VP Treaties - USIM jobs in United States
cer-icon
Apply on Employer Site
company-logo

Reinsurance Group of America, Incorporated · 4 days ago

VP Treaties - USIM

Reinsurance Group of America, Incorporated is a Fortune 200 Company focused on life- and health-related solutions. The VP, Treaties will provide leadership and strategic direction for the treaty function within the USIM business unit, ensuring alignment with corporate standards and enhancing operational efficiencies.

Financial ServicesHealth InsuranceInsuranceLife InsuranceService Industry

Responsibilities

Provide vision, strategy, and leadership for the USIM business unit treaty function, including assumed and ceded business. Design, implement and enforce appropriate controls to the business unit and corporate associates in regards to the end to end treaty function (ensuring alignment with Regional and Enterprise standards) and to equip Treaty Developers to manage legal documents. Leverage technical expertise and broad knowledge of reinsurance to set the business unit treaty standards and advise upstream and downstream stakeholders. Integrate treaty organization into the deal process and BD/PA teams within the business unit, including strong alignment and support of Risk Management teams and principles
Apply broad industry knowledge as well as deep product (term, whole life, UL, VUL, annuities, etc.) knowledge, including complex business characteristics, to drive the completion of comprehensive treaty documents that comply with applicable laws, regulations, industry practices and internal requirements. In addition, assures that the interests of RGA are protected and the treaty business rules are accurately loaded into the computer system according to and consistent with the written treaty provisions
Provide oversight, direction and structure to the treaty negotiation process with our customers to drive the completion of a timely, comprehensive & balanced treaty development and execution process
Work with RGA Legal as well as risk management, finance, actuarial, business development, operations, valuation and underwriting to establish acceptable treaty standards and treaty language to be used by the business unit, including the continual process improvement and assessment of our treaty boilerplate language
Create and/or improve processes that enhance productivity and quality, provide robust reporting, promote strong customer service philosophy and standards and assist in operational efficiencies that also provide flexibility and agility in the treaty execution process
Collaborate with Legal and other experts to monitor industry regulatory changes, employ advanced analytical thought and judgment to understand impacts on the reinsurance business, and direct any necessary changes to treaty standards to optimize RGA income and minimize undesirable regulatory or business exposure
Member of the senior leadership team in developing plans, coordinating activities and in assuring all departments are aware of key activities in Treaty Development. Oversees the direction of and leads the department towards accomplishing departmental, Operations and RGA Re objectives
Leads and manages the activities of the department in all aspects of supervisory duties, including, but not limited to hiring, training, evaluating, coaching and mentoring of direct reports. Fosters a positive and engaged work environment that promotes both individual and team/functional skill development
Lead a team of Treaty Developers in the writing, executing and distributing of traditional reinsurance and retrocession legal documents
Partner with client and RGA’s Legal, Accounting, Pricing, Risk Management, and other internal stakeholders to ensure accurate legal documents and reporting

Qualification

Reinsurance treaty knowledgeLife insurance experienceNegotiation skillsManagement experienceAnalytical skillsContract law understandingCommunication skillsProcess improvementCustomer service philosophyTeam leadershipProblem-solving skills

Required

Bachelor's Degree in Arts/Sciences (BA/BS) in Math, Finance, Actuarial Sciences, Statistics or related field required
Advanced degree/certification (JD, FSA, CPA or MBA), or equivalent experience required
10+ Years of life or health insurance/reinsurance experience required
Advanced knowledge of broad business practices required
Advanced ability to comprehend and interpret insurance and contract documents. Expert understanding of reinsurance treaty, treaty documents and individual life insurance products required
Ability to understand RGA and client business objectives, governing laws and regulations, complex accounting and actuarial practices and standards in order to develop and execute complex reinsurance and retrocession treaties. Ability to understand contract law and the implications related to legal documents required
Ability to understand and communicate verbally and in writing, complex legal, actuarial and accounting concepts. Expert ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines required
Ability to organize and document process flows into division standard procedures, create and implement policy and monitor successful adherence required
Ability to understand short and long term implications to RGA's traditional reinsurance deal structures required
Expert investigative, analytical, and problem-solving skills. Expert ability to translate business needs and problems into viable/accepted solutions required
Highly advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received required
Expert ability to implement organizational, divisional, and/or departmental vision and goals that result in achievement required
Expert ability to manage multiple projects and/or teams simultaneously. Highly advanced ability to make timely and effective decisions required
Expert persuasion and negotiation skills when working with internal/external customers to resolve issues/problems. Expert skills in communicating with customers and leading and change required
Expert level of people management skills, demonstrating the ability to lead, mentor, and develop associates; ability to delegate key areas of responsibility effectively, advocate and lead through change required

Preferred

10+ Years developing or drafting life reinsurance treaties or alternatively legal contracts in a professional business-to-business setting preferred
Demonstrated advanced negotiation experience preferred
5+ Years of management experience preferred

Benefits

Annual bonus plan
Long-term equity incentive plan
Full range of health, retirement, and other employee benefits

Company

Reinsurance Group of America, Incorporated

company-logo
Reinsurance Group of America, Incorporated (NYSE: RGA) is a global industry leader specializing in life and health reinsurance and financial solutions that help clients effectively manage risk and optimize capital.

Funding

Current Stage
Public Company
Total Funding
$1.35B
2025-02-26Post Ipo Debt· $700M
2024-05-08Post Ipo Debt· $650M
2008-12-18IPO

Leadership Team

leader-logo
Axel Andre
Chief Financial Officer
linkedin
leader-logo
Jeffrey Hopson
SVP - Investor Relations
linkedin
Company data provided by crunchbase