Senior Actuarial Analyst, Valuation

RGA Reinsurance Company; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

A global reinsurance firm in Kuala Lumpur is seeking a candidate responsible for corporate reporting and actuarial practice. The successful applicant will support reporting requirements for US GAAP and local statutory needs, assist in valuation processes, and ensure compliance controls. Candidates should have 2+ years in life insurance/reinsurance, analytical and data management skills, and knowledge of Prophet/AXIS modelling is preferred. This role offers the chance to gain valuable knowledge in a collaborative environment.

Benefits

Valuable knowledge from diverse colleagues

Respectful and welcoming environment

Endless career potential

Qualifications

• 2+ years of experience in life insurance/reinsurance.
• Knowledge of HK life insurance market/products preferred.
• Strong analytical and data management skills.

Responsibilities

• Support the reporting for US GAAP and US STAT.
• Assist in valuation process improvements.
• Conduct compliance controls on valuation data.

Skills

Analytical skills

Data management

Attention to detail

Collaboration

Education

Associate of Society of Actuaries

Tools

SQL

Excel

VBA

Prophet/AXIS modelling

Job description

Overview

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 be responsible for corporate reporting for the business, covering a wide range of valuation bases, financial metrics and business projections as required by the company, and also other areas of actuarial practice like assumptions. The role will provide the candidate with broad exposure to various management reporting and actuarial valuation knowledge.

What you will do

• Support the reporting requirements for US GAAP (e.g. LDTI) and US STAT (e.g. Principles Based Reserving), local statutory, and the analysis for management reporting;
• Support the quarterly LDTI valuation reporting process;
• Support the monthly reporting for hard and soft closing;
• Assist in valuation process improvement to achieve higher level of operational efficiency;
• Support assumption reviews and basis changes and communicate appropriate impact results and financial analytics;
• Compliance controls and audit checks on the valuation data and bases;
• Work closely with Finance, Administration and Pricing Teams to achieve goals;

Qualifications

• 2+ Years work experience in life insurance/reinsurance companies, with the knowledge of HK life insurance market/products being Preferred
• Prophet/AXIS modelling experience is preferred and a good understanding of SQL, Excel, VBA is required.
• Strong analytical, data management skills, work attitudes to details and ability to manage multiple tasks simultaneously; and Required
• Highly motivated, conceptual thinker who is able to collaborate in a team environment or work independently. Required
• Associate of Society of Actuaries or other equivalent actuarial bodies is preferred but not required Preferred

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.