Executive Director, Structured Solutions

Reinsurance Group of America, Incorporated; Hong Kong; On-site; HKD 1,200,000 - 1,600,000; Full time

Job summary

Reinsurance Group of America, Incorporated is seeking a senior professional to shape client solutions through structured finance and collaboration with Business Development and Investments in a Hong Kong setting.

The role emphasizes advising on inforce block Financial Solutions, overseeing deal executions, and developing innovative propositions such as longevity risk transfer, while coordinating with Finance, Investments and Trading teams to ensure successful outcomes.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance or related disciplines.
• FSA, ASA, CPA, CFA qualification or equivalent; high calibre candidates who are making good progress to being fully qualified will also be considered
• 10 years’ relevant industry experience in reinsurance or finance; expert knowledge of life insurance and reinsurance market or corporate finance
• Strong critical and innovative thinking with the ability to develop business insights, stay intellectually curious to learn technical nuances related to areas of importance
• Highly organized, solutions focused and delivery-orientated with the ability to work with multiple concurrent projects , cyclical work flow and demanding time frames
• Strong interpersonal skills with the ability to negotiate and influence others, convey business terminology that is meaningful and well received at various level of details
• Strong project management skills and ability to partner with internal & external stakeholders in a collaborative manner
• Ability to work effectively under tight deadlines and pressure
• Ability to work independently and to work well within a team environment

Responsibilities

• Customise Structured Solutions for clients jointly with the Business Development team. This will involve defining the clients’ problem statements, introducing and presenting the benefit of the solution as well as calibrating this specifically for the client’s needs.
• Advise on inforce block Financial Solutions transactions both internally and externally when required.
• Working with the deal team to oversee the deal executions for both inforce block and new business flow transactions.
• Address technical issues with clients around the solution, including discussions on the potential capital and financial impact and bridge gap between pricing and BD.
• Establish internal infrastructure within RGA required for launching solutions with the clients including issues around business flow (with Structured Finance) and Investment and Hedging execution (with Investment Solutions and Trading teams).
• Develop monitoring / projection tools to assess the emergence of key performance indicators (e.g. PTAOI) by working with relevant teams (e.g. Finance, Investments and Valuation) to provide updated projections and explain variances to business decision makers.
• Work with relevant teams on the monitoring of funding capacity, new business mix, and relevant limits in the context of New Business Flow.
• Research on regulations with focus on capital impact on clients and the industry. Conduct targeted research on key client financial statements and strategy materials to identify leads and insights to support BD efforts.
• Work with team to develop innovative propositions and product concepts, test new ideas with clients, and bring new structures to market (e.g., longevity risk transfer, fund withheld solutions).

Skills

Critical thinking

Innovative thinking

Interpersonal skills

Project management

Stakeholder collaboration

Education

Actuarial/Math/Stats/Finance degree

FSA/ASA/CPA/CFA qualification or progress

Job description

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.

Key Responsibilities

• Customise Structured Solutions for clients jointly with the Business Development team. This will involve defining the clients’ problem statements, introducing and presenting the benefit of the solution as well as calibrating this specifically for the client’s needs.
• Advise on inforce block Financial Solutions transactions both internally and externally when required.
• Working with the deal team to oversee the deal executions for both inforce block and new business flow transactions.
• Address technical issues with clients around the solution, including discussions on the potential capital and financial impact and bridge gap between pricing and BD.
• Establish internal infrastructure within RGA required for launching solutions with the clients including issues around business flow (with Structured Finance) and Investment and Hedging execution (with Investment Solutions and Trading teams).
• Develop monitoring / projection tools to assess the emergence of key performance indicators (e.g. PTAOI) by working with relevant teams (e.g. Finance, Investments and Valuation) to provide updated projections and explain variances to business decision makers.
• Work with relevant teams on the monitoring of funding capacity, new business mix, and relevant limits in the context of New Business Flow.
• Research on regulations with focus on capital impact on clients and the industry. Conduct targeted research on key client financial statements and strategy materials to identify leads and insights to support BD efforts.
• Work with team to develop innovative propositions and product concepts, test new ideas with clients, and bring new structures to market (e.g., longevity risk transfer, fund withheld solutions).

Requirements

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance or related disciplines
• FSA, ASA, CPA, CFA qualification or equivalent; high calibre candidates who are making good progress to being fully qualified will also be considered
• 10 years’ relevant industry experience in reinsurance or finance; expert knowledge of life insurance and reinsurance market or corporate finance
• Strong critical and innovative thinking with the ability to develop business insights, stay intellectually curious to learn technical nuances related to areas of importance
• Highly organized, solutions focused and delivery-orientated with the ability to work with multiple concurrent projects , cyclical work flow and demanding time frames
• Strong interpersonal skills with the ability to negotiate and influence others, convey business terminology that is meaningful and well received at various level of details
• Strong project management skills and ability to partner with internal & external stakeholders in a collaborative manner
• Ability to work effectively under tight deadlines and pressure
• Ability to work independently and to work well within a team environment

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.