Senior Data Scientist - Longevity & Biometric Assumptions

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

The Senior Data Scientist is a strong contributor to the Biometric Assumptions Team, which provides analytical expertise for the global development of data-driven solutions in longevity product development and pricing. This role involves combining technical skills and predictive modelling to contribute to innovative model solutions and collaborates on project-teams consisting of data scientists, actuaries, IT, and business developers. The Senior Data Scientist will focus on internal mortality assumption development for longevity markets by leveraging new and existing data sources through exploratory analysis, insights, model maintenance, and model R&D.

Location: Ideally located in RGA's Toronto or Montreal offices, Canada in a hybrid work arrangement; however, a fully remote work-arrangement may also be available.

Responsibilities

• 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

• Adhere to professional standards, best practices, and ethical guidelines

• Understand the strengths and limitations of a modeling approach

• Have a strong understanding on tools / techniques their actuarial peers will not have had a formal education in such as:

• Understand applications, risks, transparency, quality assurance & peer review, and ethical guidelines

• Stay abreast of new techniques, but focusing on practical applications

• Liaise with RGA's data scientists across the globe about more sophisticated data science applications

• Contribute to RGA's global analytics community, routinely sharing, maintaining consistency of approach

Requirements

• Bachelor's degree in Math, Finance, Economics, Statistics, Actuarial Science, Computer Science or related field

• 6+ years of experience developing statistical models (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.; Cross-Validation, Residuals and model diagnostics; Basic Statistical concepts for feature engineering (e.g. percentiles, standardization, correlations, risk ratios / chi-square test, splines, and other non-linear transformations)

• Advanced exploratory data analysis skills - Plots and graphics (BI/ggplot)

• Ability to compile, analyze, refine, model and interpret very large data sets as well as the ability to incorporate expert judgment into statistical modeling techniques

• Transform data to enhance its predictive value (feature engineering)

• Advanced ability to translate business needs and problems into viable/accepted solutions

• Advanced investigative, analytical, and problem-solving skills

Preferred

• Experience with longevity product design / pricing / experience studies / assumption development

• Re/insurance industry experience

• Master’s degree or PhD in Statistics, Actuarial Science, Economics, or related field

• Actuarial designation (ASA/FSA; AIA/FIA)

• 4 or more years of experience with statistical modeling for insurance

• Familiar with actuarial modeling platforms (AXIS, Prophet, Exp Studies etc.)

• Basic data engineering capabilities (Python, Scala)

• Basic machine learning models/concepts (SVM’s, GAN’s, Neural Networks/Deep Learning, Naive Bayes, NLP)  and/or basic statistical concepts for feature engineering for dimensionality reduction such as PCA’s, SVD’s, and clustering

• Proactive use of insurance expertise & actuarial concepts to feature engineering and model evaluation

LI-DL1 #LI-HYBRID

Compensation Range:

• $125,000.00 - $165,000.00 Annual Base Salary

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.

Compensation Range:

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.