Regular performance monitoring of inforce business (life and health) and recommend management actions as appropriate to improve the performance and feedback into underwriting and pricing.
Liaise closely with admin, finance and valuation functions to ensure that there is appropriate reserving and the financials take into account the most recent view of the experience.
Setup appropriate performance monitoring framework for each line of business
Perform experience studies on a regular basis by obtaining data in a timely and consistent manner from the clients
Report out the experience study results and discuss with stakeholders to identify actions to be taken to improve performance where appropriate
Follow through on those actions to ensure they are implemented and track the impact of them on experience and feedback into the performance monitoring loop
Feed the observations arising from the performance monitoring through to underwriting, pricing and claim functions
Experience analytics and market benchmarking to assist with setting up of competitive pricing basis
Research and analytics for new product / reinsurance structures development and pricing as required
Market analytics to identify potential opportunities for inforce block takeover, capital motivated or asset intensive deals
Research and analytics to assess opportunities in new geographies within the Middle Eastern region
Liaise with admin, finance and valuation functions to ensure that the financials take into account the most recent view of the experience
Perform experience studies for clients as a value-add service and in the process gain more insights into the experience for sharpening our pricing basis
Perform benchmarking studies (such as underwriting practices, product offerings etc.) for clients through surveys and other means as a value-add service where appropriate
Actively participate / present at industry conference / events to enhance RGA brand
Liaise with Global Research and Data Analytics team to develop and execute data driven strategies (such as predictive underwriting) to grow business in the market
Develop / train junior actuarial resources in the team on analytics tools and data checks / reconciliations
Qualified actuary with 10+ years of experience in insurance / reinsurance
Advanced knowledge and exposure to data analytics / experience study tools / actuarial software
Excellent data analytical skills
Excellent communication skills
Excellent interpersonal skills
Ability to work in a team environment and liaise positively with different stakeholder
Ability to carry out the responsibilities largely independently
Ability to continually improve the process and frameworks for quality and efficiency
Ability to constructively speak-up and actively follow-up to get things
RGA Empowers Employees. It’s one thing to hire smart people, it’s another to empower them. This is one of the most important differences between RGA and its competitors.
RGA empowers its employees to use their intelligence and creativity to find solutions for its customers. To be proactive in their approach to bringing value to our customers.