Summary
About this role
Are you interested in Treasury work that encompasses both the asset and liability sides of the balance sheet in an ongoing pursuit of optimizing capital, liquidity, and financial performance? If this appeals to you read on to learn about this role!
About the Role
You will experience exposure to a variety of business topics, ranging from Reinsurance to Primary business, from Life & Health lines to Property & Casualty lines across the US, Canada, and Latin America.
Main tasks and activities:
- Monitor the region's capital and liquidity generation, and work with the central Capital Management team and the business to improve these financial KPIs
- Support the implementation and structuring of the regional intra-group retrocession program
- Monitor the capital levels of the region's entities and branches, ensuring entities are well capitalized and dividends are repatriated in accordance with the Group's capital management policies
- Lead and/or support in strategic initiatives and projects relevant to treasury activities both in the Americas and around the globe
- Engage with Asset Management, the central Treasury team, and local Finance to assess the capital implications of investment and foreign exchange positions of local entities
- Be a key business partner with strong commercial focus, supporting the business in reviewing and structuring large transactions from a treasury perspective and as part of the broader Finance transaction review process
- Support the preparation and presentation of materials to key stakeholders
Note this role is not a cash management or collateral management role.
About the Team
The Capital Management Americas team represents Treasury in the region, implementing the target capital structure for the business units and supporting the regional CFOs and business teams on all treasury related topics. We are responsible for capital and liquidity management, as well as asset-liability management and the Finance transaction review process across the Swiss Re Group. We are organized into three regional capital management teams based in Zurich for EMEA, Armonk NY for the Americas, and Singapore for APAC, as well as a central asset-liability management team based in Zurich.
We are flexible in structuring our tasks and frequently work together on initiatives across teams. We constantly strive to improve our understanding of value creation in the context of Swiss Re and to use this knowledge to increase our effectiveness
About You
You have a solid track record analyzing and structuring solutions to complex problems. An ability to deliver in both a wider team environment and by working independently enable you to meet tight deadlines and work on multiple projects at the same time with success.
Creative, open-minded and enthusiastic describes you! And your strong social and communication skills help you thrive when interacting with senior management.
Additional requirements include:
- 6+ years of working experience in the financial service industry
- Appropriate academic or professional qualification, demonstrating strong quantitative ability
- Understanding of:
- Reinsurance, accounting principles, and US and/or Canada regulatory solvency regimes
- Corporate finance and capital management, including strong desire to learn more
- Structure, value drivers, and risks inherent in reinsurance products. Understanding of debt instruments, and capital market structures is a plus
This role is flexible to our Armonk, NY, or New York City, NY offices. Our company has a hybrid work model where the expectation is that you will be in the office three days per week.
The estimated base salary range for this position is $136,000 to $204,000. The specific salary offered for this, or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.
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. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.
During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.
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Reference Code: 136709
Other facts
About Swiss Re
The Swiss Re Group is a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. Dealing direct and working through brokers, its global client base consists of insurance companies, mid-to-large-sized corporations and public sector clients. From standard products to tailor-made coverage across all lines of business, Swiss Re deploys its capital strength, expertise and innovation power to enable the risk taking upon which enterprise and progress in society depend.
Founded in Zurich, Switzerland, in 1863, Swiss Re serves clients through a network of over 70 offices globally and is rated "AA-" by Standard & Poor's, "Aa3" by Moody's and "A+" by A.M. Best. Registered shares in the Swiss Re Group holding company, Swiss Re Ltd, are listed in accordance with the Main Standard on the SIX Swiss Exchange and trade under the symbol SREN.
We're smarter together.
For more information about Swiss Re Group, please visit: www.swissre.com, follow us on X @SwissRe and subscribe our YouTube channel @swissretv.
What you'll do
- The Treasury Officer will monitor capital and liquidity generation, support the implementation of the regional retrocession program, and engage with various teams to assess capital implications. They will also lead strategic initiatives and support the preparation of materials for stakeholders.
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