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Senior Actuarial Associate

4 months ago


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

Responsibilities

  • Complete regular and ad-hoc experience study in cooperation with Data Administration and Pricing team. Ensures experience study works are appropriately documented with well control, and assists with identifying changing requirements and adapting to maintain compliance; Provide valuable suggestions for monitoring experience, setting actuarial assumptions and managing in-force business to serve needs of internal and external clients;
  • Supports IFRS 17 implementation;
  • Support to develop, maintain, and/or review actuarial models, methods and assumptions;
  • Support US/China Statutory, Tax, and GAAP valuation work for assigned business;
  • Support projections for financial planning and analysis and assists with communication of financial analytics and results in terms of major drivers of variance;
  • Supports quarterly and annual filings;
  • Performs valuation work and ad-hoc department projects as needed and called upon;
  • Maintains regular and predictable attendance;
  • Performs other duties as required;



Requirements

Experience:

  • ASA of SOA or equivalent;
  • 4 to 7 years of actuarial work experience;


Preferred:

  • Reinsurance experience is an asset;
  • Knowledge and familiarity with experience study and IFRS 17 is highly preferred;
  • Judgment in making practical, financially sound decisions;
  • Effective organizational and time management skills;
  • Ability to perform under pressure;
  • Excellent communications skills; fluency in both Chinese and English are essential;
  • Advanced SQL, Excel, Word and Visual Basic 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. Founded in 1973, RGA celebrates its 50th anniversary in 2023. 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 2023 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 $3.3 trillion of life reinsurance in force and assets of $82.7 billion as of September 30, 2022. To learn more about RGA and its businesses, visit .