Senior VP Global Valuation Governance & Actuarial Standards

Reinsurance Group Of America, Incorporated; Chesterfield (MO); On-site; USD 198,000 - 294,000; Full time

Job summary

Reinsurance Group Of America, Incorporated is seeking an experienced actuary to lead valuation governance and collaborate with senior actuaries across business units. You will drive governance improvements, coordinate with technical accounting, finance, internal controls, and investor relations, and guide global valuation policy development.

The role emphasizes leadership, complex analytics, and the mentoring of associates, with a focus on GAAP, Stat, and Tax valuation for life and health

Qualifications

• Bachelor’s degree in Math, Finance, Statistics, Actuarial Science or related field.
• Fellowship, Society of Actuaries (FSA)
• Member, American Academy of Actuaries (MAAA)
• 10+ years experience in life or health insurance or reinsurance.
• 5+ years experience in financial reporting and/or related analytical role involving mortality and/or morbidity based products (GAAP, Stat, Tax)
• Broad Understanding of Reinsurance product designs, pricing, administrative, accounting, and valuation requirements
• Understanding of the bases behind assumptions driving reinsurance pricing and valuation
• Advanced PC skills and understanding of actuarial systems – including spreadsheet, database, and actuarial projection tools
• Highly advanced actuarial technical skills and an ability to detect and explain sources of variation from expectations in terms of key drivers
• Exceptional people management skills, demonstrating the ability to lead, mentor, and develop associates; including the ability to delegate key areas of responsibility
• Expert ability in implementing change within an organization, ensuring understanding, participation, and ownership.
• Exceptional oral and written communication skills including presentation skills, demonstrating the ability to convey information in a way that is meaningful and well received by stakeholders and team members.
• Highly advanced ability to adapt new methods; work under tight deadlines and stressful conditions.
• Expert skills in managing multiple projects and/or sub-teams simultaneously
• Highly advanced ability to make timely and effective decisions and produce results through strategic planning and the implementation and evaluation of programs and policies.
• Highly advanced ability to implement organizational, divisional and/or departmental vision and goals that result in achievement and success through exceptional leadership skills, collaboration, creative thinking, maintaining focus, and persistence, even under adversity, while maintaining the confidence of associates and customers.
• Expert ability to work well within and manage a team.
• Expert ability to foster a teamwork and customer service focused environment.
• Expert ability to liaise with individuals across a wide variety of operational, functional and technical disciplines
• Expert persuasion and negotiation skills when working with internal/external customers to resolve issues/problems

Responsibilities

• Leads, manages, and directs corporate valuation governance. Collaborates with and through the senior actuaries for each business unit and various RGA offices to achieve compliance and reporting objectives.
• Performs management duties including, but not limited to, hiring, training, evaluating, coaching, and disciplining direct reports. Fosters a positive and engaged work environment. Mentors associates and gives guidance on associate development.
• Serve as key contact to centralize other corporate function areas including technical accounting, finance, internal controls, and investor relations.
• Maintain an enterprise community of practice for guidance, feedback loop, education, training, knowledge sharing, and talent development.
• Develops and leads the implementation of enhanced valuation governance, including expanded quarterly review of key metrics under multiple reporting bases.
• Leads, manages and directs all aspects of global assumption governance and assumption management.
• Provide global valuation business insight and guidance gained from liaising with external actuarial consultants.
• Leads, sets standards, or contributes to the preparation and maintenance of Global Valuation Policies including both accounting and statutory.
• Maintain regular and predictable attendance.
• Perform other duties as assigned.

Job description

Reinsurance Group Of America, Incorporated is seeking an experienced actuary to lead valuation governance and collaborate with senior actuaries across business units. You will drive governance improvements, coordinate with technical accounting, finance, internal controls, and investor relations, and guide global valuation policy development.

The role emphasizes leadership, complex analytics, and the mentoring of associates, with a focus on GAAP, Stat, and Tax valuation for life and health