CEO and Head of Reinsurance Operations EuropeLocation: Dublin, IE
Description:
Full Time Permanent positionHybrid role based in our City Centre offices What we offer We have embraced a hybrid working model for most of our positions, which means that you can enjoy a balanced approach of working from home for part of the week and working from the office for the remainder of the week.
We offer a comprehensive benefits package including competitive salaries and bonuses, robust Learning and Development support, excellent Defined Contribution pension and comprehensive Wellbeing initiatives and support.
Role OverviewThis is a dual role as Chief Executive Officer for CLReI dac and Head of Reinsurance Operations Europe with responsibility for the strategic development, leadership, operational excellence and day to day oversight of Canada Life Reinsurance's (CLRe) Dublin location.
CLRe Dublin is the centre of excellence for European life and annuity, Asia Pacific and Global P&C reinsurance.
As the Head of Reinsurance Operations Europe, you will have responsibility for leading a high-performance operating environment through the coordination of functional and business activities to ensure delivery of CLRe's ambitions for revenue generation, operational effectiveness and talent management.
The individual will be a member of the Senior Leadership Team of CLRe which has 360 staff generating C$900M earnings per year.
As CEO and Director of CLReI dac you will have primary responsibility to ensure CLReI dac is effectively and efficiently managed in line with regulatory requirements and CRS objectives.
This role requires a combination of strong leadership, business acumen, strategic oversight, analytical and project management skills as well as the ability to collaborate with and influence cross-functional teams at the most senior level.
The role will partner with the senior leadership team to drive positive sustainable change recognising the importance of brilliant basics.
The individual will be responsible for building on CLRe's high performance culture with a focus on continuous improvement and performance excellence.
They will be a charismatic and inspirational leader who understands the importance of our people and embodies the values that underpin our culture.
They work closely with the Head of People and Culture to attract, develop and retain high calibre talent while enhancing the overall employee experience.
The individual will have a growth mindset and strong emotional intelligence.
They will instil discipline and accountability across the company and adapt to changing priorities as they arise.
This is a permanent role based in Dublin and will involve international travel.
ResponsibilitiesAs a key member of the global reinsurance executive team, establish and refine the global CRS strategy by driving and leading strategic initiatives specific to the Dublin and European locations.Lead the Dublin leadership team, fostering a strong sense of accountability while empowering the teams to fulfil the local and global mandate.Translate the business strategy and vision into tangible deliverables that are cascaded down to every team and individual.Lead and oversee all aspects of the CLRe Dublin strategy relative to people and culture, technology, infrastructure and process improvement in line with CLRe's global strategy and vision.Act as the Head of Office for the Dublin location.Maintain a strong, collaborative network between the Dublin office and CLRe's global operations.Lead by example ensuring our vision and values are communicated regularly and continue to guide the behaviours of our people.Develop and enhance the operational effectiveness and capabilities of the Dublin location.Lead and sponsor process improvement initiatives within the Dublin office.Lead the Dublin Operations team that is responsible for inforce client management and reporting.Ensure effective coordination of business and functional activities to drive business results.Leadership Act as an inspirational role model to develop and foster a culture of performance excellence based on accountability, discipline and continuous improvement.Manage the complexities of a hybrid working office placing importance on effective leadership, communication, openness and in-person collaboration.Ensure the people and culture strategy is aligned to the company's brand, values and business objectives.Ensure the performance management system is aligned with our drive for performance excellence.Ensure appropriate frameworks are in place to enhance the long-term sustainability of the division including talent management, succession planning and resource planning to meet the future needs of the business.Develop, mentor and coach leaders and managers to reach their full potential.Ensure that brilliant basics are in place in all facets of the business.Challenge the status quo in the matrix environment and identify opportunities to streamline inefficiencies and implement positive change.Oversee the employee engagement results and work with the business and HR to identify and implement action plans with dedicated owners and follow up.Other Discharge such other duties consistent with the position of Chief Executive Officer and Director as may be required from time to time by the Board.Prepare and present insightful, concise management reporting to enable the Board and its Committees to discharge their responsibilities effectively.Effective representation of the business in third party interactions with regulators, government, industry bodies, business partners and media.Knowledge Knowledge of insurance and reinsurance market and trendsOperational knowledge and awareness of drivers of success (including technology and process improvement)Financial knowledge and drivers of cash, profit and capitalProduct knowledgeKnowledge and understanding of requirements of different stakeholdersAwareness of other markets and trendsA well-rounded understanding of the drivers of sustainable growth and successSkills Strong leadership skills with a growth and agile mindsetExcellent communication skills (verbal and written)Strong organisational and planning capabilityDisciplined and focused on accountability and delivery of resultsStrong interpersonal skillsGood networkerExperience Experience in life assurance, pensions or reinsurance market, ideally international experience (reinsurance experience preferred)Experience in a senior leadership roleExperience dealing with key clients and distributorsExperience dealing with complex financial statements and / or risk management on complex businessExperience in a regulated roleExperience of presenting at committee and Board levelExperience of leading a complex and multi-functional team in a matrix environmentPersonal Characteristics Strong emotional intelligence and a high level of self-awarenessStrategic thinker who welcomes diversity of thought and challenges the status quoCreative problem solverIntegrity and ethicalCourage and tenacityInfluentialTechnical Competency Actuarial background beneficial but not essential, financial qualification essentialTechnically astute with an innovative mindset Fitness & Probity This role is a 'pre approved controlled function' as defined by the Central Bank Reform Act 2010 Regulations 2011.
Any appointment will be conditional on the company being satisfied that the appointee meets the requirements as set out in the Fitness and Probity standards issued by the Central Bank and that the appointment has been approved in writing by the Central Bank.
About us Canada Life Reinsurance (CLRe) is a division of Great-West Lifeco Inc. (Lifeco) and a leading provider of client focused reinsurance solutions in the United States, Europe and, more recently, Asia.
CLRe offers a range of innovative risk and capital management solutions covering mortality, longevity, health, lapse and investment risk for insurers, reinsurers, and pension funds.
CLRe is continuing to expand the reinsurance solutions it offers to new and existing clients in many global markets.
CLRe has offices in Dublin, Toronto, Philadelphia, Bermuda, Barbados, and Regina.
The Dublin office is the base for CLRe's European and Asian operations as well as the Irish reinsurance entity, Canada Life Re Ireland dac (CLReI).
CLReI is comprised of approximately 160 reinsurance professionals, including 110 actuaries and trainee actuaries.
We offer a collaborative, open and friendly environment where high performance and hard work are recognised and rewarded.
CLReI is proud to be an Equal Opportunities employer.
We have created an environment where diversity of thought and perspective is embraced and where everyone can bring their full selves to work and feel valued, respected and supported to reach their full potential.
As a Company we are committed to a diverse and inclusive workplace where employees can thrive and reach their full potential.
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