Manager, Pricing

RGA Enterprise Services Company

Kuala Lumpur

On-site

MYR 120,000 - 180,000

Full time

3 days ago
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Job summary

RGA, a Fortune 200 company focused on life- and health-related reinsurance solutions, seeks a Pricing Actuary in Malaysia. The role involves developing pricing models, analyzing risk, and supporting product development across multinational clients.

You will mentor junior staff, ensure rigorous pricing procedures, and collaborate with internal teams to deliver competitive, compliant quotes. The successful candidate will bring 5+ years of actuarial pricing experience, strong technical skills, and

Qualifications

  • Bachelor's Degree in actuarial science, statistics, math, finance, or related fields required.
  • 5+ years actuarial working experience; pricing experience a definite plus; assistants/managers level considered for less experienced.
  • Highly organized and delivery-oriented with ability to handle multiple concurrent projects.
  • Strong interpersonal skills with ability to negotiate and influence others.
  • Qualified or close to qualified actuary with a globally recognized actuarial association required.

Responsibilities

  • Coach junior staff to structure and develop pricing models to meet client objectives and RGA minimums.
  • Ensure pricing procedures, including pricing memo preparation and peer reviews, meet standards.
  • Collaborate with internal teams to develop sustainable reinsurance solutions.
  • Review actuarial work and provide sound guidance.
  • Research and price basis for new business development initiatives.
  • Document and obtain approval for pricing bases for country mandates.
  • Negotiate treaty terms with clients and ensure timely execution of signed treaties.
  • Provide technical/actuarial support for product development initiatives.
  • Build relationships with client counterparts and participate in ad-hoc projects.

Skills

Actuarial pricing
Pricing modelling
Stakeholder management
Problem solving
Data analysis

Education

Bachelor's degree in actuarial science

Tools

Actuarial software

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

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
  • Strong technical skills and attention to detail required
  • Innovative, proactive and improvement oriented required
  • Ability to work independently and as part of a team and deal with multiple stakeholders within the business required
  • Qualified or close to qualified actuary with a globally recognized actuarial association required
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.

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