South Korea Job Openings

General Re Corporation

Compliance and Risk Officer

FULL TIME

October 4, 2024

Compliance and Risk Officer
Shape Your Future With Us
General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re.
Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of 37 offices, we have earned superior financial strength ratings from each of the major rating agencies. We value diversity, equality and inclusion and promote a culture that supports professional and personal growth

Your Role
As the Compliance and Risk Management Officer for Gen Re Seoul Branch, you will report to the Chief Executive Officer of Seoul Branch and Corporate General Counsel. You will lead the local regulatory compliance and risk function. You will be contact point for the local competent supervisory authorities and responsible for apprising the Board and senior management on applicable acts, rules, regulations, guidelines and circulars.

Your Key Responsibilities
  • Ensuring that the Branch and its business activities' comply with the provisions of applicable laws and regulations as well as related regulatory directions and internal policies by:
  • Monitoring and reviewing local legal and regulatory developments
  • Identifying, assessing, and reporting on compliance risks
  • Developing and reviewing the branch and Gen Re's compliance management framework
  • Preparing and executing the annual branch compliance plan
  • Managing compliance inspections
  • Operationalizing the internal control and ERM framework at branch level
  • Informing and training local employees on compliance matters material to the branch, including data privacy
  • Perform other regulatory compliance and risk duties and functions as required

Your Profile
  • Degree qualified and preferably in law
  • At least 5 years of working experience in compliance functions of (re)insurance company in South Korea
  • Proven implementation and execution track record of compliance initiatives
  • Affinity for mathematical calculations and risk management concepts
  • Adept at data / information collation for reporting and preparation of compliance / risk documents purposes
  • Proficiency in written and spoken Korean and English as you will need to review documents and manage stakeholders in these languages
  • Excellent communications and interpersonal skills
  • Able to work independently as well as a strong team player
  • This is a contractual role and fractional work of 4 days a week may be considered

We offer a
  • highly professional and inclusive work environment that values excellence, integrity, personal responsibility and the unique talent of each employee
  • flat management hierarchy and team-based environment that promote collaboration and free-flowing communication
  • market competitive remuneration package commensurate with experience and qualifications, with a comprehensive suite of employee benefits
Does this sound exciting?
If you want to shape your future with us, we look forward to receiving your application via the link.

Contact
Human Resources

Our Address

General Reinsurance AG
Seoul Branch
18FGwanghwamun Building
149Sejong-daero, Jongno-gu
Seoul,03186 (Korea)
Job ID req544

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