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Armonk, NY, US

Head of Compliance Resinsurance


About Swiss Re

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime.

At Swiss Re we combine experience with creative thinking and cutting-edge expertise to create new opportunities and solutions for our clients. This is possible thanks to the collaboration of our 15,000 employees across the world.

We offer a flexible working environment where curious and adaptable people thrive. Are you interested in joining us?


About the Role:


  • Plan for and manage cost center budget, FTEs and skills/competency of team
  • Manage, coach and develop talent within global team
  • Plan, progress and monitor delivery of Compliance Plan for the respective activities
  • Provide updates on relevant and material compliance risk topics for senior management, legal entity and Business Unit reporting
  • Promote and participate in strategic planning and execution, including improvements to the Compliance Programme and Compliance Risk Assessment process


Reinsurance Compliance Expertise

  • Establish relationships with senior management in Reinsurance
  • Perform detailed compliance risk assessments for the purposes of developing a Compliance risk heat map and allocate planning and assurance resources appropriately
  • Assess and report compliance risk exposure of, region, Legal Entities and Business Unit
  • Compliance reporting to relevant Reinsurance and Group board and management-level committees
  • Provide compliance enabling guidance to clients (implementation of policies, best practice processes and controls, business decision evaluations related to initiatives and projects, and project support related to compliance matters)
  • Monitor regulatory changes to ensure requirements are captured through Compliance monitoring tool and adhered to and adequately mitigated
  • Support business led compliance risk assessment
  • Develop and maintain local policies in coordination with global policy framework and support development of global policies/standards
  • Develop and deliver training in coordination with global team
  • Monitor processes & controls that address compliance risks in coordination with the global framework
  • Act as a point of contact for local regulators for exams, investigations, reviews, in coordination with Regulatory Risk Management
  • Receive, identify and report issues, losses & incidents and provide remediation recommendations
  • Perform investigations in coordination with the Assurance team
  • Coordinate with Regulatory Risk Management and Legal
  • Serve as formal Officer for regulated and unregulated entities as required
  • Support for the Coordinated Assurance Framework working in close collaboration with Group Internal Audit and Risk Management
  • Serving as lead Key Risk Taker and Control Risk Behavior assessor of Reinsurance KRTs and business
  • Support for the Coordinated Assurance Framework working in close collaboration with Group Internal Audit and Risk Management


About the Team:

This role reports to the Swiss Re Chief Compliance Officer and is a member of the Compliance Management Team.  This person is responsible for managing the global client compliance team for the Reinsurance Business Unit. **This role can be based in Armonk, Zurich or London.


About You:

  • University or equivalent qualification
  • Fluent in English, other languages a plus
  • Minimum 8 years compliance, legal, audit, governance or risk management experience, preferably in a financial services company
  • Knowledge of insurance/reinsurance business
  • Solid understanding of control processes and systems
  • Strong ability to identify risk and assess process controls
  • Strong project management and analytical skills
  • Strong communication, interpersonal and presentation skills
  • Prior experience with team management a plus

Reference Code: 92998