Position Overview To provide high quality underwriting overflow support/ stretch capacity to selected RGA business units around the world in a timely and competent manner. Under limited supervision, evaluates and classifies medical, non-medical, and financial risks on complex risks for life insurance in different markets on a range of different benefit types.
Responsibilities - Appraises and underwrites complex risks for life, critical illness, disability, and health insurance and ensures underwriting offers are consistent with RGA s philosophy, manuals and guidelines. Ensure that casework is completed in a timely and efficient manner, meeting or exceeding agreed turnaround times.
- Works closely with team members and local offices to be aware of and plan adequately for peak periods.
- Participates in the development of self and implementation of process improvements that may extend beyond the area of oversight.
- Builds and maintains strong working relationships with internal and external clients and uses effective listening skills to understand their needs.
- Keeps abreast of new client company or industry products, current developments and changes in medical and financial underwriting practices.
- Collaborates with Medical Directors, other team members, internal departments and other RGA offices to obtain expert knowledge, to assist in identifying solutions and resolutions to problems/issues identified.
- Performs backup support and other duties as assigned.
- Participation in internal and client audits as needed.
- Conduct technical training and mentorship as required.
Requirements Education and Experience
Required:
Bachelor s Degree or equivalent related work experience (minimum 10 years) with 2-5+ years of reinsurance or 5-10 years of direct underwriting experience
Preferred:
- Graduate Science/Medicine/Paramedical or Business
- ALU, FLMI or FALU accreditation or progress towards accreditation
- 2-5+ years of reinsurance or 5-10 years of direct underwriting experience
- Underwriting Exposure to different markets
Skills and Abilities
Required:
- Technical competence with all major life and living benefits.
- Advanced oral and written communication skills demonstrating ability to share and impart knowledge.
- Ability to quickly adapt to new methods, work under tight deadlines and stressful conditions.
- Advanced investigative, analytical and problem-solving skills.
- Must be flexible, creative, self-motivated and ability to work well within a team environment.
- Sound working knowledge of:
- Insurance principles, underwriting guidelines, and product features for dealing with risk analysis.
- Medicine, law, accounting, and finance as applied to the evaluation of life reinsurance risks and of life insurance risks.
- Ability to work online and to accommodate peers in all time zones
Ability to travel occasionally.
Preferred:
- Past exposure to any international markets like USIL will be an added advantage.
Company Overview Reinsurance Group of America, Incorporated (NYSE: RGA) is a global industry leader specializing in life and health reinsurance and financial solutions that help clients effectively manage risk and optimize capital. Founded in 1973, RGA celebrates its 50th anniversary in 2023. Over the past five decades, RGA has become one of the world s largest and most respected reinsurers and is guided by a fundamental purpose: to make financial protection accessible to all.
RGA has been named to
Fortune
magazine s 2023 list of the World s Most Admired Companies, an acknowledgement that reflects our legacy of innovation, dedicated client focus, community responsibility, commitment to diversity, and long-term value creation. RGA serves clients and partners in key markets around the world and has approximately $3.3 trillion of life reinsurance in force and assets of $82.7 billion as of September 30, 2022. To learn more about RGA and its businesses, visit
