Welcome to Reinsurance Group of America! We are currently seeking a highly skilled and motivated In-Force Management Actuary to join our team. As an In-Force Management Actuary, you will play a critical role in managing and analyzing our in-force business, ensuring its profitability and sustainability. This is a dynamic and challenging role that requires strong analytical skills, attention to detail, and the ability to communicate complex information effectively. If you are a driven individual with a passion for the insurance industry and a desire to make a significant impact, we encourage you to apply for this exciting opportunity.
Conduct in-depth analysis of in-force business to identify trends, risks, and opportunities.
Develop and implement strategies to manage and improve the profitability and sustainability of in-force business.
Collaborate with cross-functional teams, including underwriting, claims, and finance, to ensure alignment of goals and objectives.
Utilize actuarial modeling and other tools to evaluate the impact of potential changes to in-force business.
Monitor and report on key performance indicators related to in-force business, providing insights and recommendations to senior management.
Stay up-to-date on industry trends, regulations, and best practices related to in-force management.
Communicate complex actuarial concepts and findings to non-technical stakeholders in a clear and concise manner.
Identify and implement process improvements to streamline in-force management processes.
Collaborate with other actuaries and team members to develop and maintain actuarial models and assumptions.
Adhere to all regulatory and compliance requirements in the management of in-force business.
Mentor and train junior team members on in-force management principles and techniques.
Participate in strategic planning and decision-making processes related to in-force business.
Maintain accurate and organized documentation of all in-force management activities.
Continuously evaluate and recommend enhancements to current in-force management strategies and processes.
Handle ad-hoc requests and projects related to in-force business as needed.
Where is this job?
This job is located at Cape Town, South Africa
Job Qualifications
Strong Analytical And Problem-Solving Skills.
Bachelor’s Degree In Actuarial Science, Mathematics, Or Related Field.
Minimum Of 5 Years Of Experience In Actuarial Work, Preferably In The Reinsurance Industry.
Associate Or Fellow Designation From The Society Of Actuaries.
Knowledge Of Actuarial Modeling Software And Proficiency In Microsoft Excel.
Required Skills
Financial Reporting
Underwriting
Data Analysis
Forecasting
Claims Management
Portfolio Management
Risk Assessment
Actuarial Modeling
Performance Evaluation
Insurance Regulations
Reinsurance Pricing
Soft Skills
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time Management
Creativity
Organization
Teamwork
Adaptability
Problem-Solving
