Associate Director, Pricing, AP Financial Solutions

Posted 4 Hours Ago
Be an Early Applicant
2 Locations
In-Office or Remote
Senior level
Insurance
The Role
Lead pricing for individual reinsurance business by developing models, performing risk analysis, documenting pricing basis, negotiating treaties, advising actuarial work, guiding junior staff, and supporting product development and client relationships.
Summary Generated by Built In

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
Pricing Actuaries are responsible for the pricing of individual business through modelling, risk analysis and other new business development activities.
What you will do

  • Structure and develop required pricing models to complete quotes independently with minimal guidance that meet clients' objectives for the transaction while adhering to RGA's minimum requirements.

  • Ensure all pricing procedures, including preparation of pricing memo and peer reviews meet documented divisional standards.

  • Share best practices and work closely with internal counterparts to develop sustainable and new perspectives on existing AP Financial Solutions business lines.

  • Conduct review and provide sound advice for actuarial work.

  • Lead junior team members to conduct research and produce pricing basis for new business development initiatives.

  • Ensure pricing basis are documented and approved for all reinsurance coverage allowed under the country mandate.

  • Negotiate treaty terms with clients and ensure treaties are completed and signed in a timely fashion.

  • Provide technical/actuarial support for the execution of our product development initiatives.

  • Provide training and guidance to junior staff of the team.

  • Build strong relationships with counterparts of our client companies.

Qualifications

  • Bachelor’s Degree in Arts/Sciences (BA/BS) in actuarial science, statistics, math, finance, or related fields. Required

  • 7+ years of actuarial working experience, relevant pricing experience a definite plus. Required

  • Qualified Actuary with a globally recognized actuarial association. Required.

  • Highly organized, delivery-orientated with the ability to work with multiple concurrent projects. Required

  • Highly motivated, results oriented and solutions focused. Required

  • Ability to work effectively under pressure and demonstrate problem solving creativity. Required

  • Strong interpersonal skills with the ability to negotiate and influence others. Required

  • Strong technical skills and attention to detail. Required

  • Strong client services ability with excellent communication skills (both written and verbal). Required

  • Advanced Excel skills is required and experience in using actuarial software, e.g. Axis, is strongly preferred. Required

  • Ability to challenge and enhance existing analytical methodologies. Required

  • Innovative, proactive and improvement oriented. Required

  • Ability to work independently and as part of a team and deal with multiple stakeholders within the business. 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.

Skills Required

  • Bachelor's degree in actuarial science, statistics, math, finance, or related field
  • 7+ years of actuarial working experience with relevant pricing experience
  • Qualified Actuary with a globally recognized actuarial association
  • Advanced Excel skills
  • Experience using actuarial software (e.g., Axis)
  • Strong technical skills and attention to detail
  • Ability to structure and develop pricing models and documentation to divisional standards
  • Experience leading and training junior team members
  • Strong interpersonal, negotiation, and client communication skills (written and verbal)
  • Highly organized, delivery-oriented, and able to manage multiple concurrent projects
  • Ability to work effectively under pressure and demonstrate creative problem solving
  • Ability to challenge and enhance existing analytical methodologies and drive improvements
Am I A Good Fit?
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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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