Reinsurance Group of America Inc
VP & Lead Actuary- Healthcare Excess
Reinsurance Group of America Inc, Minneapolis, Minnesota, United States, 55400
Leads and manages actuarial function for pricing, value added services, marketing and product development for RGA U.S. Group Reinsurance’s Healthcare Excess (HCXS) business unit. Works closely with the HCXS business unit in setting and executing strategic goals.Responsibilities
Leads and manages the actuarial pricing, product development and value added services for the HCXS business units, including the development and maintenance of necessary models, tools, pricing assumptions, experience studies, and controls. Ensures pricing follows RGA’s corporate pricing guidelines and U.S. Group Reinsurance guidelines.Works closely with the HCXS business unit in setting strategy and goals, marketing, analyzing monthly financials, and creating annual financial and operational plans.Advises on corporate actuarial initiatives and U.S. Group Reinsurance valuation, capital, and financial reporting issues impacting HCXS. Addresses U.S. Group Reinsurance and company-wide issues, as necessary.Performs management duties including, but not limited to, hiring, developing, evaluating, coaching, and disciplining direct reports. Fosters a positive and engaged work environment. Mentors associates and gives guidance on associate development.Travels as needed for meetings with potential and existing clients, as well as to industry meetings.Serves as a member of the HCXS leadership team, including setting strategic and tactical direction, divisional goals and objectives and development of joint plans to achieve goals and objectives.Manages completion of special projects as they arise and performs other duties as assigned.Maintains regular and predictable attendance.Performs other duties as assigned.Requirements
EDUCATION AND EXPERIENCERequired:Bachelor’s degree in mathematics, Actuarial Science, Statistics, Business or related degree or equivalent related work experience10-15 years life, health or medical insurance/reinsurance experienceFellowship, Society of Actuaries (FSA) accreditationPreferred:15+ years group life, health, or medical insurance/reinsurance experience5+ years management experienceSKILLS AND ABILITIESRequired:Expert investigative, analytical and problem-solving skillsExpert oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well receivedExpert ability to translate business needs and problems into viable/accepted solutionsExpert skills in customer relationship management and change managementExpert ability to implement organizational, divisional, and/or departmental vision and goals that result in achievementExpert ability to manage multiple projects and/or teams simultaneouslyExpert ability to liaise with individuals across a wide variety of operational, functional, and technical disciplinesExpert ability to make timely and effective decisionsExpert persuasion and negotiation skills when working with internal/external customers to resolve issues/problemsExpert people management skills, demonstrating the ability to lead, mentor, and develop associates; including the ability to delegate key areas of responsibilityCompany Overview
RGA aims to create a culture where individuals are valued, feel a sense of belonging and are respected for their differences - a workplace where all employees are encouraged and supported to reach their full potential.Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles, and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.
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Leads and manages the actuarial pricing, product development and value added services for the HCXS business units, including the development and maintenance of necessary models, tools, pricing assumptions, experience studies, and controls. Ensures pricing follows RGA’s corporate pricing guidelines and U.S. Group Reinsurance guidelines.Works closely with the HCXS business unit in setting strategy and goals, marketing, analyzing monthly financials, and creating annual financial and operational plans.Advises on corporate actuarial initiatives and U.S. Group Reinsurance valuation, capital, and financial reporting issues impacting HCXS. Addresses U.S. Group Reinsurance and company-wide issues, as necessary.Performs management duties including, but not limited to, hiring, developing, evaluating, coaching, and disciplining direct reports. Fosters a positive and engaged work environment. Mentors associates and gives guidance on associate development.Travels as needed for meetings with potential and existing clients, as well as to industry meetings.Serves as a member of the HCXS leadership team, including setting strategic and tactical direction, divisional goals and objectives and development of joint plans to achieve goals and objectives.Manages completion of special projects as they arise and performs other duties as assigned.Maintains regular and predictable attendance.Performs other duties as assigned.Requirements
EDUCATION AND EXPERIENCERequired:Bachelor’s degree in mathematics, Actuarial Science, Statistics, Business or related degree or equivalent related work experience10-15 years life, health or medical insurance/reinsurance experienceFellowship, Society of Actuaries (FSA) accreditationPreferred:15+ years group life, health, or medical insurance/reinsurance experience5+ years management experienceSKILLS AND ABILITIESRequired:Expert investigative, analytical and problem-solving skillsExpert oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well receivedExpert ability to translate business needs and problems into viable/accepted solutionsExpert skills in customer relationship management and change managementExpert ability to implement organizational, divisional, and/or departmental vision and goals that result in achievementExpert ability to manage multiple projects and/or teams simultaneouslyExpert ability to liaise with individuals across a wide variety of operational, functional, and technical disciplinesExpert ability to make timely and effective decisionsExpert persuasion and negotiation skills when working with internal/external customers to resolve issues/problemsExpert people management skills, demonstrating the ability to lead, mentor, and develop associates; including the ability to delegate key areas of responsibilityCompany Overview
RGA aims to create a culture where individuals are valued, feel a sense of belonging and are respected for their differences - a workplace where all employees are encouraged and supported to reach their full potential.Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles, and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.
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