Actuarial Associate, Pricing

1 week ago

Taipei Taipei City, Taiwan Reinsurance Group of America, Incorporated Full time $80,000 - $120,000 per year

You desire impactful work.

You're
RGA 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.

Scope
The position is responsible for providing timely and responsive actuarial services to our clients and assists senior actuarial staff in the pricing, product design and development, structuring financial solutions, actuarial modeling and providing actuarial support to underwriting and special distributions.

Reports to
Chief Pricing Actuary

Responsibilities
The position will be expected to carry out the following core responsibilities

  • Provide pricing and risk analysis support to RGA Taiwan by developing and maintaining computer models and financial projections of reinsurance proposals.
  • Analyze and report on client experience provided with quotations for new reinsurance opportunities or reviews of existing terms.
  • Assist with the maintenance of pricing bases for business written in Taiwan.
  • Assist in implementation of new product assigned from a pricing and risk management point of view, this includes setting of RGA pricing bases and R&D on incidence and trends
  • Follow the RGA guidelines for technical pricing and actuarial modeling.
  • Maintain close liaison with the Regional Actuarial and Underwriting teams across RGA offices.

Other Responsibilities Include

  • Assist in the design and review of Reinsurance Treaty terms and conditions to ensure accuracy and consistency with the pricing of the business.
  • Travel for short term durations as required (1 – 2 weeks anticipated length of each trip).
  • Client contact as required.
  • Other duties as directed.

Qualifications

  • University graduated
  • ASA designation (or equivalent) is preferable.
  • At least 3 years' experience in the insurance market. Knowledge of local markets and reinsurance or past experience in consulting environment is preferable.
  • Fluency in English and Mandarin.

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.

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