At a Glance
- Tasks: Lead risk management strategies and ensure compliance across the Americas L&H business.
- Company: Join SCOR, a leading global reinsurer with a collaborative culture.
- Benefits: Competitive salary, hybrid work model, health insurance, and retirement plans.
- Other info: Relocation assistance available; commitment to diversity and inclusion.
- Why this job: Make a significant impact on risk management in a dynamic global environment.
- Qualifications: 15+ years in life (re)insurance with strong leadership and risk management experience.
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.
SVP, CRO Americas L&H in London employer: SCOR
SCOR is an exceptional employer that fosters a collaborative and innovative work culture, where employees are encouraged to engage with industry leaders and contribute to meaningful solutions in risk management. With a strong commitment to employee growth, SCOR offers robust development opportunities, competitive compensation packages, and a hybrid work model that promotes work-life balance, making it an attractive choice for professionals seeking to make a significant impact in the Life & Health sector across the Americas.
StudySmarter Expert Advice🤫
We think this is how you could land SVP, CRO Americas L&H in London
✨Tip Number 1
Network like a pro! Reach out to connections in the industry, attend events, and engage on platforms like LinkedIn. The more people know you, the better your chances of landing that dream role.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their risk management strategies and be ready to discuss how your experience aligns with their needs. Show them you’re not just another candidate!
✨Tip Number 3
Practice your pitch! Be clear about your value proposition and how you can contribute to their risk management framework. Confidence is key, so rehearse until it feels natural.
✨Tip Number 4
Don’t forget to follow up after interviews! A simple thank-you email can keep you top of mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit.
We think you need these skills to ace SVP, CRO Americas L&H in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in risk management, especially in the life and health sectors. We want to see how your background aligns with the responsibilities outlined in the job description.
Showcase Your Leadership Skills:As a senior role, we’re looking for evidence of your leadership capabilities. Share specific examples of how you've led teams or projects, particularly in complex risk environments. This will help us see your potential fit for the CRO position.
Be Clear and Concise:When writing your application, keep it straightforward and to the point. Use clear language to convey your achievements and experiences. We appreciate well-structured applications that are easy to read!
Apply Through Our Website:Don’t forget to submit your application through our official website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at SCOR
✨Know Your Risk Management Framework
Before the interview, make sure you have a solid understanding of risk management frameworks, especially those relevant to Life & Health. Familiarise yourself with regulatory requirements like US RBC and Solvency II, as well as how they apply to the role. This will help you demonstrate your expertise and show that you're ready to take on the responsibilities of the CRO.
✨Prepare for Stakeholder Engagement Scenarios
Think about how you would build relationships with senior stakeholders across the L&H business. Prepare examples of how you've successfully engaged with executive leadership in the past, particularly in challenging situations. This will showcase your ability to act as a trusted advisor and thought leader, which is crucial for this role.
✨Showcase Your Leadership Style
As a candidate for a senior position, it's essential to convey your leadership style. Be ready to discuss how you've developed high-performing teams and fostered a culture of accountability and innovation. Use specific examples to illustrate your approach to team leadership and talent development, as this will resonate well with the interviewers.
✨Demonstrate Strategic Thinking
Prepare to discuss how you would integrate risk considerations into business planning and execution. Think strategically about potential risks and how you would proactively challenge business initiatives. This will highlight your ability to influence decisions through a risk lens, which is a key aspect of the CRO role.
