VP, Regulatory Counsel

Reinsurance Group of America•Chesterfield, MO

50d

About The Position

Thisâ¯experienced insurance/reinsurance regulatory attorneyâ¯provides strategic legal counsel on regulatory matters germane to RGA's business. This role will support our worldwide reinsurance operations by: (i) advising as to the scope and applicability of proposed and current laws and regulations; (ii) managing the relationship with RGA's group supervisor the Missouri Department of Commerce and Insurance, the Bermuda Monetary Authority and regulators in states including New York; (iii) managing supervisory college(s) and any market conduct and rate exams called upon the RGA companies; (iv) overseeing regulatory filings and communications with regulators; (v) working with trade associations of which RGA is a member; and (vi) supporting the regulatory strategy of RGA on a world-wide basis.

Requirements

JD Law Degree from a United States accredited law school or equivalent accredited institution
10+ Years Legal experience with significant focus on insurance and/or reinsurance regulation and transactions
Experience with credit for reinsurance principles
Deep understanding of reinsurance regulation and law, sanctions laws, and life and health reinsurance
Understanding of global business and regulatory schemes
Extensive knowledge of the process and model acts and regulations maintained by the International Association of Insurance Supervisors and the National Association of Insurance Commissioners
Highly advanced interpersonal skills, with demonstrated ability to positively influence change among clients and working groups.
Expert ability in implementing change within an organization, ensuring understanding, participation, and ownership
Highly advanced oral and written communication skills including presentation skills, demonstrating the ability to convey information in a way that is meaningful and well received by stakeholders and team members
Expert skills in managing multiple projects and/or sub-teams simultaneously
Highly advanced ability to make timely and effective decisions and produce results through strategic planning and the implementation and evaluation of programs and policies
Highly advanced ability to implement organizational, divisional and/or departmental vision and goals that result in achievement and success through exceptional leadership skills, collaboration, creative thinking, maintaining focus, and persistence, even under adversity, while maintaining the confidence of associates and customers
Expert ability to work well within and manage a team
Licensed to practice lawâ¯in a major jurisdiction (US preferable, otherwise UK, EU, or other relevant markets)

Nice To Haves

Big law firm experience with financial services, regulatory, transactions and/or insurance and reinsurance practice groups
In-house counsel experience at a financial services, insurance, or technology company
Knowledge of U.S. reinsurance business operations
Experience with offshore reinsurance regulation
Knowledge of U.S. reinsurance business operations and data flows

Responsibilities

Laws and regulations: Provide timely advice on proposed and existing laws and regulations impacting insurance and reinsurance business on a global basis. Advise on the applicability and scope of data protection and privacy, artificial intelligence, anti-money laundering, sanctions and investment related laws and regulations. Work with RGA's government relations, business, compliance and transactions teams to develop and execute strategy related to achieving compliance, efficiency, and the enhancement of business capabilities
Management of Supervisory Colleges and Insurance Examinations: Provide legal guidance on the conduct of supervisory colleges, market conduct and rate examinations. Collaborate with business units in the IT security teams on legal aspects of security controls and frameworks. Advise on regulatory cybersecurity requirements for financial services and insurance sectors
Trade Association Coordination and Participation: Work with trade associations in the analysis of and response to proposed and existing laws and regulations impacting RGA's business
Regulatory Compliance & Risk Management: Monitor and interpret current and proposed laws and regulations globally. Liaise with regulatory authorities on regulatory matters. Support internal audits and regulatory examinations related to regulations. Advise senior management on emerging laws and regulations applicable to insurance and reinsurance
Cross-Functional Collaboration: Ability to coordinate legal and regulatory response to laws and regulations. Partner with transactions teams, risk management, compliance, and business teams on data-related initiatives. Support M&A due diligence on regulatory matters. Collaborate with external counsel and regulatory consultants as needed. Participate in industry associations and regulatory working groups. Contribute to enterprise risk management and business continuity planning

Benefits

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.

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