Chief Valuation Actuary
4 days ago
The Reinsurance Group of America seeks a highly motivated and experienced Chief Valuation Actuary to join our team in the Asian region. This role is responsible for providing strategic leadership and support to the Asian region on US GAAP financial reporting and analysis, Prophet model development, experience studies, embedded value reporting, business planning, and various global and regional initiatives.
About UsThe Reinsurance Group of America is a leading global reinsurer that provides innovative solutions to insurance companies worldwide. Our team of experts works together to deliver exceptional results and exceed customer expectations.
Responsibilities- Support production of quarterly US GAAP results and annual business plans, as well as US Stat, US Tax, local regulatory, and local FRS for assigned markets;
- Analyze quarterly US GAAP results against business plans for assigned markets;
- Provide guidance on IFRS 17 implementation and review in Asia;
- Support local markets' implementation of regulatory capital changes;
- Review embedded value and economic capital results in the region;
- Assist with Prophet modeling for new treaty implementations, model refinements, and building capability to project new product features;
- Design improvements to enhance efficiency and usability of Prophet models in the region;
- Lead regional initiatives to improve consistency of reporting throughout the region;
- Identify and implement process control enhancements in the region;
- Train and guide the region on existing and emerging reporting bases;
- Lead valuation initiatives in the region as needed.
- Qualified fellows with at least 7 years' working experience in life insurance/reinsurance companies;
- Hands-on valuation experience, particularly IFRS 17;
- Prophet modeling experience;
- Strong analytical and data management skills, attention to detail, and ability to manage multiple projects simultaneously;
- Highly motivated, conceptual thinker who can collaborate in a team environment or work independently and take a leadership role in a wide variety of assignments.
We offer a competitive salary range of $120,000 - $180,000 per annum, depending on qualifications and experience, plus benefits and opportunities for professional growth and development.
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