Director, Structured Finance

Reinsurance Group of America • Chesterfield, MO

2d • $107,060 - $159,390 • Hybrid

About The Position

Coordinates cross-functional project teams to develop financing solutions for RGA’s regulatory entities. Leads and manages accounting and reporting functions for assigned structured finance transactions, reviews transaction information for accuracy and design, and recommends improvements to internal financing processes.

The Director manages teams of professionals and coordinates complex reinsurance transactions across RGA’s global organization, bringing together technical experts and corporate partners to identify and resolve issues. The role leads external negotiations, supports legal-entity optimization strategies, establishes processes for administering financing transactions, and works with business units to identify financing needs and develop suitable solutions.

The position also performs and oversees financial reporting for structured finance transactions, supports internal controls and audit compliance, and may manage direct reports. It requires regular and predictable attendance and may include other assigned duties. Flexible hours are required to accommodate international projects across multiple time zones.

Requirements

• Bachelor’s degree in business, with an emphasis in accounting, finance, or actuarial science, or equivalent related work experience.
• At least 8 years of experience in accounting, auditing, or structured finance.
• Intermediate understanding of the US life insurance and reinsurance markets.
• Ability to adapt quickly to new methods and work under tight deadlines and stressful conditions.
• Advanced listening, investigative, analytical, innovation, and critical-thinking skills, and the ability to translate business needs and problems into viable solutions.
• Advanced ability to design and structure financing solutions, including reinsurance provisions, that meet RGA’s risk/return requirements, financing partners’ needs, and regulatory requirements; requires actuarial and accounting skills to address transaction risk issues.
• Highly advanced oral and written communication skills and ability to convey business terminology effectively.
• Expert ability to balance detail with departmental goals and objectives.
• Highly advanced customer relationship management and change management skills.
• Expert ability to manage multiple projects and/or teams simultaneously.
• Expert ability to consult with individuals across operational, functional, and technical disciplines.
• Highly advanced persuasion and negotiation skills when working with internal and external customers.
• Highly advanced ability to make timely and effective decisions and produce results.
• Ability to work flexible hours to accommodate international projects across multiple time zones.

Nice To Haves

• Master’s degree in Arts/Sciences (MA/MS).
• Financial modeling experience related to structured finance.
• Actuarial experience.
• At least 3 years of insurance/reinsurance accounting experience.

Responsibilities

• Manage project teams of professionals and coordinate the structuring and completion of complex reinsurance transactions across the global organization.
• Provide leadership and coordinate collaboration to develop solutions that meet legal-entity and consolidated objectives.
• Coordinate transaction analysis with experts in structured finance, accounting, legal, investments, tax, and other areas; anticipate, identify, and resolve issues with the appropriate specialists.
• Lead negotiations with external parties to meet RGA’s financing needs efficiently.
• Lead implementation of legal-entity optimization strategies, including restacking efforts.
• Establish processes to ensure financing transactions and supporting processes are properly implemented and administered.
• Work with business units to identify financing needs, including cash, collateral, and regulatory requirements by currency.
• Provide subject-matter expertise to design and propose financing solutions, including reinsurance structures, securities lending, structured asset designs, and other capital-market strategies.
• Support oversight and management of team members and manage direct reports, if applicable, to improve processes and responsiveness to customer needs.
• Perform assigned month-end, quarterly, and annual financial reporting for structured finance transactions, including recording financial activity, preparing reports, analyzing data, preparing general-ledger uploads, and reconciling accounts.
• Administer assigned internal retrocession agreements and related balance-sheet and income-statement accounts.
• Coordinate with departments and subsidiary personnel to obtain and compile data, reconcile and record results in the general ledger, and analyze and compile data on a US GAAP and statutory basis.
• Prepare quarterly and annual financial statements when required.
• Lead quarterly officer meetings for assigned subsidiaries.
• Support internal control and audit compliance, including maintaining control narratives and EUC and IPE/RR inventories, improving processes, maintaining relevant procedure documentation, and coordinating internal and external audit requests.
• Maintain regular and predictable attendance.
• Perform other duties as assigned.

Benefits

• Annual bonus plan, including all roles.
• Some positions are eligible for participation in a long-term equity incentive plan.
• Health, retirement, and other employee benefits.
• Opportunity to learn from diverse colleagues around the world.
• Respectful, welcoming environment that fosters individuality and encourages pioneering thought.
• Career potential and global opportunities.

What This Job Offers

• Job Type: Full-time
• Career Level: Director