Pricing Associate

India, Mumbai

Reinsurance Group of America

At RGA, we specialize in providing life and health-related reinsurance and financial solutions to help our clients effectively manage risk and capital.

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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 500 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.

General Summary

This is an Actuarial Pricing role that requires an enthusiastic learner who can work on the pricing models and help on various research and analysis to develop pricing assumptions with guidance. The person will closely work and support the product development work. The job requires some base knowledge of VB macros and analytical tools like R and Python which can assist in general data analytical work.

Key Responsibility

  • Pricing quotes within the agreed timelines and established quality standards.

  • Work with different functions like BD, Underwriting and Claims on to ensure the information used for pricing is complete and accurate

  • Maintaining complete and accurate pricing documentation and audit trails

  • Work on various data analytics projects to support different pricing assumptions

  • Support research and analysis as required for product development and other actuarial work including regular monthly / quarterly reporting

  • Drafting proposal and treaty documentation

Education and Experience

  • Bachelor’s degree in Mathematics, Finance, Statistics, Actuarial Science or a related field

  • Minimum 0-2 years’ experience in various aspects of the actuarial or statistical and analytical work of an insurance/reinsurance/financial business

  • Actuarial exams from a recognized Actuarial Institute will be added advantage

Skills and Abilities

  • Excellent oral and written Communication skills and ability to communicate complex problem to variety of stakeholders

  • Sound working knowledge of MS Excel, Macros, MS Word and any actuarial/statistical softwares

  • Working knowledge of softwares like Oracle, R and Python would be preferred

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.

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* Salary range is an estimate based on our AI, ML, Data Science Salary Index 💰

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Tags: Data Analytics Excel Finance Mathematics Oracle Python R Research Statistics

Perks/benefits: Career development

Region: Asia/Pacific
Country: India

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