Actuarial Associate

1 month ago

Shanghai, China Reinsurance Group of America (RGA) Full time

Responsibilities

  • Researches, develops and maintains actuarial models, methods and assumptions;
  • Performs detailed US/China Statutory, Tax, and GAAP valuation work for assigned business, ensures these items are appropriately documented and posted, and assists with identifying changing requirements and adapting to maintain compliance;
  • Develops projections for financial planning and economic capital and analysis and assists with communication of financial analytics and results in terms of major drivers of variance;
  • Supports quarterly and annual filings;
  • Supports annual basis change;
  • Serves as a liaison with other valuation, pricing, administration, systems, accounting, audit, and finance associates;
  • Performs valuation work and ad-hoc department projects as needed and called upon;
  • Performs other duties as required;



Requirements

Experience:

  • Completes elementary exams of SOA or equivalent;
  • 1 to 3 years of actuarial work experience;


Preferred:

  • ASA of SOA or equivalent;
  • Familiarity with LDTI/China GAAP reporting and AXIS/Prophet are highly preferred;
  • Judgment in making practically and financially sound decisions;
  • Effective organizational and time management skills;
  • Ability to perform under pressure;
  • Excellent communications skills; fluency in both of Chinese and English are essential;
  • Advanced Excel, Word and Visual Basic skills；Basic SQL skills.



Company Overview

Reinsurance Group of America, Incorporated (NYSE: RGA), a Fortune 500 company, is a global industry leader specializing in life and health reinsurance and financial solutions that help clients effectively manage risk and optimize capital. With headquarters in St. Louis, Missouri, and operations around the world, RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, health reinsurance, facultative underwriting, product development, and financial solutions.

RGA has been named to Fortune magazine's 2024 list of the World's Most Admired Companies, an acknowledgement that reflects our legacy of innovation, dedicated client focus, community responsibility, commitment to diversity, and long-term value creation. RGA has approximately $3.7 trillion of life reinsurance in force as of December 31, 2023. To learn more about RGA and its businesses, visit www.rgare.com .

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