Reinsurance Group of America Inc
Director, Quantitative Risk Analyst
Reinsurance Group of America Inc, Chesterfield, Missouri, United States, 63005
Global Risk Services’ mission is to partner with RGA’s global workforce to facilitate sound risk analysis for decision making to achieve RGA’s strategic and financial objectives. The Director, Quantitative Risk Analyst will support the Executive Director, Global ERM Projects in maintaining RGA’s Operational Risk Quantification Model that has been designed and tailored to RGA’s Operational Risk Taxonomy.This role can be remote.Responsibilities
Engage in financial and statistical modelling of operational risk exposures.Manage and enhance the data and risk quantification model platform and associated analytics used to support RGA’s operational risk management.Work closely with GRS and business stakeholders to gather risk quantification parameters for input into the model.GRS subject matter expert gathering key information required for inputting into the risk decision model.Document the model assumptions, inputs, and rationale and communicate them to multiple stakeholders.Align Operational Risk Quantification Model with requirements as set out by GRS’ Model Risk Management Framework.Lead any required enhancements to RGA’s Operational Risk Quantification model as required.Represent GRS in meetings with senior management and leadership.Responsible for the delivery of key risk information and summary outputs of the model such as risk dashboards.Provide training and support to end-users and stakeholders to ensure successful adoption and utilization of RGA’s Operational Risk Quantification model.Effectively communicate the value of risk quantification.Define and decompose risk scenarios given a problem/objective.Identify and apply data-gathering concepts for risk scenarios.Produce and accurately communicate risk and reporting in quantitative (financial) terms.Perform other duties as assigned.Requirements
Bachelor’s degree or equivalent experience.Master's degree or equivalent in a highly mathematical subject.A minimum of 5 years’ experience in quantitative risk management.5+ years of risk, audit, controls related experience.Experience in a modelling or validation role.Knowledge of statistical methods.Excellent oral and written communication skills, demonstrating the ability to convey quantification techniques to a broad range of stakeholders.Ability to adapt to new methods, work under tight deadlines in a fast-paced, results-driven environment.Excellence in probability theory, stochastic processes, statistics, partial differential equations, and numerical analysis.Strong analytical and problem-solving abilities.Project management skills and organizational skills: flexible.Advanced ability to translate business needs and problems into viable/accepted solutions.The general pay range for this position is
$101,685 - $151,435
per year. 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 maintains a full range of health, retirement, and other employee benefits.Reference number:
US09631Date posted:
09/08/2024Location:
ChesterfieldJob Functions:
Enterprise Risk Management
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Engage in financial and statistical modelling of operational risk exposures.Manage and enhance the data and risk quantification model platform and associated analytics used to support RGA’s operational risk management.Work closely with GRS and business stakeholders to gather risk quantification parameters for input into the model.GRS subject matter expert gathering key information required for inputting into the risk decision model.Document the model assumptions, inputs, and rationale and communicate them to multiple stakeholders.Align Operational Risk Quantification Model with requirements as set out by GRS’ Model Risk Management Framework.Lead any required enhancements to RGA’s Operational Risk Quantification model as required.Represent GRS in meetings with senior management and leadership.Responsible for the delivery of key risk information and summary outputs of the model such as risk dashboards.Provide training and support to end-users and stakeholders to ensure successful adoption and utilization of RGA’s Operational Risk Quantification model.Effectively communicate the value of risk quantification.Define and decompose risk scenarios given a problem/objective.Identify and apply data-gathering concepts for risk scenarios.Produce and accurately communicate risk and reporting in quantitative (financial) terms.Perform other duties as assigned.Requirements
Bachelor’s degree or equivalent experience.Master's degree or equivalent in a highly mathematical subject.A minimum of 5 years’ experience in quantitative risk management.5+ years of risk, audit, controls related experience.Experience in a modelling or validation role.Knowledge of statistical methods.Excellent oral and written communication skills, demonstrating the ability to convey quantification techniques to a broad range of stakeholders.Ability to adapt to new methods, work under tight deadlines in a fast-paced, results-driven environment.Excellence in probability theory, stochastic processes, statistics, partial differential equations, and numerical analysis.Strong analytical and problem-solving abilities.Project management skills and organizational skills: flexible.Advanced ability to translate business needs and problems into viable/accepted solutions.The general pay range for this position is
$101,685 - $151,435
per year. 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 maintains a full range of health, retirement, and other employee benefits.Reference number:
US09631Date posted:
09/08/2024Location:
ChesterfieldJob Functions:
Enterprise Risk Management
#J-18808-Ljbffr