VP, Business Development at Reinsurance Group of America, Incorporated | London | Rezi

VP, Business Development at Reinsurance Group of America, Incorporated

VP, Business Development

Reinsurance Group of America, Incorporated · London

3 weeks ago

VP, Business Development

Reinsurance Group of America, Incorporated · London

a month ago
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About the Role

This role within the UK Business Development function will help to grow and develop RGA’s business in the UK and Irish markets. Responsibilities include defining and implementing strategy, owning key products, managing client relationships, and leading reinsurance transactions. The individual will enhance RGA’s reputation through thought leadership and relationship development, and collaborate with internal teams to ensure best-in-class client service and deal execution.

Responsibilities

  • Ensure RGA meets its new business and financial targets in the reinsurance marketplace.
  • Lead or contribute to the development of product strategies and action plans for prospective new opportunities and new clients.
  • Design and structure solutions in collaboration with other teams.
  • Be part of the UK Leadership team, driving the growth of the UK business.
  • Establish and prioritize market opportunities.
  • Respond to tenders and ad-hoc client queries in a timely manner.
  • Drive strategy and monitor progress of responses.
  • Lead negotiation and structuring of reinsurance solutions to develop executable transactions.
  • Lead the execution of transactions.
  • Track issues and challenges, ensuring RGA procedures are followed and approvals obtained.
  • Develop relationships at primary clients, brokers, banks, and consultants, including c-suite.
  • Own key client accounts and drive client-related initiatives.
  • Position RGA as the trusted advisor and reinsurance partner of choice.
  • Gain market intelligence, insights into market activities, and partnership opportunities.
  • Communicate insights to the wider team and senior internal stakeholders.
  • Enhance RGA’s reputation and brand in the market by presenting at seminars and publishing articles.
  • Help to develop and implement the UK marketing and branding strategy.
  • Maintain professional and technical knowledge by attending workshops, reviewing publications, establishing networks, and participating in professional societies.
  • Understand international accounting, solvency, and other regulations impacting clients.
  • Share expertise with others in RGA.
  • Understand financial statements, embedded value reports, and other public information for major account clients.
  • Perform other duties as assigned.

Requirements

  • Minimum 10-15 years’ insurance, reinsurance, or finance experience in a similar role.
  • Experience in a client-facing/sales/structuring role.
  • Proven ability to lead a deal team through a complex execution process.
  • Proven ability to negotiate with large clients on high-value transactions.
  • An understanding of insurance accounting, tax, regulatory requirements, and investments.
  • Sound understanding of local markets.
  • Detailed understanding of the drivers of the financial services industry.
  • Proven ability to successfully manage teams with layers of management.
  • Proven ability to influence key stakeholders internally and externally.

Skills

  • Relationship Building: Excellent communication and interpersonal skills.
  • Client Focus: Solution-oriented approach.
  • Strategic Execution: Ability to define and execute business development strategies.
  • Results-Driven: Strong focus on achieving goals and deadlines.
  • Deal Negotiation: Excellent negotiation skills.
  • Teamwork & Collaboration: Ability to contribute to a collaborative environment.
  • Communication & Innovation: Excellent written and presentational skills.
  • Technical & Commercial Acumen: Strong understanding of technical and commercial aspects of business development.
  • Strategic Thinking: Ability to think strategically while managing shorter-term requirements.
  • Leadership skills: Proven leadership abilities, including motivational skills and strength of character.

Location

  • UK
  • Irish markets

Work Type

  • Full-time

Experience Level

  • 10-15 years

Education Level

  • Related degree, or equivalent experience and professional qualification is preferable.
  • Qualified Actuary (preferred but not required)

Benefits

  • 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.
  • Experience vast, endless career potential.

About the Company

  • 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.
  • The only global reinsurance company to focus primarily on life- and health-related solutions.
  • Driven by our purpose, we work to solve today’s challenges while looking ahead to tomorrow.
  • We are thinkers, creators, and innovators.
  • We share a belief that change happens when people collaborate for good.
  • We work to make a difference every day at RGA.

Equal Opportunity

  • To create a modern and seamless experience, we use artificial intelligence (AI) in parts of our preliminary screening process. This technology helps us personalize job recommendations, automate interview scheduling, evaluate candidates based solely on experience—without considering name, gender, or other personal details—and provide real-time answers through our chatbot. AI is used only during early screening and never makes hiring decisions. Your RGA recruiter will work closely with you every step of the way to ensure the process feels personal, thoughtful, and focused on you.