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Senior Longevity Actuary, GFS
4 months ago
You will be a key part of the GFS Longevity Product team, whose function is to drive the expansion of the longevity product. The Longevity team provides analytical expertise for the global development and data-driven solution in longevity product and pricing.
In this role you will support the development and implementation of initiatives in advancing our capabilities in longevity tools and processes, in longevity data warehousing in order to support longevity research, basis, predictive analytics, pricing and insights, in advancing the longevity geographically, and extending the longevity mandate.
This is a global role covering all longevity regions and is expected to work closely with a range of key stakeholders across our various longevity markets.
Global Financial Solutions' (GFS) line of business is one of RGA’s fastest growing lines of businessand accounts for over 50% of RGA’s consolidated income.
ResponsibilitiesLongevity Tools Development and Longevity Systems
- Work closely with actuaries and software engineers to design and develop longevity systems and tools, for use in longevity basis development, pricing and experience analysis. The objective is to bring the benefits of technology into the longevity areas and deliver efficiency, automation and scale.
- Direct actuaries and computer engineers to shape data management warehouses; identify datasets that are suitable for analytics and leads data retention and data purging
- This aspect of the role will involve working closely with software engineers, IT, research, and Longevity pricing and product teams.
Longevity Product
- Develop and apply longevity know-how in advancing longevity products geographically, supporting other regions in new business opportunities
- Apply longevity product and pricing domain domain knowledge to lead product management initiatives around profitability, longevity risk, longevity appetite, longevity capital, and so forth
- Re-shape and maintain the Longevity Product Mandate Identify and pull levers for sources of longevity earnings, and profits
- Develop expertise in various areas of longevity – ranging from capital, research, pricing, regulatory – to support and enhance the longevity product offering
- Bachelor's degree in Math, Statistics, Actuarial Science, Data Science, Finance, Computer Science or related field
- Fellow of the Institute and Faculty of Actuaries or Society of Actuaries, or equivalent actuarial qualification
- Essential to have longevity or annuity pricing experience
- Knowledge of life insurance, longevity, and/or annuity products
- Experience in actuarial modelling software such as Prophet, MoSes, and/or AXIS
RGA’s Commitment to Diversity, Equity, and Inclusion
RGA Aims to evolve RGA workplaces and the communities in which RGA has a presence, into more diverse, equitable and inclusive environments. We will create a culture where individuals are valued, feel a sense of belonging, and are respected for their differences – a workplace where all employees are encouraged and supported to reach their full potential.
Our individual, social, economic, and cultural identities shape and influence our experiences and perspectives. Therefore, to do our best work RGA will ensure diversity in our workforce across the various dimensions of social, interpersonal, and cultural identity -- and by practicing inclusivity in how we work with one another. Inclusion in our workplace is a step towards our purpose of making financial protection accessible to all .
Flexible Working
We support hybrid and flexible ways of working and would welcome a discussion on how we can balance what is important to you with business requirements during the recruitment process.
What can RGA offer you?
- Financial support with reference to Qualifications and Learning and Development Courses.
- Pension Package.
- Private Medical Insurance
- Life Assurance.
- Group Income Protection.
Company Overview
Reinsurance Group of America is one of the largest global life and health reinsurance companies in the world. With operations in 26 countries, we are the only global reinsurance company to focus primarily on life and health related reinsurance solutions.
Our core products and services include life reinsurance, living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting, and product development.
RGA has approximately $3.4 trillion of life reinsurance in force, assets of $84.9 billion, and a singular purpose: to make financial protection accessible to all.
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