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 500 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.
The
Executive Director & Actuary, Audit Pricing Valuation and Model Governance utilizes actuarial background, audit experience, and leadership skills to lead and manage internal audit activities over pricing and valuation risks for the RGA global enterprise, contributing to the strategic development and execution of the annual audit plan for functions which contain actuarial elements (pricing/valuation/model governance).
This Executive Director oversees and directs day-to-day internal audit operations in these areas to ensure that the technical aspects of the pricing and valuation risks are identified, understood, and assessed for adherence to established policies and procedures, ensures audit activities are aligned and coordinated with business units and external auditor, designs and develops audit programs and procedures to achieve integrated assurance, reviews, evaluates and presents audit results to senior and executive management and audit committees, and recommends business process control improvements.
Responsibilities
- Leads and manages internal audit activity for pricing and valuation audits including model governance, conducts risk assessments, directly participates in and advises team, supports managing resources of internal and external actuarial expertise, supports managing resources of internal and external actuarial subject matter experts, and communicates with key actuarial business leaders and documents findings and recommendations as well as risk remediation exercises.
- Aligns and coordinate audit activities with the business units. Acts as liaison between internal management, external audit, and business associates.
- Coordinates audit activities of the audit staff
Required Education And Experience
- Bachelor’s degree in Actuarial Sciences, Mathematics, Statistics, Economics, Finance or other quantitative field.
- FSA accreditation.
- People management experience.
- 10+ years of progressive actuarial experience in life, annuity, and/or reinsurance.
Required Skills And Abilities
- Professional experience working in a complex, global corporation with advanced understanding of Global Life insurance and reinsurance markets.
- Experience pricing more than one product line, e.g., life, annuities,
- Experience in one or more actuarial functions other than pricing products, e.g., asset/liability management, valuation, risk management, model management, economic capital management.
- Ability to connect across disciplines, systems savvy, understanding larger organizational context, having situational fluency/adaptability, cultivating a valuable network of contacts, and understanding and leveraging diverse perspectives.
- Highly advanced project management skills. Demonstrates an ability to evaluate project objectives and scope for feasibility and understanding.
- Exceptional ability to make timely and effective decisions and produce results through strategic planning and the implementation of initiatives, programs, and policies.
- Highly advanced ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines.
- Demonstrates ability to evaluate project objectives and scope feasibility, gain understanding, and schedule resources.
- Highly advanced people management skills, demonstrating ability to lead, mentor and develop associates and teams.
- Exceptional ability to implement organizational, divisional and/or departmental vision and goals that result in achievement and success through exceptional leadership skills, collaboration, creative thinking, maintaining focus, and persistence, even under adversity, while maintaining the confidence of management and associates.
- Highly advanced ability to translate business needs and problems into viable/accepted solutions.
- Highly advanced investigative, analytical, and problem-solving skills. Identifies and assesses technical, operational, and organizational problems.
- Expert ability to balance detail with departmental goals/objectives.
- Expert ability to make timely and effective decisions and produce results through strategic planning and the implementation and evaluation of programs and policies.
- Advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received by all stakeholders, including customers and associates.
- Expert ability to analyze and improve business processes and provide assurance across the spectrum of client services
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.
Compensation Range
$132,430.00 - $202,455.00 Annual
Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.
RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.
