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Vice President

3 months ago


Toronto, Canada Brookfield Asset Management Inc. Full time
Location

Brookfield Place - 181 Bay Street

Business - Reinsurance

Brookfield Reinsurance Ltd. ("Brookfield Reinsurance", "BNRE"; NYSE/TSX: BNRE) is the public vehicle of Brookfield's newest core pillar, Insurance Solutions, and operates a leading capital solutions business providing insurance and reinsurance services to individuals and institutions, with approximately $100 billion of AUM. Through its operating subsidiaries, Brookfield Reinsurance offers a broad range of insurance products and services, including life insurance, annuities, and personal and commercial property and casualty insurance. Brookfield Reinsurance's assets are managed by Brookfield Asset Management (NYSE/TSX: BAM), Brookfield's leading global alternative asset manager with over $900 billion of assets under management across real estate, infrastructure, renewable power and transition, private equity and credit.

Brookfield Culture

Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

Position Summary

The Vice President, Reinsurance Technology will work with the SVP, Technology Services to oversee the overall technology function for the new BAM Re business, including the delivery of business solutions and technology services. This role will entail managing all Reinsurance technology operations and projects, application implementation, technology risk management, and technical support functions. The Vice President, Reinsurance Technology will also help assemble and lead a Technology team for the new Reinsurance business.

Responsibilities

Manage a portfolio of Reinsurance (Risk, Portfolio Accounting, Actuarial Modelling, Treaty Administration) technology platforms, with overall responsibility for the management and maintenance of all Reinsurance technology applications, primarily, Blackrock Aladdin, Clearwater Analytics, Bloomberg and TAI

Effectively manage vendor relationships
  • Define strategic technology roadmap in collaboration with business partners and Brookfield Technology Services
  • Serve as conduit between technology stakeholders, managed service team, and business partners
  • Ability to understand and document business objectives or requirements, lead deployment and implementation of new Reinsurance applications
  • Lead technology vendor integration
  • Track technology budget, monitor and analyze the cost and effectiveness of technology service providers and applications
  • stablish best practices and controls for application deployments, database operations, strategic planning, vendor management, risk management
  • Implement risk management standards and controls to ensure identification and mitigation of all potential risks
  • Work to enhance productivity and efficiency throughout the organization through technology and automation


Requirements & Qualifications
  • Computer Science university degree/college diploma or equivalent (including but limited to Business, Technology, Mathematics, Engineering)
  • At least 10 years of experience in technology services within the reinsurance or insurance industry, with a minimum of 5 years of experience in leadership roles
  • Solid knowledge of trade life-cycle management
  • STAT, IFRS 17 and GAAP understanding
  • Direct experience with managing multiple vendor relationships and implementation of new technologies
  • Comfort with ambiguity and uncertainty in a new operating environment
  • Ability to handle complex and dynamic responsibilities, this is a new position and the role will evolve over time
  • Strong written and oral communication skills, ability to synthesize and present information to all organization levels
  • Strong interpersonal skills, ability to work with others within and across organizations with professionalism and sensitivity to geographical and cultural differences


  • Demonstrated leadership experience, ability to effectively lead, motivate, and communicate with an entirely new team in both virtual and in-person environments (when possible)


Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment.

Brookfield is committed to creating an accessible and inclusive organization. We are committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act. Should you require a Human Rights Code-protected accommodation through any stage of the recruitment process, please make them known when contacted and we will work with you to meet your needs.