Executive Director & Actuary
About The Position
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. The Executive Director, Actuary serves as a member of the sidecar team, providing leadership and technical expertise for the development of the sidecar initiative. This includes: Leading the existing sidecar’s operations (i.e. inforce management): technical coordination and collaboration internally and externally for financial reporting (the audiences are RGA internal management, regulator, sidecar CEO and sidecar investors), tax, valuation, pricing, investments, regulatory communication and filing, legal entity management (including liquidity, capital, dividend, risk management) Assisting new sidecar initiatives when appropriate (such as designing and structuring new sidecars, onboarding new business and deploying new sidecar’s capital, establishing RGA’s operating processes and controls to service the new sidecars)
Requirements
- Bachelor’s Degree in Arts/Sciences (BA/BS) in Math, Finance, Actuarial Sciences, Statistics or related field required
- 10+ Years Life or health insurance/reinsurance experience in financial reporting, valuation, legal entity management required
- 10+ Years in a combination of professional consulting, finance and accounting, organizational change management and leadership required
- 10+ Years of experience directly interacting with and influencing senior executives preferred
- 5+ Years of management experience preferred
- Professional designation – FSA or equivalent Required
- Expert knowledge of general reinsurance operations including business flow, finance, accounting, valuation, investments, legal entity management required
- Expert knowledge of Statutory, GAAP valuation and reporting required
- Highly advanced investigative, analytical and problem solving skills.
- Expertise in translating business needs and problems into viable solutions required
- Expertise in leading and managing multiple initiatives and sub-teams simultaneously, including the ability to delegate key areas of responsibility required
- Exceptionable ability to liaise with individuals across a wide variety of operational, functional and technical team within RGA as well as vendors, partners, investors and other outside companies required
- Ability to establish and implement a vision and goals that result in success through leadership skills, collaboration, creative thinking, maintaining focus and persistence required
- Highly advanced ability implementing change within an organization, ensuring understanding, engagement and ownership required
- Ability to quickly adapt to new methods, work under tight deadlines and stressful conditions required
- Sets strategies and direction, ensuring alignment with short-term plans and longer term objectives required
- Highly advance persuasion skills when working with internal/external partners to resolve problems/issues required
- Interprets internal/external business challenges and recommends best practices to improve products, processes or services required
Responsibilities
- Lead and manage the existing sidecar’s operations including finance, valuation, investments, pricing and external service providers and sidecar’s legal entity management
- Support the sidecar management team in ensuring the smooth operation of the existing sidecar
- Support the sidecar management team in setting up new sidecars (when appropriate) including the design of a new sidecar, onboarding new business and deploying sidecar’s capital
- Provides leadership with the enhancement of the sidecar’s projection and planning infrastructure by working with sidecar’s external valuation actuary
- Provides leadership with the advancement of financial metrics and management information
- Drive out cross-functional decisions through project facilitation and governance
Benefits
- annual bonus plan
- long-term equity incentive plan
- full range of health, retirement, and other employee benefits
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What This Job Offers
Job Type
Full-time
Career Level
Executive
