Valuation Associate

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 200 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.

Overview

This role will support valuation, financial reporting and analysis as a junior actuarial employee Korea business. The role will contribute to the maintenance and enhancement of the financial forecasting infrastructure and analytic foundation by developing/maintaining actuarial models and processes used not only for valuation, but also to support unbiased business planning, reporting, economic capital refinement, capital planning, cash flow testing and other such uses.

Responsibilities

1) Financial reporting

• Generate expected cashflows for quarterly closing

• Develop, enhance and maintain valuation projection models

• Support quarterly and monthly financial reporting for US GAAP, US STAT, IFRS17, local statutory
• Support movement analysis on liabilities and SOE (source of earning) analysis

2) Experience study

• Responsible for ground works to support actuarial analysis

• Support experience studies of mortality, morbidity, lapse and basis change
• Experience monitoring and support experience variance analysis

3) Performs other duties as required

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics or another relevant discipline
• Minimum 1 year to maximum 6 years of actuarial experience (valuation, experience study, IFRS 17 and K-ICS, etc) in life or non-life insurance companies
• Korea qualified actuary who are more experienced will be considered for a more senior position
• Actuarial software experience (Prophet is preferred)
• Good understanding of Korean life insurance products (or non-life long-term products) and financial statements
• Good verbal and written communication skills in both Korean and English
• Proficient in Excel and software skills including database applications is preferred (Python, Oracle, SQL, Macro etc)

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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.

We’re excited to get to know you and connect your unique skills with our global opportunities. To create a modern and seamless experience, we use artificial intelligence (AI) in parts of our preliminary screening process. This technology helps us personalize job recommendations, automate interview scheduling, evaluate candidates based solely on experience—without considering name, gender, or other personal details—and provide real-time answers through our chatbot. AI is used only during early screening and never makes hiring decisions. Your RGA recruiter will work closely with you every step of the way to ensure the process feels personal, thoughtful, and focused on you.