Manager, Pricing

Posted 8 Days Ago
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Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
In-Office
Senior level
Insurance
The Role
The Manager, Pricing leads pricing initiatives, coaches junior staff, conducts risk analysis, and engages with clients to negotiate reinsurance treaty terms. Responsible for developing pricing models and ensuring compliance with standards.
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

  • Coach junior staff to structure and develop required pricing models to complete quotes that meet clients' objectives and RGA's minimum requirements.
  • Ensure all pricing procedures, including preparation of pricing memo and peer reviews meet documented divisional standards.
  • Work closely with internal counterparts to develop sustainable reinsurance solutions.
  • Conduct review and provide sound advice for actuarial work.
  • 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.
  • Build strong relationships with counterparts of our client companies.
  • Support ad-hoc corporate and internal projects

Qualifications

  • Bachelor’s Degree in Arts/Sciences (BA/BS) in actuarial science, statistics, math, finance, or related fields required
  • 5+ Years of actuarial working experience, relevant pricing experience a definite plus. Less experienced candidates may be considered as Assistant Manager 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
  • 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
  • Qualified or close to qualified actuary with a globally recognized actuarial association 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.

Top Skills

Actuarial Science
Finance
Statistics
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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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