Head of Valuation

6 months ago

London, United Kingdom RGA Full time

**Position Overview**
The UK Head of Valuation is a key member of the UK business segment and the EMEA Valuation leadership team. The associate is responsible for the delivery of actuarial work at the UK segment level and for upwards consolidation in the relevant legal entity level. Manages valuation resource to support Regional and Corporate objectives in respect of the UK business. Provides leadership, development, and guidance to the UK valuation team; coordinates with UK and regional functional leadership, working with the Regional Head of Valuation - EMEA, and supports UK senior management.

This position can also be located in any of our EMEA offices.

**Responsibilities** General**:

- Key Valuation resource for senior management and functional leaders in the UK and EMEA markets.
- Responsible for the management, growth, development, and delivery of the UK valuation function.
- Liaise with other UK teams to promote coordination and support of UK business strategy as well as leveraging resources and expertise across the EMEA valuation team.
- Collaborate closely with UK Finance to support monthly and quarterly earnings analysis, business and financial planning, and other related projects.
- Support global actuarial projects such as internal economic capital, embedded value, local and global ORSAs, and business planning.
- Provides technical/actuarial support to the UK pricing teams.
- Manages the UK valuation team, including training and development plus employment decisions including, but not limited to, hiring, evaluating, coaching, and disciplining direct reports.
- Fosters a positive and engaged work environment, including mentoring and associate development.
- Supports the Regional Head of Valuation - EMEA in performing their duties by providing business knowledge, summary analytics and further data and analysis as requested
- Supports the Regional Head of Valuation - EMEA in developing any UK valuation capability to support EMEA, including working with other EMEA and global valuation teams.

**Specifics**:

- Manages monthly and quarterly regulatory, US GAAP, and tax valuation processes for the UK business including audit requirements.
- Responsible for US GAAP analysis of the UK business and providing support to the UK finance team.
- Responsible for the US GAAP IBNR analysis for the UK traditional business and the annual calibration of the lag factors.
- Responsible for unmodelled business balance sheet items and their posting and reconciliation.
- Responsible for the delivery and development of Management Information, including analysis, interpretation and guidance.
- Responsible for regulatory reporting for the branch valuation balance sheet items and assistance with regulatory requirements relating to the business.
- Responsible for ensuring UK data validity and completeness for valuation purposes.
- Liaises with the local Finance, Pricing and Administration functions to ensure understanding of the priced business, the current state of the client data and any necessary adjustments or updates required to valuation models to treat the business correctly under the applicable regulatory basis.
- Primarily responsible for best-estimate assumptions appropriate to the business and the appropriate level of granularity.
- Maintains valuation policies where required.
- Provide support and expertise for other projects as required.

**Requirements**:

- Fellow of the Institute of Actuaries, Society of Actuaries or other recognized actuarial organization.
- 10+ years of experience in the life insurance or reinsurance industry.
- 5+ years of management experience.
- Expert knowledge of Solvency II principles and practices or of an equivalent principles-based regulatory system.
- Good understanding and experience of the insurance industry.

**Company Overview**
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.

Job Reference: UKIR00882

  • Head of Valuations

    6 months ago

    London, United Kingdom Octopus Energy Group Full time

    Help us make a big green dent in the universe. We're on a mission to drive the global renewable energy revolution, and we need loads more people to help us make our vision a reality. Octopus Energy Generation is one of Europe’s leading and most experienced specialist renewable energy and energy transition investor, investing since 2010 and we currently...

  • Valuation Surveyor

    7 months ago

    London, United Kingdom Colliers Full time

    Job Description Colliers International is looking for an enthusiastic surveyor to join the Commercial Valuation team within the London Valuation and Advisory Services department.  Our Valuation Team provides a fast and efficient service that can be tailored to the needs of individual clients. All valuations are market-based and carefully researched,...

  • Portfolio Manager

    3 months ago

    London, United Kingdom Valuation Office Agency Full time

    Job summaryThe Valuation Office Agency (VOA) are the public sector�s property valuation experts and advisers with a vision to be a world-leading provider of public sector valuations. Our work is vital to the collection of over �60 billion of revenue which goes back into communities, touching every citizen and every business across England and Wales.We...

  • Valuation Associate Director

    5 days ago

    London, United Kingdom TML Recruitment Full time

    We are partnered with a forward thinking UK Wide General Property Practice to search for a critical hire within their London Valuation team. Our client operates at around c.£15m turnover and the valuation department make up a large portion of this. I am mandated to find Associate Director or very strong Senior Surveyor that has both commercial and...

  • Valuation Associate Director

    5 days ago

    London, United Kingdom CV-Library Full time

    We are partnered with a forward thinking UK Wide General Property Practice to search for a critical hire within their London Valuation team. Our client operates at around c.£15m turnover and the valuation department make up a large portion of this. I am mandated to find Associate Director or very strong Senior Surveyor that has both commercial and...

  • Senior Surveyor

    6 months ago

    London, United Kingdom Carter Jonas Full time

    We have an exciting growth opportunity for experienced RICS registered valuer to join our commercial valuations team based in London as a Senior Surveyor. The post holder will contribute to growing the Commercial valuations business, building client relations and work with the existing department Partners to grow the team. Within valuations, we cover a...

  • Interim Valuation Surveyor

    8 hours ago

    London, N11 1NP, North London, United Kingdom Barnet Council Full time

    Who You Are You are an experienced Interim Valuation Surveyor with a strong foundation in property asset valuations and hold RICS membership. Your capabilities include managing valuation caseloads and providing general valuation advice, with a keen emphasis on development site valuations and asset valuations. You possess a valid UK driving license and are...

  • Valuation Operations Specialist

    3 weeks ago

    London, Greater London, United Kingdom Sotheby's group Full time

    **Job Overview:**We are seeking a Valuation Operations Specialist to join our team at Sotheby's. The ideal candidate will have a minimum of 2 years' experience in an administrative role, preferably at an international auction house.The successful applicant will be responsible for coordinating the production of accurate valuation documents for clients...

  • Senior Valuation Specialist

    3 weeks ago

    London, Greater London, United Kingdom Latymer Search Full time

    **Head of Valuation Opportunity**Latymer Search is delighted to present an exceptional opportunity for a highly skilled and experienced Head of Valuation to join our client, a renowned specialist independent Valuation firm. This is an exciting chance to drive a company forward, capitalizing on their strong market presence and platform.**Key...

  • Senior Associate Valuation

    1 month ago

    London, United Kingdom 73 Strings Full time

    OVERVIEW OF 73 STRINGS: 73 Strings is an innovative platform providing comprehensive data extraction, monitoring, and valuation solutions for the private capital industry. The company's AI-powered platform streamlines middle-office processes for alternative investments, enabling seamless data structuring and standardization, monitoring, and fair value...

  • Senior Associate Valuation

    1 month ago

    London, United Kingdom 73 Strings Full time

    OVERVIEW OF 73 STRINGS: 73 Strings is an innovative platform providing comprehensive data extraction, monitoring, and valuation solutions for the private capital industry. The company's AI-powered platform streamlines middle-office processes for alternative investments, enabling seamless data structuring and standardization, monitoring, and fair value...

  • Senior Associate Valuation

    1 month ago

    London, United Kingdom 73 Strings Full time

    OVERVIEW OF 73 STRINGS: 73 Strings is an innovative platform providing comprehensive data extraction, monitoring, and valuation solutions for the private capital industry. The company's AI-powered platform streamlines middle-office processes for alternative investments, enabling seamless data structuring and standardization, monitoring, and fair value...

  • Senior Associate Valuation

    1 month ago

    London, United Kingdom 73 Strings Full time

    OVERVIEW OF 73 STRINGS:73 Strings is an innovative platform providing comprehensive data extraction, monitoring, and valuation solutions for the private capital industry. The company's AI-powered platform streamlines middle-office processes for alternative investments, enabling seamless data structuring and standardization, monitoring, and fair value...

  • Senior Associate Valuation

    2 weeks ago

    London,, UK, United Kingdom 73 Strings Full time

    OVERVIEW OF 73 STRINGS:73 Strings is an innovative platform providing comprehensive data extraction, monitoring, and valuation solutions for the private capital industry. The company's AI-powered platform streamlines middle-office processes for alternative investments, enabling seamless data structuring and standardization, monitoring, and fair value...

  • Commercial Valuation Surveyor

    2 weeks ago

    London, Greater London, United Kingdom AGM Construction Recruitment Full time

    Our company, AGM Construction Recruitment, is a leading expert in commercial and residential valuations and LPA Receivership. We work with over 100 mainstream lenders, offering a range of services including property appraisals, valuations, and Fixed Charge Receiverships.We are dedicated RICS APC providers, boasting a 100% first-time pass rate for all our...

  • Portfolio Management Specialist

    3 weeks ago

    London, Greater London, United Kingdom Valuation Office Agency Full time

    Job DescriptionPortfolio Manager Role OverviewValuation Office Agency is seeking a skilled Portfolio Manager to join its Change Management Services team in the Operational Excellence Directorate.The successful candidate will provide support to the CMS teams, managing governance across the project portfolio to ensure assurance for a wide range of Agency...

  • Global Head of FX

    6 days ago

    London, United Kingdom NCAA (National Collegiate Athletic Association) Full time

    Role Introduction / Overview This is a key leadership role within Valuation Control Group (VCG) and reports to the Global Head of Rates & Currencies Valuation Control for Citigroup. The Global Head of FX & Local Markets Valuation Control will be part of a team of very senior individuals who oversee the fair value valuation control issues for the entirety...

  • Global Head of FX

    4 days ago

    London, United Kingdom NCAA (National Collegiate Athletic Association) Full time

    Role Introduction / Overview This is a key leadership role within Valuation Control Group (VCG) and reports to the Global Head of Rates & Currencies Valuation Control for Citigroup. The Global Head of FX & Local Markets Valuation Control will be part of a team of very senior individuals who oversee the fair value valuation control issues for the entirety of...

  • Global Head of FX

    3 days ago

    London, United Kingdom NCAA (National Collegiate Athletic Association) Full time

    Role Introduction / OverviewThis is a key leadership role within Valuation Control Group (VCG) and reports to the Global Head of Rates & Currencies Valuation Control for Citigroup. The Global Head of FX & Local Markets Valuation Control will be part of a team of very senior individuals who oversee the fair value valuation control issues for the entirety of...

  • Head of Valuation and Advisory Services

    1 month ago

    London, Greater London, United Kingdom BDO UK Full time

    Company OverviewBDO UK is a leading accountancy and business advisory firm, providing expert advice and solutions to businesses navigating today's changing world. Our clients are Britain's economic engine - ambitious, entrepreneurially-spirited and high-growth businesses that fuel the economy.Job DescriptionAs a Director of Valuation and Advisory Services,...