VP, Data Governance & Compliance

Reinsurance Group of America, Incorporated•Chesterfield, MO

About The Position

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. Position Overview Leading, shaping and executing on America's Risk Management data and model governance. Accelerating inforce value, new business growth, data modernization, and operational excellence by fostering a risk management culture that includes growth, innovation and security. Collaborates across enterprise, regional and local stakeholders to develop and implement risk strategy, policies, standards and procedures across data, contract, product, AI and model management.

Requirements

Bachelor’s Degree in Arts/Sciences (BA/BS)
Bachelor’s degree in Math, Finance, Actuarial Sciences, Statistics or related field required
Professional accreditation or advanced degree in insurance or finance related field required or 15+ Years of experience in life re(insurance) required
Multi-disciplinary background possessing a combination of skills in disciplines like finance, data science, pricing, valuation, experience analysis, in-force management, asset-liablity management, risk management, merger and acquisitions and/or management reporting, systems and operational processes required
5+ Years experience leading teams without direct reporting lines required
5+ Years reinsurance experience preferred
5+ Years financial reporting experience preferred
5+ Years pricing experience preferred
Management experience in a global and/or matrix organization preferred
Experience working in virtual and/or remote team environments preferred
Exposure to multiple regulatory, accounting and capital regimes preferred
Exceptional ability to lead and work well within and across teams with members spread across multiple geographies, particularly gaining cooperation from those members outside the direct chain of command, across a wide variety of operational, functional and technical disciplines - Expert Proficiency required
A driver for change, ensuring understanding, participation, and ownership - Advanced Proficiency required
Able to influence business discussions and decisions to satisfactory results required
Expertise in translating business needs and problems into viable and accepted solutions, creatively addressing risk concerns, enabling effective risk-reward decision making - Expert Proficiency required
Expert level of investigative, analytical and problem-solving skills. Ability to confront issues and problems head-on. - Expert Proficiency required
Expert knowledge of US life products, (re)insurance concepts/methods, risks, pricing, valuation and financial reporting, resources and operational processes - Expert Proficiency required
Highly advanced knowledge of treaty drafting and administration procedures, risk management and statistical analysis - Advanced Proficiency required
Expert ability to challenge and enhance analytical capabilities - Expert Proficiency required
Expert ability to analyze and improve business processes - Expert Proficiency required
Strong oral and written (English) communication and presentation skills - Expert Proficiency required
Ability to make timely and effective decisions that lead to results, demonstrate leadership courage, and develop/maintain strong working relationships. - Advanced Proficiency required
Willingness to travel as required required

Nice To Haves

CERA, CFA or other financial risk management accreditation Preferred
FSA (or equivalent) accreditation Preferred

Responsibilities

Lead the development and implementation of the America’s business data and model governance and compliance program to align with business goals and objective and enterprise expectations by working closely with business, Operations, IT and risk management leaders to scope, establish, communicate and execute roadmaps.
Collaborate with stakeholders across business units, Operations and IT to define and execute policies and standards for data management, data quality, metadata, data security and privacy.
Create policies and ensure compliance related to contractual, regulatory and RGA ethical requirements.
Monitor compliance with data governance policies and standards through audits and metrics reporting.
Develop risk management frameworks related to AI and model management for the region in conjunction with Enterprise frameworks.
Drive change management in order to facilitate appropriate adoption.
Ensure appropriate use and management of 3rd party data and derivative models in collaboration with those purchasing / developing data products.
Drive regional consistency in data governance and compliance across Americas region and globally.
Accountable for America’s comprehensive data risk management framework, aligning with global, ERM policy, standards, processes and reporting requirements.
Ensures, working in conjunction with GSO and Americas COO, CIO and CRO’s, technology support for legal entity operational resiliency needs.
Champions data risk management culture and change management and continuous improvement efforts to systematically improve data risk management performance.
Ensures effective knowledge management of key ERM data and model processes, roles, and controls through the use of detailed documentation, checklists, templates, etc. to mitigate the risk of losing knowledge or control effectiveness due to role transitions or turnover.