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.
A Brief Overview
This experienced insurance/reinsurance regulatory attorney provides strategic legal counsel on regulatory matters germane to RGA's business. This role will support our worldwide reinsurance operations by: (i) advising as to the scope and applicability of proposed and current laws and regulations; (ii) managing the relationship with RGA's group supervisor the Missouri Department of Commerce and Insurance, the Bermuda Monetary Authority and regulators in states including New York; (iii) managing supervisory college(s) and any market conduct and rate exams called upon the RGA companies; (iv) overseeing regulatory filings and communications with regulators; (v) working with trade associations of which RGA is a member; and (vi) supporting the regulatory strategy of RGA on a world-wide basis.
What you will do:
- Laws and regulations: Provide timely advice on proposed and existing laws and regulations impacting insurance and reinsurance business on a global basis. Advise on the applicability and scope of data protection and privacy, artificial intelligence, anti-money laundering, sanctions and investment related laws and regulations. Work with RGA's government relations, business, compliance and transactions teams to develop and execute strategy related to achieving compliance, efficiency, and the enhancement of business capabilities
- Management of Supervisory Colleges and Insurance Examinations: Provide legal guidance on the conduct of supervisory colleges, market conduct and rate examinations. Collaborate with business units in the IT security teams on legal aspects of security controls and frameworks. Advise on regulatory cybersecurity requirements for financial services and insurance sectors
- Trade Association Coordination and Participation: Work with trade associations in the analysis of and response to proposed and existing laws and regulations impacting RGA's business
- Regulatory Compliance & Risk Management: Monitor and interpret current and proposed laws and regulations globally. Liaise with regulatory authorities on regulatory matters. Support internal audits and regulatory examinations related to regulations. Advise senior management on emerging laws and regulations applicable to insurance and reinsurance
- Cross-Functional Collaboration: Ability to coordinate legal and regulatory response to laws and regulations. Partner with transactions teams, risk management, compliance, and business teams on data-related initiatives. Support M&A due diligence on regulatory matters. Collaborate with external counsel and regulatory consultants as needed. Participate in industry associations and regulatory working groups. Contribute to enterprise risk management and business continuity planning
Qualifications:
Education and Experience:
Required:
Preferred:
Skills and Abilities:
Required:
Preferred:
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What you can expect from RGA:
Compensation Range: $175,650.00 - $261,600.00 Annual
- JD Law Degree from a United States accredited law school or equivalent accredited institution
- 10+ Years Legal experience with significant focus on insurance and/or reinsurance regulation and transactions
- Experience with credit for reinsurance principles
Preferred:
- Big law firm experience with financial services, regulatory, transactions and/or insurance and reinsurance practice groups
- In-house counsel experience at a financial services, insurance, or technology company
- Knowledge of U.S. reinsurance business operations
- Experience with offshore reinsurance regulation
Skills and Abilities:
Required:
- Deep understanding of reinsurance regulation and law, sanctions laws, and life and health reinsurance
- Understanding of global business and regulatory schemes
- Extensive knowledge of the process and model acts and regulations maintained by the International Association of Insurance Supervisors and the National Association of Insurance Commissioners
- Highly advanced interpersonal skills, with demonstrated ability to positively influence change among clients and working groups.
- Expert ability in implementing change within an organization, ensuring understanding, participation, and ownership
- Highly advanced oral and written communication skills including presentation skills, demonstrating the ability to convey information in a way that is meaningful and well received by stakeholders and team members
- Expert skills in managing multiple projects and/or sub-teams simultaneously
- Highly advanced ability to make timely and effective decisions and produce results through strategic planning and the implementation and evaluation of programs and policies
- Highly advanced ability to implement organizational, divisional and/or departmental vision and goals that result in achievement and success through exceptional leadership skills, collaboration, creative thinking, maintaining focus, and persistence, even under adversity, while maintaining the confidence of associates and customers
- Expert ability to work well within and manage a team
- Licensed to practice law in a major jurisdiction (US preferable, otherwise UK, EU, or other relevant markets)
Preferred:
- Knowledge of U.S. reinsurance business operations and data flows
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.
Compensation Range: $175,650.00 - $261,600.00 Annual
Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.
RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.
RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.