Reinsurance Group of America, Incorporated

Associate Data Science Actuary

Reinsurance Group of America, Incorporated

full-time

Posted on:

Location Type: Hybrid

Location: Chesterfield • Connecticut, Massachusetts, Montana, New York • 🇺🇸 United States

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Salary

💰 $114,750 - $175,450 per year

Job Level

JuniorMid-Level

Tech Stack

OraclePythonSQLVBA

About the role

  • Lead, design, create, and interpret end-to-end models with a typical focus on mortality within longevity markets.
  • Support Pricing team with insights from large datasets and support efforts to adopt robust bespoke assumptions in quotes.
  • Evaluate new external data sources and explore new applications of non-traditional data sources for RGA in its various regions.
  • Participate in the development and enhancement of underlying processes and recommends improvements in data analysis /modeling best practice standards.
  • Communicate with a variety of stakeholders at various levels of seniority.
  • Offer risk management skills to any data processing or modeling exercise: Understand business context & where material scope for error lies.

Requirements

  • Bachelor's degree in Math, Finance, Economics, Statistics, Actuarial Science, Computer Science or related field
  • FSA accreditation or equivalent
  • Minimum of 6 or more years of actuarial experience in life insurance/reinsurance/pension risk transfer
  • 2+ years statistical on-the-job modeling experience (not exam based) for insurance or related applications (Regression, Decision Trees, Time Series, etc.)
  • Statistical programs/languages (R or Python)
  • Spreadsheet skills (Excel/VBA) and database applications (SQL, Snowflake, Oracle,...)
  • Advanced predictive modeling skills
  • Tree-based models, GLMs, GAMs, etc.
  • Basic Statistical concepts for feature engineering (e.g. percentiles, standardization, correlations, risk ratios / chi-square test, splines, and other non-linear transformations)
  • Proactive use of insurance expertise & actuarial concepts to feature engineering and model evaluation
  • Advanced exploratory data analysis skills - Plots and graphics (BI/ggplot)
Benefits
  • Annual bonus plan
  • Participation in long-term equity incentive plan
  • Health insurance
  • Retirement plans
  • Full range of employee benefits

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
actuarial experiencestatistical modelingpredictive modelingregressiondecision treestime seriesfeature engineeringexploratory data analysisbasic statistical conceptstree-based models
Soft skills
communicationrisk managementstakeholder engagementdata analysisprocess improvement
Certifications
Bachelor's degreeFSA accreditation