Info: Candidate must be willing to relocate to Tokyo, Japan for this role.
You desire impactful work.
You'reRGA 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
This person will lead pricing workstreams and manage reinsurance quotations within the pricing function. In this role, s/he will conduct quantitative and qualitative risk analysis, provide financial quantification, and deliver actuarial recommendations to management for assigned quote opportunities. S/he will also enhance risk understanding through pricing basis development, R&D activities, risk monitoring, and increased coaching and project leadership to support junior team members development.
Responsibilities
- Independently develop, and lead junior team members to develop, bestestimate pricing assumptions and pricing models to deliver competitive quotes that meet clients objectives and RGA's minimum requirements
- Conduct independent technical and peer reviews, and provide sound actuarial advice on pricing methodology, assumptions, and results
- Ensure all pricing proceduresincluding pricing memos, technical reviews, peer reviews, and regional escalationsare fully compliant with RGA's internal pricing standards and country mandate
- Conduct research and experience analysis as the primary actuary, and lead junior team members to develop and periodically review pricing bases for all reinsurance coverage, ensuring they are current, documented, and approved
- Provide technical and actuarial support for product development initiatives by fully assessing product risks and recommending modifications to mitigate identified risks
- Support inforce management (IFM) by monitoring treaty and portfolio performance and identifying and escalating adverse trends in a timely manner
- Support business development by partnering with client counterparts and contributing actuarial insights that strengthen longterm client relationships and solution development
- Provide training, coaching, and guidance to junior staff to support capability development and consistent pricing standards and best practices
- Support treaty negotiation and execution by providing pricingdriven recommendations on treaty terms and working with the Head of Pricing and Treaty Specialists to ensure timely completion and signing
- Lead and support adhoc corporate and internal projects as required
Qualifications
- Bachelor's degree in actuarial science, statistics, math, finance, or related fields
- Qualified actuary (IAJ or equivalent globally recognized actuarial association)
- Minimum 10 years of actuarial working experience, familiarity with reinsurance or life insurance pricing is an advantage
- Advanced Excel skills are required and experience in using actuarial software, e.g. AXIS is preferred
- Knowledge of Japanese life insurance products is advantageous; candidates with strong international experience are also encouraged to apply
- Proficiency in English is required. Japanese language proficiency is preferred, and candidates without it should be willing to commit to learning Japanese on the job
- Ability to work independently with strong motivation and initiative, demonstrating clear ownership and accountability for results
- Open, honest and cooperative mindset; ability to collaborate effectively, foster a teambased work environment, and work with multiple stakeholders across the business
- Ability to derive and communicate commercial implications from numerical analysis to nontechnical personnel, with strong client service and excellent written and verbal communication skills
- Lead and support ad-hoc corporate and internal projects, including cross-functional initiatives
- Highly motivated, results oriented and solutions focused; ability to work effectively under pressure and demonstrate creative problemsolving
- Strong technical skills and attention to detail; ability to challenge and enhance existing analytical methodologies, and proactively identify business opportunities and areas for improvement
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 experiencewithout considering name, gender, or other personal detailsand 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.
