Director, North America Asset-Intensive, Global Financial Solutions

Position Overview

RGA's culture stresses high performance and collaboration, and the company hires the smartest people in the industry. And, the smart people they hire are not just number crunchers. RGA values creativity and curiosity. RGA also values humility, and its employees work together without ego to bring value to RGA while revolutionizing the life and health insurance space.

Asset-Intensive is a growing product line, providing full risk reinsurance solutions to address client needs in an exciting and evolving marketplace. The Asset-Intensive team supports the development and execution of GFS' asset-intensive product strategy globally and develops tools and optimizes processes, which improve our business capabilities and competitiveness.

The Director, N-A Asset-Intensive works on a wide variety of high profile and complex projects, helps with setting the team's priorities, and collaborates across the enterprise to deliver against the strategy for asset-intensive in North America.

This role is a hybrid opportunity.

Responsibilities

• Identifies and develops new and improves upon existing strategies to deal with managing risks in asset-intensive business and optimizes our capacity against risk limits. Utilizes expertise to advise GFS management on level and nature of key risks in proposed investment/ALM strategy.

• Identifies together with Business Development new asset-intensive market opportunities and strategies to write business in those markets

• Engages with Investments in our continuous effort to optimize portfolios, to improve existing and develop new capabilities and client offerings. Contributes to the value management strategy and cycle management strategy for our in-force portfolios to ensure consistency with the new business approach.

• Engages with GFS Pricing and Corporate Risk Management on asset-intensive pricing methodology and assumption setting, to improve and share best practices, to foster global consistency and to ensure alignment between strategy and pricing.

• Manages complex projects with multi-function teams including Corporate partners and other stakeholders

• Develops GFS training resources and guidance documents relating to the Asset-Intensive business

• Supports individual transactions as directed

• Enhances RGA's brand externally as a SME and carrying out branding activities:

a. Participate in industry or professional working groups

b. Present at RGA client events

c. Make industry conference presentations

d. Write journal articles & brochures

Requirements

Education and Experience

• Bachelor's degree in business, math, finance, actuarial sciences, statistics, econometrics or related field.
• 7+y of professional experience in financial services, such as insurance/reinsurance, investment banking, asset management or consulting, with a large portion thereof focusing on life insurance / pension investment management and/or ALM.

Skills and Abilities

• Specialist knowledge in life insurance portfolio management, ALM, LDI and derivatives/hedging strategies.

• Knowledge in pricing, risk management, and investing for life insurance

• Ability to translate expert knowledge into practical, efficient solutions at the transaction level.

• Advanced level of investigative, analytical, and problem-solving skills.

• Ability to work well in an environment with multiple stakeholders, decision makers and sometimes diverging priorities.

• Advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received.

• Ability to liaise with individuals across a wide variety of operational, functional and technical disciplines.

• Ability to operate independently with minimal required guidance in day-to-day operations.

• Good persuasion and negotiation skills.

• Fluency in English.

Company Overview

Discover Reinsurance - https://www.rgare.com/our-company/about-rga

Our history, purpose, partnership, reinsurance, RGA Central (client portal), industry recognition, and risk assessment.

Discover Your Purpose - https://www.rgare.com/careers/careers-overview

Join a community of people driven by the same purpose: to make financial protection accessible to all. What we do, work life worldwide, culture and purpose, diversity, equity and inclusion, career development, benefits, and balance, and becoming a candidate.

Discover RGA - https://www.rgare.com/

Reinsurance Group of America - Making financial protection accessible to all, solutions for every situation, RGA Knowledge Center, global insight locally delivered, our responsibility at RGA, newsroom, and policy and governance.

The general pay range for this position is $101,685-$151,435 per year. 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 maintains a full range of health, retirement, and other employee benefits.

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