricing procedures and pricing memos meet division standards.
• Collaborate with internal teams to build sustainable reinsurance solutions.
• Review actuarial work and provide sound pricing advice.
• Develop pricing basis for new business development initiatives.
• Document and obtain approvals for pricing basis under country mandate.
• Negotiate treaty terms with clients and ensure timely sign-off.
• Provide technical actuarial support for product development initiatives.
• Build relationships with client company counterparts.
• Support ad-hoc corporate and internal projects.

Skills

Actuarial pricing

Negotiation

Communication

Education

Bachelor’s Degree in actuarial science / math / finance

Job description

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

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

Pricing Actuaries are responsible for the pricing of individual business through modelling, risk analysis and other new business development activities.

What You Will Do

• Coach junior staff to structure and develop required pricing models to complete quotes that meet clients' objectives and RGA's minimum requirements.
• Ensure all pricing procedures, including preparation of pricing memo and peer reviews meet documented divisional standards.
• Work closely with internal counterparts to develop sustainable reinsurance solutions.
• Conduct review and provide sound advice for actuarial work.
• Conduct research and produce pricing basis for new business development initiatives.
• Ensure pricing basis are documented and approved for all reinsurance coverage allowed under the country mandate.
• Negotiate treaty terms with clients and ensure treaties are completed and signed in a timely fashion.
• Provide technical/actuarial support for the execution of our product development initiatives.
• Build strong relationships with counterparts of our client companies.
• Support ad-hoc corporate and internal projects

Qualifications

• Bachelor’s Degree in Arts/Sciences (BA/BS) in actuarial science, statistics, math, finance, or related fields required
• 5+ Years of actuarial working experience, relevant pricing experience a definite plus. Less experienced candidates may be considered as Assistant Manager required
• Highly organized, delivery-orientated with the ability to work with multiple concurrent projects required
• Highly motivated, results oriented and solutions focused required
• Ability to work effectively under pressure and demonstrate problem solving creativity required
• Strong interpersonal skills with the ability to negotiate and influence others required