• Job Description

  Req#: UKIR00961
  
  Position Overview
  
  
  A fantastic opportunity has arisen at RGA for an Actuarial Pricing Analyst to support the growth of the company. The environment is dynamic, and career progression and development is an integral part of the job. We offer a competitive salary, benefits, and a generous study package for studying towards becoming an actuary. In addition, we put emphasis on providing excellent mentoring, training and development programmes and opportunities.
  
  
  Responsibilities
  
  
  As an Actuarial Pricing Analyst, you would work within the larger pricing team, working with qualified actuaries and other similar pricing analysts. The larger pricing team comes from a range of diverse backgrounds, including areas such as mathematics, engineering and statistics, but all have qualified or are studying towards becoming an actuary. To learn some of the skills required to be an effective Pricing Actuary, rotation into other actuarial or operations type roles might also be required.
  As a Pricing Analyst, your main responsibilities will include:
  
  Pricing and Modelling
  At the heart of what RGA does is provide life and health reinsurance to clients. Your primary responsibility will be to price reinsurance premiums for clients.
  The reinsurance market is a competitive one. This means our prices need to strike a balance between being competitive and profitable, which can only be done if we are confident that we have calculated the reinsurance prices as accurately as possible.
  Calculating these premiums involves building actuarial models that project life insurance policies into the future. These models will consist of a number of assumptions and features, such as individual mortality rates, interest rates, and capital requirements. Your job will be to help build these models to a high standard.
  
  Developing Technical Expertise
  At RGA, we place significant emphasis on development and career progression. As such, one of the key responsibilities of this role is to enhance and grow your technical expertise. This comes through developing a thorough understanding of RGA’s pricing standards, and also making good progress with the actuarial exams.
  RGA are committed to giving you the support you need to develop your skills and take your career to the highest level, and this is reflected in our generous study package. We will fully support your study towards qualification as an actuary – professional study materials, study leave, and significant rewards for making good progress.
  
  New Graduate Development Program
  You will be enrolled in RGA's New Graduate Development Program when you join. The program is designed to help you accelerate your knowledge of our business and empower you to grow your career. As an NGDP participant you will join a global cohort to participate in a variety of activities throughout a two-year program while gaining hands-on experience in this position.
  
  
  Requirements
  
  
  We are looking for a graduate who has (or is predicted to achieve) a first in mathematics or a related subject. You need to be analytically strong, highly motivated, and have a desire to pursue an actuarial career. Strong IT skills are a must, and some coding experience, while not necessary, would be desirable.
  
  Your role will usually involve working in a small team. Furthermore, you will also have to liaise with other departments within the company. It is therefore vital that you can have good interpersonal skills and can communicate effectively – both written and orally, within and outside of your team.
  
  As mentioned above, the reinsurance market is a competitive one, so we are looking for someone who is similarly driven and competitive; someone who enjoys learning and has a keen desire to challenge themselves.
  
  
  
  
  
  
  
  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?
  • Competitive salary
  • Financial support with reference to Qualifications and Learning and Development Courses.
  • 25 Days Annual Leave, Plus Bank Holidays.
  • 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.
  
  

• About the company

  At RGA, we specialize in providing life and health-related reinsurance and financial solutions to help our clients effectively manage risk and capital.

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