VP of Business Development

1 week ago

London, United Kingdom Reinsurance Group of America Inc Full time

This role within the UK Business Development function will define and implement strategy, own some of our key products, own various client relationships in the UK & Irish marketplace, and lead sourcing, filtering, strategy and execution of reinsurance transactions such as standalone and flow longevity swaps, funded re and acquisitions. The individual will enhance RGA’s reputation within the marketplace by representing RGA in industry through thought leadership and relationship development with buyers of reinsurance, banks, consultants and other external stakeholders. They will work as part of the UK team to maintain RGA’s reputation in the market for best in class client service and deal execution. In conjunction with the wider teams, help to ensure RGA meets its new business and financial targets in the reinsurance marketplace.
Lead or contribute to the development of product strategies and action plans for prospective new opportunities and new clients, working with other teams to design and structure solutions.
Respond to tenders and ad-hoc client queries in a timely manner, seeking input from other functions where required, driving strategy and monitoring progress.
Own key client accounts, including driving client related initiatives. Gain market intelligence, insights into market activities, and partnership opportunities. Enhance RGA’s reputation and brand in the market by presenting at seminars and publishing articles in industry press, etc. Help to develop and implement the UK marketing and branding strategy.
Maintain professional and technical knowledge by attending workshops, reviewing professional publications, establishing personal networks, and participating in professional societies.
IFRS17, Solvency 2) and share expertise with others in RGA via the relevant working groups and project teams.
Understand financial statements, embedded value reports and other public information for major account clients.
An understanding of insurance accounting, tax, regulatory requirements, and investments.
This role may suit a qualified Actuary, however it may also suit candidates with a non-actuarial background.
Sound understanding of local markets and a detailed understanding of the drivers of financial services industry.
Relationship Building: Ability to define and execute business development strategies both independently and collaboratively.
Technical & Commercial Acumen: Strong understanding of both technical and commercial aspects of business development.
RGA’s Commitment to Diversity, Equity, and Inclusion
RGA Aims to evolve RGA workplaces and the communities in which RGA has a presence, into more diverse, equitable and inclusive environments. We will create a culture where individuals are valued, feel a sense of belonging, and are respected for their differences – a workplace where all employees are encouraged and supported to reach their full potential.
Therefore, to do our best work RGA will ensure diversity in our workforce across the various dimensions of social, interpersonal, and cultural identity -- and by practicing inclusivity in how we work with one another. Inclusion in our workplace is a step towards our purpose of making financial protection accessible to all .
Flexible Working
We support hybrid and flexible ways of working and would welcome a discussion on how we can balance what is important to you with business requirements during the recruitment process.
Financial support with reference to Qualifications and Learning and Development Courses.
Pension Package.
Private Medical Insurance
Life Assurance.
Reinsurance Group of America is one of the largest global life and health reinsurance companies in the world. With operations in 26 countries, we are the only global reinsurance company to focus primarily on life and health related reinsurance solutions.
Our core products and services include life reinsurance, living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting, and product development.
4 trillion of life reinsurance in force, assets of $84.9 billion, and a singular purpose: to make financial protection accessible to all.
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