Associate Director, Corporate Actuarial

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Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, MYS
In-Office
Insurance
The Role

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.

A Brief Overview
Assist Head of Valuation for Southeast Asia (“SEA”) Markets in providing leadership to the SEA Valuation Team to achieve defined outcomes in a timely basis.
What you will do

  • Primarily responsible for local reporting for SEA Valuation team, including development of appropriate reporting bases and actuarial models to deliver results required on a timely basis; support analysis and report and assist in explaining results to management.
  • Perform annual and/or quarterly statutory valuations and implement processes, procedures and controls for IFRS17 reporting for local branches.
  • Monitoring and reporting of local solvency position for local branches, including development of processes to deliver more robust results on an ongoing basis.
  • Participate in the review of experience studies and actuarial analysis to support assumption setting with due consideration on regional and local reporting. This also includes the annual review of best estimate assumptions for actuarial valuations and business projections following any applicable corporate guidance.
  • Support any process enhancement or automation into existing practice, as well as the coordination with the corporate / regional teams as needed. Developing and maintaining comprehensive documentation relating to the actuarial processes.
  • Supporting the Head of Valuation for SEA Markets on other initiatives, as required.
  • Participate in capital management related activities (e.g., retrocession), including any solvency assessments upon key business initiatives. Ensure accuracy and compliance of valuation results with applicable standards and best practice.
  • Lead, develop and coach the associates working on assigned responsibilities, and contribute towards a positive and engaged work environment. Performs supervisory duties including, but not limited to, hiring, training, evaluating, coaching, and disciplining direct reports. Carry out duties with integrity and diligence, ensuring that professional standards are maintained, that reporting deadlines are met, that records are maintained and that actuarial processes are fit for purpose and meet internal and regulatory requirements.
  • Stay abreast of regulatory developments and assist Head of Valuation for SEA Markets to advise local management of the implications and business opportunities.

Qualifications

  • Bachelor’s Degree in Arts/Sciences (BA/BS) in Accounting/Finance or Actuarial Science or other relevant field or equivalent related work experience Required
  • 10+ Years relevant experience. Required
  • 4+ Years people management experience. Required
  • Familiarity with SEA market and regulatory environment, including IFRS17. Required
  • Knowledge of the Prophet or AXIS projection systems. Required
  • Proven people leadership credentials with the ability to motivate, mentor and create a high performance team. Required
  • Strong analytical, data management skills, positive work attitude with attention to detail and ability to manage multiple projects simultaneously. Required
  • A high level of personal accountability and integrity. Required
  • Excellent communication skills in English – both written and verbal. Required
  • Fully qualified Fellow with one of the recognized international actuarial associations (FSA, FIA, FIAA, etc.). Required

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.

We’re excited to get to know you and connect your unique skills with our global opportunities. To create a modern and seamless experience, we use artificial intelligence (AI) in parts of our preliminary screening process. This technology helps us personalize job recommendations, automate interview scheduling, evaluate candidates based solely on experience—without considering name, gender, or other personal details—and provide real-time answers through our chatbot. AI is used only during early screening and never makes hiring decisions. Your RGA recruiter will work closely with you every step of the way to ensure the process feels personal, thoughtful, and focused on you.

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The Company
HQ: Chesterfield, MO
3,164 Employees
Year Founded: 1973

What We Do

Reinsurance Group of America, Incorporated (RGA), a Fortune 500 company, is among the leading global providers of life reinsurance and financial solutions, with approximately $3.5 trillion of life reinsurance in force and assets of $92.2 billion as of December 31, 2021. Founded in 1973, RGA today is recognized for its deep technical expertise in risk and capital management, innovative solutions, and commitment to serving its clients. With headquarters in St. Louis, Missouri, and operations around the world, RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, health reinsurance, facultative underwriting, product development, and financial solutions. To learn more about RGA and its businesses, visit our website at www.rgare.com.

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