Actuarial Analyst
Dubai, United Arab Emirates
Job Description
Position Overview
Perform group pricing reporting duties. Produce quotes and re-price accurately within deadlines and to the necessary standards. Research areas of pricing expertise as required by the Pricing team.
Responsibilities
1. Pricing and Modelling
Requirements
Education and Experience
Company Overview
Reinsurance Group of America, Incorporated (NYSE: RGA) is one of the largest global life and health reinsurance companies. With operations in more than 20 countries, we support our clients and partners around the world with innovative approaches and customized solutions. What do you think? Better yet, how do you think? Have we piqued your curiosity? Consider a career with RGA. It’s the logical choice.
Job Reference: EMEA00463
Perform group pricing reporting duties. Produce quotes and re-price accurately within deadlines and to the necessary standards. Research areas of pricing expertise as required by the Pricing team.
Responsibilities
1. Pricing and Modelling
- Analyse reinsurance tenders and summarise features relevant to pricing, such as the type of business, the client’s underwriting standards, distribution method and processes.
- The role will produce reinsurance quotations for clients accurately, within deadlines and to the necessary standards.
- Provide documentation for each quote summarising the pricing assumptions, results and financial projections.
- Develop a good understanding of each client and its business model e.g., market position, type of market, reinsurance requirements, strategy and future vision.
- Peer review the work of colleagues to help ensure that good professional standards are maintained.
- Participate in the ongoing development of pricing methods and procedures.
- Assist in projects, research and development as required.
- Develop a thorough understanding of RGA’s pricing standards.
- Maintain professional and technical knowledge through attending workshops and making good progress with the actuarial exams.
- Gain an in-depth knowledge of the region’s reinsurance practices and good knowledge of RGA treaty practices as they pertain to the management and handling of business won.
- Work closely with other departments especially the Operations and Finance teams.
- Maintain effective communication throughout RGA internationally.
- Contribute to knowledge sharing initiatives within the team.
- Maintain professional and technical knowledge by attending workshops, reviewing professional publications, establishing personal networks and participating in professional societies.
- Attend relevant technical forums to network with senior personnel in client Actuarial teams and represent RGA.
Requirements
Education and Experience
- Bachelor's degree in Actuarial Science / Mathematics / Finance / Statistics or related field.
- Making significant ongoing progress with Actuarial examinations - nearly/fully qualified is preferable.
- At least 3 -5 years of relevant work experience.
- Strong IT skills including SQL as well as VBA experience
- Strong interpersonal skills with the ability to negotiate and influence others.
- Excellent oral and written communication skills.
- Ability to challenge and enhance existing analytical methodologies.
- Will be expected to develop a solid understanding of various life and health products.
- Strong ability to work in a team and take a proactive role to improve quality and efficiency
Company Overview
Reinsurance Group of America, Incorporated (NYSE: RGA) is one of the largest global life and health reinsurance companies. With operations in more than 20 countries, we support our clients and partners around the world with innovative approaches and customized solutions. What do you think? Better yet, how do you think? Have we piqued your curiosity? Consider a career with RGA. It’s the logical choice.
Job Reference: EMEA00463
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Job Detail
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Job IdJD1403923
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationDubai, United Arab Emirates
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EducationNot mentioned