Executive Director & Actuary, Enterprise ALM and Capital

Reinsurance Group Of America, Incorporated; Chesterfield (MO); Remote; USD 135,000 - 208,000; Full time

Job summary

Join a purpose-driven organization as an Executive Director & Actuary, where you will lead the development of capital frameworks in a collaborative environment. This role offers the chance to engage with diverse teams and gain insights into global insurance products while contributing to impactful financial solutions. As a key player in a Fortune 500 company, you will enhance your skills in actuarial science and project management, making a difference in financial protection accessibility. If you are ready to take on complex challenges and drive innovation, this position is for you.

Benefits

Annual bonus plan

Health benefits

Retirement plans

Flexible work environment

Long-term equity incentive plan

Qualifications

• 7+ years of actuarial experience in the life insurance industry.
• Ability to influence a global team and work on multiple projects.

Responsibilities

• Develop a framework for capital and balance sheet calculations.
• Provide technical expertise in regulatory reporting and financial planning.

Skills

Advanced problem-solving skills

Actuarial technical skills

Modeling insurance products

Communication skills

Project management skills

Education

Bachelor's Degree in Actuarial Science

FSA accreditation

Tools

Actuarial projection tools

Spreadsheets

Databases

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 500 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.

Position Overview

The Executive Director & Actuary, Enterprise ALM and Capital will serve as the lead resource for the development and management of the scenario-based capital and balance sheet framework for the enterprise. They are responsible for producing, analyzing, and communicating results. It involves extensive interaction with other RGA departments and offices to ensure that work products are accurate, reliable, and completed in a timely fashion. This is an opportunity to learn about different solvency based regulatory and risk management frameworks and develop knowledge of the wide variety of products in the global portfolio.

Responsibilities

• Develop a framework for consistent and efficient capital and balance sheet calculations, estimations, forecasting, and roll forwards for scenario-based regimes
• Serve as the lead resource for quarterly scenario-based capital and balance sheet calculations
• Provide capabilities and technical expertise with respect to other related initiatives including regulatory reporting, earnings and solvency volatility, scenario analysis, and financial planning
• Work to ensure that all lines of business and company risks have been modeled in a reasonable, accurate, and repeatable manner
• Aid business segments with respect to validating and managing their projection data and projection models
• Develop and execute project plans to meet department goals
• Maintain regular and predictable attendance and perform other duties as required

Requirements

• Bachelor’s Degree in Arts/Sciences (BA/BS) in Actuarial Science, Math, Finance, Statistics or a related field
• 7+ Years of actuarial experience in the life insurance industry
• FSA accreditation
• Advanced ability to investigate, analyze and solve complex problems and issues
• Advanced actuarial technical skills including an ability to develop analytics to detect and explain sources of variation from expectations in terms of key drivers
• Advanced knowledge of life, health, and annuity products
• Advanced ability to model various insurance products and reinsurance structures
• Advanced knowledge of GAAP, Statutory, and Tax valuation and financial reporting
• Advanced PC skills and understanding of actuarial systems – including spreadsheets, databases, and actuarial projection tools
• Advanced project management skills, demonstrating an ability to leverage various resources and tools to reach a common goal.
• Ability to influence a large global team to work together in delivering results.
• Ability to simultaneously contribute to multiple projects while meeting deadlines.
• Advanced ability to adapt to new methods
• Ability to work well both independently and within a team environment
• Advanced oral and written communication skills, demonstrating the ability to convey complex ideas in a way that is understandable to all stakeholders
• Advanced interpersonal skills, demonstrating the ability to work effectively with different disciplines, including pricing, valuation, investments, accounting, risk and IT
• Ability to foster a teamwork and customer service focused environment

Preferred

• Familiarity with life insurance company financial statements
• CERA and MAAA accreditation
• Economic, regulatory, and/or rating agency capital experience
• Reinsurance experience
• Experience with embedded value and Solvency II reporting

#LI-REMOTE #LI-SP2

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.

Compensation Range:

$135,850.00 - $207,700.00 Annual

Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.

RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.