Director, Underwriting Innovation

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 500 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.

Provides underwriting innovation expertise and support to USIL and AURA Tech as part of the Underwriting Innovation Team. Interprets sources of information and understands the requirements of underwriting programs, then develops and maintains severity scores and underwriting rules based on this information. Works closely with RGA peers and with client companies to ensure business goals are met.

• Serve as the primary resource for underwriting expertise and support while participating in research and development of new Digital Health Data (DHD) programs, pilots and ventures.
• Underwriting SME for the DHD team interpreting underwriting guidelines and developing severity scores as they pertain to code sets. (Examples include ICD, PCS, HCPS, CPT, SnoMed, RxNorm, NDC, etc)
• Responsible for researching, assigning and enhancing Rx Severities for RGA’s Rx Scoring system (the most developed part of RGA’s DHD services).
• Expand scoring systems to include attributes, multi-variate and co-morbid as needed.
• Work with USIL actuarial and GRD staff as the underwriting SME to develop and implement predictive models.
• Perform or participate in client studies as needed to gain feedback, monitor success and identify and implement needed changes or enhancements.
• Serve as the primary underwriting resource for clients on all US DHD initiatives.
• Underwriting SME for projects involving underwriting innovation (Examples involve developing underwriting programs for Insurtech companies, exporting of US individual life underwriting offerings to other RGA lines of business or other countries, etc.)
• Underwriting SME for inclusion of behavioral economics within underwriting programs
• Provide underwriting expertise and support for USIL research and development of new underwriting programs and ventures.
• Participate in underwriting studies as requested by USIL
• Monitor existing e-underwriting programs, implementing enhancements as needed and providing client support.
• Develop and continually refine RGA’s master rulesets using underwriting expertise.
• Work closely with AURA project team and rules developers, providing underwriting direction and working to ensure that the underwriting approach agreed to works as designed and is in line with RGA’s underwriting philosophy.
• Assist in documenting and tracking multiple versions of automated underwriting rules.
• Provide guidance and mentoring to clients and colleagues regarding the rules development process and RGA’s underwriting philosophy and approach.
• Work closely with the rest of UST to ensure that team goals are met.
• Maintains regular and predictable attendance.
• Performs other duties as assigned.
  
  

Required

EDUCATION AND EXPERIENCE

• Bachelor’s degree or equivalent work experience
• 7+ years reinsurance underwriting experience or 9+ years direct underwriting experience
  
  

Preferred

• BS/ BA Science or Business
• ACS, ALU, FLMI, FALU or CLU accreditation or progress towards accreditation
  
  

Required

SKILLS AND ABILITIES

• Intermediate Word, SQL/Query and Excel skills
• Advanced ability to comprehend and interpret insurance and contract documents
• Highly advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received by all stakeholders, including customers and associates
• Advanced knowledge of broad business practices
• Advanced persuasion and negotiating skills when working with clients to present quotes and/or solutions and to resolve issues/problems.
• Advanced ability to lead change management
• Advanced ability to liaise with individuals across a wide variety of operational, functional and technical disciplines
• Highly advanced investigative, analytical and problem solving skills utilizing experience, research, guidelines and internal resources.
• Advanced ability to manage multiple tasks and/or projects simultaneously, including the ability to handle changing priorities and deliverables.
• Advanced ability to comprehend, analyze and apply vast amounts of medical and financial information quickly to making sound financial underwriting and risk assessments.
• Advanced knowledge of insurance principles, underwriting policies and procedures and guidelines for dealing with risk analysis.
• Advanced knowledge of medicine, law, accounting, finance as applied to the evaluation of life reinsurance risks and of life insurance risks.
• Advanced knowledge of industry practices, trends and applications and the ability to communicate this knowledge to clients and apply it to meeting clients’ needs.
• Ability to work well within a team environment and participate in department projects.
• Advanced ability to foster a teamwork and customer service focused environment
• Ability to work online, either at home or remote
• Occasional travel required
  
  

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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.
  
  

Compensation Range

$101,685.00 - $151,435.00 Annual

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 also maintains a full range of health, retirement, and other employee benefits.

RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.