Reinsurance Prudential and Regulatory Affairs Specialist

Post Date

Aug 16, 2023

Location

New York,
New York

ZIP/Postal Code

10005
US
Jul 12, 2025 Insight Global

Job Type

Contract,Perm Possible

Category

Accounting / Finance

Req #

NYC-644655

Pay Rate

$68 - $101 (hourly estimate)

Job Description

The candidate will contribute to the Prudential and Regulatory Affairs department as it guides the group in its regulatory environment. The candidate will monitor global and local developments, identify trends in regulatory and supervisory matters, and assess their potential impacts on the company, while providing group input and support to local or entity specific initiatives. The candidate will report its findings to the group's Board and senior management while developing elements of the company's risk management's response to regulatory initiatives, engaging with key stakeholders from across the Company Group to do so.

Required Skills & Experience

-knowledge and experience in the insurance sector

-understanding of financial and actuarial issues stemming from insurance business, capital management, risk management and group economic view vs legal entity view

-ability to navigate and understand prudential regulation and supervisory guidance applicable to the insurance sector

-ability to draft in a short timeframe impactful paper, risk reports, ppt presentations, or responses to consultations to advocate for the company's position towards appropriate regulation and supervision

-ability to reach out to and maintain large networks of external and internal stakeholders, and to obtain timely engagement to work out the company's position on regulatory issues or deliver on supervisory requests

-interest in topical regulatory and supervisory priorities in terms of addressing climate change and ESG issues and addressing digital and cyber security issues

-Bachelor's Degree

Nice to Have Skills & Experience

-prior experience as an insurance supervisor

-prior experience as an actuary, insurance contract lawyer, or consultant in the financial services

-familiarity with Solvency II and/or the European legislative process (EIOPA, EC, Council, Parliament)

-proficient in xl and/or data analytics tool such as PowerBI

-prior experience in coordinating projects involving a wide array of stakeholders.

-prior experience on ESG or cyber matters.

Benefit packages for this role will start on the 31st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law.