Actuarial Development Associate
1 month ago
Position Overview
We are seeking a highly motivated and detail-oriented Actuarial Development Associate to join our team at Reinsurance Group of America. The ideal candidate will have a strong understanding of actuarial principles and practices, as well as excellent analytical and problem-solving skills.
Estimated Salary Range: $80,000 - $110,000 per year
Job Description:
The Actuarial Development Associate will support the development of actuarial systems and models, including the Prophet model. This will involve collaborating with cross-functional teams to design, develop, and implement new functionalities and features. The successful candidate will also be responsible for validating actuarial models, producing parallel Excel models for cash flow reconciliation, and gaining knowledge in MS Excel and Prophet.
Responsibilities:
- Develop and maintain actuarial systems and models, including the Prophet model.
- Collaborate with cross-functional teams to design, develop, and implement new functionalities and features.
- Validate actuarial models, including producing parallel Excel models for cash flow reconciliation.
- Gain knowledge in MS Excel and Prophet.
Requirements:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or equivalent.
- Completion of at least one exam with an accredited actuarial professional body is preferred but not required.
- Working experience in life insurance/reinsurance companies; previous financial reporting or reinsurance administration experience will be a plus.
- Proficient in Microsoft Office and database software such as Excel and Access applications.
- Knowledge of actuarial software Prophet is preferred but not required.
- Excellent command of spoken and written English.
- Self-motivated and able to work independently.
- Intellectual curiosity and the desire to learn.
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