Associate Director, Compliance

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 500 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

Proactively supports Head of Compliance to ensure RGA Japan branch is in compliance of insurance regulations and other relevant compliance requirements for the business. Represents Compliance as delegate of Head of Compliance on assigned occasions.

Responsibilities

• Represents Compliance as delegate of Head of Compliance on assigned topics
• Propose compliance plan for Japan which will be endorsed by the Head of Compliance
• Manage and communicate best practice for workflow charts including rules and procedure; conduct walkthrough and critically assess departmental workflows; substantive testing of departmental workflows  
• Monitor, highlight and propose solutions for new regulations which develop from time to time with the guidance of the Head of Compliance
• Ensure internal audit points are cleared, addressed and complied with, work with various stakeholders to ensure cross departmental issues are addressed 
• Suggest process improvements and work with the business to get appropriate buy in; identify work processes which have compliance implications and review these from time to time. Where improvements need to be made, communicate and obtain buy in from stakeholders. Prepare compliance monitoring reports
• Liaise with regulator under the supervision of the Head of Compliance  
• Assist with the preparation of external inspections where necessary  
• Ensure reporting and compliance obligations are adequately monitored and managed through the use of a compliance calendar  
• Assist with the identification of operational risks that potentially exposes RGA to regulatory or other legal sanctions, client complaints, adverse publicity or litigation or otherwise adversely affect the Japan Branch  
• Coordinate review of compliance related policies, rules and manuals. Work closely with Head of Compliance, senior management, as well as regional and global legal and compliance teams to assure that the Branch manages legal/litigation risks and controls legal matters and report all matters to Global Legal Services for legal decisions

Requirements

• Bachelor’s degree in Arts/Sciences (BA/BS) and/or equivalent is required
• Minimum 3+ years' experience in a lead role in re/insurance industry, specifically in a compliance or risk-related field(s)
• Native Japanese language skills is required; business proficiency in English is preferred
• Ability to understand RGA and client business objectives, governing laws and regulations, complex accounting and actuarial practices and standards in order to design centralized processes and enable regional differences
• Ability to understand contract law and the implications related to legal documents  
• Ability to understand and communicate verbally and in writing, complex legal, actuarial and accounting concepts

#LI-JL2

What you can expect from RGA:

• 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.