VP, Business Development in London

VP, Business Development in London

London Full-Time 80000 - 120000 £ / year (est.) No working from home possible
Reinsurance Group of America, Incorporated

At a Glance

  • Tasks: Lead project teams to complete innovative reinsurance and investment transactions across EMEA.
  • Company: Join RGA, a Fortune 200 company focused on life and health solutions.
  • Benefits: Collaborative culture, global exposure, and endless career potential.
  • Other info: Dynamic environment with opportunities for personal and professional growth.
  • Why this job: Make a real impact in financial protection while working with diverse, talented colleagues.
  • Qualifications: Degree in Business or related field; experience in insurance or finance preferred.

The predicted salary is between 80000 - 120000 £ per year.

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 role within the business manages execution teams through to the completion of transactions and other new business initiatives within the 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.

What You Will Do

  • Manage project teams to structure and complete reinsurance, investment and acquisition transactions in EMEA.
  • Lead others to solve complex problems, exercise judgement and identify innovative solutions throughout the transaction process.
  • Work independently to co-ordinate teams across multiple functions and geographies.
  • Co-ordinate complex transactions and develop communications in support of the project team, identify and document follow-up items and ensure completion.
  • Coordinate the processes of analysing 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 maximise the chance of a successful outcome.
  • Provide regular communication of the status of a transaction and key outstanding issues, deadlines, challenges, etc. to stakeholders and senior management.
  • Coordinate all 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, bankers, brokers and other market participants.
  • Ensure operational effectiveness within the region, interpreting business challenges recommending and implementing best practices to improve processes.
  • Coordinate implementation of successful transactions and provide ongoing support as necessary.

Qualifications

  • BSc/BA in Business, Actuarial Science or related degree, or equivalent experience.
  • Insurance, reinsurance or finance experience.
  • Experience specialising in one or more of the following:
    • Financial reporting
    • Statutory & GAAP Accounting
    • Detailed insurance/reinsurance regulation & structure
    • Actuarial principles and/or modelling
    • Investment concepts
    • Capital management
  • Project management experience.

Skills 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 to 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.
  • 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.

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.

VP, Business Development in London employer: Reinsurance Group of America, Incorporated

RGA is an exceptional employer that champions innovation and collaboration within a diverse, multinational team. With a strong focus on employee growth and a culture that values individuality, RGA offers a respectful environment where you can thrive professionally while making a meaningful impact in the life and health reinsurance sector. Join us in EMEA to unlock vast career potential and contribute to our mission of making financial protection accessible to all.

Reinsurance Group of America, Incorporated

Contact Details:

Reinsurance Group of America, Incorporated Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land VP, Business Development in London

Tip Number 1

Network like a pro! Reach out to people in your industry on LinkedIn or at events. A friendly chat can lead to opportunities that aren’t even advertised yet.

Tip Number 2

Prepare for interviews by researching the company and its culture. We want to see how you fit into our mission at RGA, so show us you’re passionate about making financial protection accessible!

Tip Number 3

Practice your pitch! Be ready to explain how your skills and experiences align with the role of VP, Business Development. We love seeing candidates who can clearly articulate their value.

Tip Number 4

Don’t forget to follow up after interviews! A quick thank-you note can keep you top of mind and shows us you’re genuinely interested in joining our team.

We think you need these skills to ace VP, Business Development in London

Project Management
Analytical Skills
Problem-Solving Skills
Communication Skills
Leadership Skills
Interpersonal Skills
Attention to Detail

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the VP, Business Development role. Highlight your relevant experience in managing project teams and solving complex problems, as these are key aspects of the job. We want to see how your background aligns with our mission at RGA!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how you can contribute to RGA's goals. Be sure to mention your experience in insurance or finance, as well as your ability to collaborate with diverse teams.

Showcase Your Communication Skills:Since this role requires advanced communication skills, make sure your application reflects that. Use clear and concise language, and don’t shy away from demonstrating your ability to convey complex ideas simply. We love candidates who can communicate effectively across various disciplines!

Apply Through Our Website:We encourage you to apply directly through our website for the best chance of success. This way, your application will be seen by the right people, and you’ll be one step closer to joining our innovative team at RGA. Good luck!

How to prepare for a job interview at Reinsurance Group of America, Incorporated

Know Your Stuff

Make sure you understand the ins and outs of reinsurance, investment, and acquisition transactions. Brush up on your knowledge of financial reporting and actuarial principles, as these will be key topics during your interview.

Showcase Your Leadership Skills

Prepare examples that highlight your experience in managing project teams and solving complex problems. Be ready to discuss how you've led others through challenging situations and what innovative solutions you've implemented.

Communicate Clearly

Practice articulating your thoughts clearly and concisely. Since this role involves regular communication with stakeholders, being able to convey complex information in an understandable way is crucial. Consider doing mock interviews to refine your delivery.

Demonstrate Your Collaborative Spirit

RGA values collaboration, so be prepared to discuss how you've worked with diverse teams across different functions and geographies. Share specific instances where your teamwork led to successful outcomes, showcasing your ability to build relationships and foster a positive working environment.