Business Developer
4 weeks ago
Position Overview
This role within the Business Development function manages execution teams through the completion of reinsurance transactions within GFS’ EMEA division. The individual will engage with clients and internal partners to ensure that client objectives are addressed, value for RGA is optimized and RGA’s reputation in the market for execution excellence is upheld. Collaboration with subject matter experts and other transaction team members is critical.
Responsibilities
Manage project teams to structure and complete reinsurance transactions in EMEA. Organize project meetings and develop communications in support of the project team, identify and document follow-up items resulting from meetings, distribute meeting notes as necessary and follow up on any assignments to ensure completion. Coordinate the processes of analyzing transactions through interaction with the various technical experts in pricing, risk analysis, structured finance, accounting, legal, investments, tax, etc. Anticipate, identify and resolve issues that arise during the RGA transaction analysis process to maximize the chance of a successful outcome. [Note that this position does not need to have all of the technical expertise to analyze a transaction and resolve every issue but must have enough of an understanding of the transaction, the issue and the organization to coordinate an appropriate response to resolve issues and successfully complete a transaction] Provide regular communication of the status of a transaction and key outstanding issues, deadlines, challenges, etc. to stakeholders and senior management Coordinate any necessary approvals to complete a transaction and ensure communication channels are open internally and externally. Respond to tenders and ad hoc client queries to facilitate the sales and negotiation process with new and existing clients. This involves regular client contact and may involve periodic travel with business developers, as required. Ensure operational effectiveness within the region, coordinating and improving internal processes such as evaluation of new opportunities, prioritization, client engagement and strategy Coordinate implementation of successful transactions with the GFS Risk Management team and provide for ongoing support of GFS reinsurance transactions, as is necessary. Perform other duties as assigned.
Requirements
Education and Experience
BSc/BA in Business, Actuarial Science or related degree, or equivalent experience Insurance, reinsurance or finance experience Experience specializing in one or more of the following: Financial reporting, Statutory & GAAP, Accounting, Detailed insurance/reinsurance regulation & structure, Actuarial principles and/or modelling, Investment concepts and Capital management. Project management experienceSkills and Abilities
Proactive self-starter with attention to detail and flexibility to handle diverse tasks Preference for transactional based workload and a fast-paced environment Ability persevere when faced with setbacks and challenges Focus on operational and deliverable excellence, tendency to look for new and improved ways of doing things Ability to manage multiple projects and/or teams simultaneously Ability to quickly adapt to new methods, work under tight deadlines and prioritise effectively Intermediate Microsoft Office Skills Strong interpersonal, leadership and motivational skills, demonstrating the ability to manage projects and mentor others Technical and commercial knowledge of actuarial science, investments, contract law, accounting or finance. Advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received across a wide variety of operational, functional and technical disciplines Advanced investigative, analytical and problem solving skills. Curiosity and willingness to learn and pick up new things.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.
Our individual, social, economic, and cultural identities shape and influence our experiences and perspectives. 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.
What can RGA offer you?
Competitive salary Financial support with reference to Qualifications and Learning and Development Courses. 25 Days Annual Leave, Plus Bank Holidays. Pension Package. Private Medical Insurance Life Assurance. Group Income Protection.-
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