Chief Risk Officer

Posted Yesterday
Be an Early Applicant
Hamilton, City of Hamilton, BMU
In-Office
Expert/Leader
Insurance
The Role
Lead risk management for RGA's Bermuda entities: oversee ERM framework, regulatory filings (ORSA), liaise with Bermuda Monetary Authority, embed risk culture, manage teams, and ensure capital, product, accounting, and reporting compliance.
Summary Generated by Built In

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.

A Brief Overview
As Chief Risk Officer (CRO) of RGA's Bermuda operations, this position is responsible for oversight of all aspects of risk management for RGA's Bermuda-domiciled operating companies. This includes assessing, reporting, and mitigating the various risks of RGA's Bermuda-domiciled operating companies. The CRO will review new regulatory requirements, engage with the Bermuda Monetary Authority and respond to consultation papers and proposed standards as applicable. In addition, the CRO will participate in and lead governance activities.
What you will do

  • Accountable for Bermuda operation’s comprehensive risk management framework, aligning with global and regulatory ERM policy, standards, processes, and reporting requirements. Ensure policies, processes, and controls are appropriate, sustainable, well documented, and meet regulatory obligations.

  • Provides risk management guidance and constructive review/challenge that enables the legal entities to make informed decisions to achieve strategic and financial objectives.

  • Responsible for the completion of the legal entities Solvency Self-Assessment (the legal entities’ CISSA). Lead and help prepare various regulatory filings.

  • Keep up with new developments with respect to the risk management and regulation, capital, products, and emerging risks.

  • Fosters ERM to be an embedded and forward-thinking part of culture and processes. Champions risk management culture and change management and continuous improvement efforts to systematically improve risk management performance.

  • Liaises with individuals across a wide variety of leadership, operational, functional and technical disciplines.

  • Participate with the management group to establish and support purpose, goals, and objectives of the respective legal entities.

  • Understand the products, risks, flow of business, accounting methodology, and capital calculations related to internal and external reinsurance, retrocession, and related transactions for the legal entity.

  • May perform management duties including, but not limited to, hiring, training, evaluating, coaching, and disciplining direct reports. Fosters a positive and engaged work environment. Mentors associates and gives guidance on associate development.

  • Respond, in coordination with other groups, to regulatory and client requests. Act as key liaison with the Bermuda Monetary Authority.

Qualifications

  • Bachelor’s Degree in Arts/Sciences (BA/BS) in Math, Finance, Statistics, Actuarial Science, or related field required

  • Advanced degree in financial-related field preferred

  • 10+ Years of experience in life and/or annuity insurance or reinsurance required

  • Exposure to multiple regulatory, accounting and capital regimes preferred

  • Expert knowledge of risk management and economic capital requirements required

  • Advanced knowledge of life, health, or annuity insurance products required

  • Advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received. Expert ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines required

  • Advanced investigative, analytical and problem solving skills required

  • Advanced skills in customer relationship management and change management. Advanced ability to translate business needs and problems into viable/accepted solutions required

  • Expert ability to manage multiple projects and/or teams simultaneously. Expert ability to balance detail with departmental goals/objectives required

  • Highly advanced persuasion and negotiation skills when working with internal/external customers required

  • Expert ability to make timely and effective decisions and produce results through strategic planning and the implementation and evaluation of programs and policies required

  • Advanced knowledge of broad business practices required

  • Working knowledge of key technologies including Office applications, databases, actuarial software, and analytic tools required

  • Advanced understanding of Bermuda insurance regulations and capital requirements; Advanced understanding of insurance or reinsurance reporting; Advanced understanding of US GAAP, statutory, and tax reporting preferred

  • FSA, CERA, CFA or equivalent designation required

#LI-OJ1

#LI-HYBIRD

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.

We’re excited to get to know you and connect your unique skills with our global opportunities. To create a modern and seamless experience, we use artificial intelligence (AI) in parts of our preliminary screening process. This technology helps us personalize job recommendations, automate interview scheduling, evaluate candidates based solely on experience—without considering name, gender, or other personal details—and provide real-time answers through our chatbot. AI is used only during early screening and never makes hiring decisions. Your RGA recruiter will work closely with you every step of the way to ensure the process feels personal, thoughtful, and focused on you.

Skills Required

  • Bachelor's degree in Math, Finance, Statistics, Actuarial Science, or related field
  • Advanced degree in financial-related field
  • 10+ years of experience in life and/or annuity insurance or reinsurance
  • Exposure to multiple regulatory, accounting and capital regimes
  • Expert knowledge of risk management and economic capital requirements
  • Advanced knowledge of life, health, or annuity insurance products
  • Advanced actuarial technical skills
  • Advanced oral and written communication skills
  • Advanced investigative, analytical and problem solving skills
  • Advanced skills in customer relationship management and change management
  • Expert ability to manage multiple projects and/or teams simultaneously
  • Highly advanced persuasion and negotiation skills
  • Expert ability to make timely and effective decisions and implement programs and policies
  • Advanced knowledge of broad business practices
  • Working knowledge of Office applications, databases, actuarial software, and analytic tools
  • Advanced understanding of Bermuda insurance regulations and capital requirements, insurance/reinsurance reporting, and US GAAP, statutory, and tax reporting
  • Fellowship, Society of Actuaries (FSA) or equivalent actuarial designation
  • MAAA, CERA, CFA or other equivalent designation
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Chesterfield, MO
3,164 Employees
Year Founded: 1973

What We Do

Reinsurance Group of America, Incorporated (RGA), a Fortune 500 company, is among the leading global providers of life reinsurance and financial solutions, with approximately $3.5 trillion of life reinsurance in force and assets of $92.2 billion as of December 31, 2021. Founded in 1973, RGA today is recognized for its deep technical expertise in risk and capital management, innovative solutions, and commitment to serving its clients. With headquarters in St. Louis, Missouri, and operations around the world, RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, health reinsurance, facultative underwriting, product development, and financial solutions. To learn more about RGA and its businesses, visit our website at www.rgare.com.

Similar Jobs

In-Office or Remote
8 Locations
3485 Employees
201K-275K Annually
In-Office or Remote
3 Locations
3485 Employees
305K-410K Annually
In-Office
Hamilton, City of Hamilton, BMU
3593 Employees

Similar Companies Hiring

Globe Life Thumbnail
Insurance • Financial Services
McKinney, TX
3000 Employees
MassMutual India Thumbnail
Big Data • Fintech • Information Technology • Insurance • Financial Services
Hyderabad, Telangana
Granted Thumbnail
Mobile • Insurance • Healthtech • Financial Services • Artificial Intelligence
New York, New York
23 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account