At a Glance
- Tasks: Lead risk management strategies and ensure compliance across the Americas L&H business.
- Company: Join SCOR, a global leader in reinsurance and insurance solutions.
- Benefits: Competitive salary, hybrid work model, health insurance, and retirement plans.
- Other info: Dynamic environment with opportunities for professional growth and development.
- Why this job: Shape the future of risk management while collaborating with top industry experts.
- Qualifications: 15+ years in risk leadership, strong analytical skills, and a degree in relevant fields.
The Chief Risk Officer (CRO) for Life & Health (L&H) Americas is a senior leader responsible for the strategic oversight and execution of the risk management framework across the Americas L&H business. This role ensures that risks are effectively identified, assessed, monitored, and managed in alignment with Group and local risk appetites and regulatory expectations. The CRO is a trusted advisor to senior leadership, a key contributor to business strategy, and a visible leader within the global risk community.
Responsibilities
- Strategic Risk Leadership
- Lead the design, implementation, and continuous enhancement of the risk management system, including risk appetite frameworks, governance policies, and risk reporting protocols.
- Provide proactive and credible challenge to business initiatives and transactions, with a particular focus on risk identification and mitigation.
- Represent L&H Americas Risk at senior leadership forums, ensuring risk considerations are fully integrated into business planning and execution.
- Executive Stakeholder Engagement
- Build and maintain strong, influential relationships with senior stakeholders across the L&H business, Group Risk, and other corporate functions.
- Act as a trusted advisor and thought leader on complex risk matters, serving as a strategic partner, promoting best practices and independently identifying risk considerations in complex technical issues.
- Actively contribute to Group-wide risk initiatives and ensure alignment with global risk standards and expectations.
- Risk Oversight & Governance
- Oversee the identification, measurement, monitoring, and management of all material risks, including strategic, underwriting, reserving, ALM, investment, liquidity, operational, and emerging risks.
- Ensure the effectiveness of risk mitigation strategies, including reinsurance and capital management tools.
- Lead the design and delivery of ORSAs and Recovery Plans, ensuring regulatory compliance and strategic relevance.
- Support the activities of SCOR's Group Risk Management function, providing timely and effective input for L&H and Group Risk Dashboards, and L&H papers for key Group Committees.
- Model Risk & Capital Adequacy
- Ensure the Internal Model accurately reflects the risk profile of the business and supports both regulatory capital requirements and strategic decision-making.
- Oversee the development and implementation of Key Risk Indicators (KRIs) and stress testing frameworks to monitor risk exposures and inform management actions.
- Regulatory & Internal Control Compliance
- Ensure full compliance with local and Group regulatory requirements, including ORSA and MAR (Delaware).
- Collaborate with process owners to ensure comprehensive, efficient, and effective control documentation and testing.
- Committee Leadership & Escalation
- Chair or facilitate the SGL US and SGL Canada Risk Committees, ensuring effective governance and timely escalation of material risk issues to Group Risk and executive leadership.
- Project & Change Management
- Lead or sponsor complex, cross-functional risk-related projects and change initiatives, ensuring alignment with strategic objectives, timely delivery, and effective stakeholder engagement.
- Apply structured project management methodologies to drive execution, monitor progress, manage risks, and ensure sustainable outcomes.
- Team Leadership & Talent Development
- Lead, develop, and inspire a high-performing risk team across the Americas, fostering a culture of accountability, collaboration, and continuous improvement.
- Ensure robust succession planning and capability development to support long-term organizational resilience.
Qualifications
- Education: Degree in Actuarial Science, Mathematics, Risk Management, Finance, or Economics; Qualified actuary (e.g. FSA designation).
- Professional Experience: Minimum 15 years of progressive experience in the life (re)insurance or financial services industry, with at least 5 years in a senior risk leadership role; Demonstrated experience in enterprise risk management, including regulatory frameworks (US RBC, Solvency II, Canadian LICAT); Proven track record of leading cross-functional teams and managing complex, multi-jurisdictional risk environments; Experience working in a global organization, with strong exposure to both business and corporate functions.
- Technical & Functional Expertise: Deep understanding of life and health insurance/reinsurance products, risk drivers, and capital implications; Strong command of quantitative risk modeling, internal model validation, and capital adequacy frameworks; Expertise in governance, compliance, and regulatory engagement across North American jurisdictions; Familiarity with project and change management methodologies and experience leading strategic initiatives.
- Leadership & Interpersonal Skills: Strategic thinker with the ability to influence executive stakeholders and shape business decisions through a risk lens; Strong leadership presence with a track record of developing high-performing teams and fostering a culture of accountability and innovation; Excellent communication, negotiation, and stakeholder management skills, with the ability to translate complex risk concepts into actionable insights for diverse audiences.
Relocation assistance within the U.S. is available for this position. Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future.
Hybrid Work Policy: SCOR is committed to an "in office" culture where people can collaborate, exchange ideas, and establish stronger working relationships while still providing flexibility. To support employee work-life balance and increase opportunities for employees to excel every day, SCOR operates with a hybrid working arrangement. SCOR employees work 3 days per week in an office with the flexibility to work 2 days per week remotely.
Pay Range for roles performed in NC: $220,000-$300,000 base salary per year. Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of SCOR's total compensation package for employees. Other rewards may include annual bonuses, short- and long-term incentives. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement saving plan, paid holidays and paid time off.
About Us: As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying "The Art & Science of Risk," SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide. Working at SCOR means engaging with some of the best minds in the industry - actuaries, data scientists, underwriters, risk modelers, engineers, and many others - as we work together to find solutions to pressing challenges facing societies. As an international company, our common culture is defined by "The SCOR Way." Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration. SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.
Americas L&H Chief Risk Officer — Strategic Leader in London employer: SCOR
As a Pricing Actuary at SCOR, you will thrive in a dynamic and innovative work culture that prioritises collaboration and professional growth. With access to cutting-edge pricing tools and methodologies, you will play a pivotal role in shaping the future of specialty insurance while enjoying comprehensive benefits and opportunities for career advancement in the heart of the London market.
StudySmarter Expert Advice🤫
We think this is how you could land Americas L&H Chief Risk Officer — Strategic Leader in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like SCOR looking for candidates who are engaged and informed.
We think you need these skills to ace Americas L&H Chief Risk Officer — Strategic Leader in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at SCOR. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at SCOR
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with SCOR’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
