Regional Pricing Actuary Specialist
7 days ago
Position Overview
This position is integral to the core actuarial team within the Asian market, focusing on the establishment of the actuarial strategy for the region.
The individual in this role will collaborate closely with the Regional Head of Pricing, primarily engaging in traditional pricing activities, which encompass Mortality, Morbidity, and various reinsurance business segments provided by RGA.
Key Responsibilities
- Serve as the reviewer and approver for reinsurance quotations and pricing foundations within the region, offering guidance and feedback to local pricing teams as necessary.
- Conduct research on current industry trends and developments to aid in the formulation of pricing foundations.
- Lead experience study specialists in the Regional office and deliver technical support across RGA Asia as required.
- Identify opportunities and provide business support for initiatives aimed at optimizing the management of local and regional offices from pricing, capital, or in-force management perspectives.
- Act as the Local Chief Pricing Actuary across RGA Asia as needed.
- Assist with in-force management projects or transactions as required.
- Participate in internal and external actuarial community meetings to represent RGA Asia.
- Proactively identify emerging risk areas and propose suitable controls and actions.
- Provide training or guidance to familiarize new Chief Pricing Actuaries with corporate and divisional pricing standards and practices.
- Support the development and implementation of Pricing Best Practices throughout Asia.
Qualifications & Experience
- Accreditation as a fellow or associate in a globally recognized actuarial association (e.g., Society of Actuaries, Canadian Institute of Actuaries, Institute of Actuaries of Australia, UK or equivalent).
- Over 10 years of full-time experience in life insurance or reinsurance.
- Proficiency in AXIS software.
Skills & Competencies
- Strong persuasion and negotiation skills for resolving issues with internal and external clients.
- Highly organized and delivery-oriented, with the ability to manage stakeholder expectations proactively.
- Capacity to adapt to and implement new methodologies while working towards defined deadlines.
- Flexibility in working hours to accommodate multiple time zones of peers and key stakeholders.
- Self-motivated with the ability to work independently.
- Willingness to travel internationally as required.
- Proficiency in Asian languages is desirable.
- In-depth knowledge of Asian life insurance markets and product lines.
- Comprehensive understanding of various individual life insurance products.
- Strong focus on client service.
- Excellent written and verbal communication skills.
- Effective presentation abilities.
- Advanced skills in MS Office Suite, including Excel, Word, PowerPoint, and Access.
- Innovative, proactive, and oriented towards continuous improvement.
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