Senior VP, Pricing & Actuarial Strategy

RGA; Singapore; On-site; SGD 300,000 - 420,000; Full time

Job summary

RGA, a Fortune 200 company focused on life and health solutions, is seeking an experienced APFS Pricing leader for the Asia-Pacific region based in Singapore. You will guide pricing strategy, lead a multi-level pricing and structuring team, and partner with Business Development to capture new market opportunities across APAC.

The role demands senior actuarial excellence, strong people leadership, strategic thinking, and the ability to influence across corporate functions while driving value for

Qualifications

• Bachelor’s Degree in Finance, Mathematics, Actuarial Sciences, Statistics, or related field is required.
• Fellowship of the Society of Actuaries or equivalent actuarial qualification is required.
• 20+ years of actuarial experience in life insurance/reinsurance is required.
• 10+ years of management experience is required.
• Financial reinsurance, asset-intensive, or longevity pricing experience is preferred.
• Strong leadership, communication, and collaboration skills are essential.

Responsibilities

• Lead development of the regional pricing strategy and actively participate in operational planning, strategic planning, new initiatives, and deal planning meetings to assist in the leadership and influence the direction of the APFS Pricing team and in the management of the broader Regional APFS team.
• Lead the APFS pricing team with respect to pricing, modeling, risk analysis, structuring, and other activities related to specific new business development opportunities covering, but not limited to, Asset Intensive, Longevity and Capital Solutions.
• Lead specific projects and initiatives to develop new market opportunities across APAC to ensure the sustained growth of RGA. Examples include new product areas e. g. longevity, new market opportunities e. g. PRT, Closed Blocks etc.
• Lead in partnering with the Business Development to determine client needs and objectives, understand and analyze client information, and design terms and structures of transactions to meet those needs and objectives, including providing direction and guidance to all associates in the development of new markets, structures and product lines for APFS.
• Primary contact with corporate functions, including Enterprise Pricing and Financial Products team to ensure appropriate development of pricing standards, drawing on their support for complex transactions and the development of financial products whilst also representing APFS in corporate or cross-divisional committees or working groups affecting APFS functions or priorities.
• Lead multiple levels of managers to ensure effective people leadership within the APFS Pricing area, including, organizational design, talent acquisition, future skills planning, learning and development, career development, performance management, succession planning and total rewards and recognition.
• Lead discussions on complicated or delicate risk issues with internal and external clients. Communicate progress towards resolution and critical information to senior management.
• Assist with marketing efforts by supporting client development, writing articles for publication, presenting at industry meetings, participating in industry or professional committees, and/or developing marketing initiatives. Lead and assist others in doing the same.
• Utilizing expertise and knowledge, to support the work of the teams, and otherwise ensuring pricing integrity for the Regional Pricing team’s output whilst assisting in-force management personnel with monitoring experience of in-force treaties and developing ways to incorporate this feedback back into pricing and/or proactive mitigations / enhancement of financial returns.

Skills

People leadership

Strategic thinking

Communication

Negotiation

Project management

Stakeholder management

ALM modeling

Derivatives

Education

Bachelor’s Degree in Finance, Mathematics, Actuarial Sciences, Statistics, or related field

Fellowship of the Society of Actuaries or equivalent actuarial qualification

Job description

RGA, a Fortune 200 company focused on life and health solutions, is seeking an experienced APFS Pricing leader for the Asia-Pacific region based in Singapore. You will guide pricing strategy, lead a multi-level pricing and structuring team, and partner with Business Development to capture new market opportunities across APAC.

The role demands senior actuarial excellence, strong people leadership, strategic thinking, and the ability to influence across corporate functions while driving value for