Reinsurance Group of America logo

Actuary

Reinsurance Group of AmericaMinneapolis, MN

$117,730 - $175,450 / year

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Overview

Schedule
Full-time
Career level
Senior-level
Remote
Remote
Compensation
$117,730-$175,450/year
Benefits
Health Insurance
Paid Vacation
401k Matching/Retirement Savings

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.

Position Overview

Assists in the development, maintenance, and use of pricing models and assumptions for group life, accident, accidental death and dismemberment, special risks, with the ability to provide technical peer reviews.

Responsibilities

  • Performs pricing and ad-hoc department projects as needed and called upon.
  • Provides technical peer review of pricing and department projects as needed.
  • Provides assistance with development of assumptions for pricing. Works to enhance pricing models.
  • Provides actuarial documentation of pricing projects and tools in compliance with actuarial standards of practice.
  • Presents work products through various outlets including external clients, internal meetings, and industry meetings. Summarizes and communicates findings, results, and contextual information with clear and impactful messaging appropriate to audience and purpose.
  • Foster and energize positive collaboration with key stakeholders, such as pricing, business development, underwriting, new business initiatives, risk management, external clients, etc.
  • Participates in internal and industry committees.

Requirements

  • Bachelor's Degree in Arts/Sciences (BA/BS) degree or equivalent experience in Math, Finance, Actuarial Sciences, Statistics, Data Science or related field
  • 7+ Years of actuarial experience in group life insurance
  • FSA designation
  • Advanced PC and technical skills, including database applications (Access, Oracle, SQL or equivalent technology), spreadsheets, statistical programs and actuarial software.
  • Advanced written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received by all stakeholders, including other RGA associates.
  • Advanced interpersonal skills, demonstrating the ability to work effectively with different disciplines, including pricing, investments, accounting, systems, and administration.
  • Advanced ability to model various insurance products and reinsurance structures.
  • Advanced ability to perform and evaluate experience studies.
  • Advanced project management skills. Demonstrates an ability to evaluate project objectives and scope for feasibility and understanding.
  • Highly advanced analytical and problem solving skills.
  • Highly advanced knowledge of group life and accident products.
  • Ability to multi-task and meet tight deadlines.
  • Ability to balance detail with departmental goals/objectives.
  • Ability to work independently and to work well within a team environment and participate in department projects

#LI-SP2 #LI-REMOTE

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.

Compensation Range:

$117,730.00 - $175,450.00 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.

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FAQs About Actuary Jobs at Reinsurance Group of America

What is the work location for this position at Reinsurance Group of America?
This job at Reinsurance Group of America is located in Minneapolis, MN, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Reinsurance Group of America?
Candidates can expect a pay range of $117,730 and $175,450 per year.
What employment applies to this position at Reinsurance Group of America?
Reinsurance Group of America lists this role as a Full-time position.
What experience level is required for this role at Reinsurance Group of America?
Reinsurance Group of America is looking for a candidate with "Senior-level" experience level.
Does Reinsurance Group of America allow remote work for this role?
Yes, this position at Reinsurance Group of America supports remote work, giving candidates the flexibility to work outside the primary office location.
What benefits are offered by Reinsurance Group of America for this role?
Reinsurance Group of America offers following benefits: Health Insurance, Paid Vacation, 401k Matching/Retirement Savings, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Reinsurance Group of America?
You can apply for this role at Reinsurance Group of America either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.