Chief Operating Officer

1 month ago

Hamilton, Ontario, Canada Axcelus Financial Full time
Job Summary

The President & COO – Bermuda is a key leadership role responsible for driving the strategic direction and growth of Axcelus' Bermuda-based life insurance companies. This position requires a seasoned executive with a strong track record of building and leading high-performing teams, developing and executing business strategies, and fostering strong relationships with key stakeholders.

Key Responsibilities
  1. Regulatory Compliance: Ensure Axcelus' Bermuda entities maintain good standing with the Bermuda Monetary Authority and adhere to all relevant regulatory requirements.
  2. Corporate Governance: Oversee compliance functions, large case onboarding protocols, and AML/KYC requirements to ensure the company's good governance practices.
  3. Global GVA Support: Provide onboarding and ongoing servicing support for the global Group Variable Annuity business.
  4. Offshore Business Leadership: Lead the offshore business line and collaborate with the home office to achieve business objectives.
  5. Relationship Building: Develop and maintain relationships with key local service providers and act as Director and Officer of Axcelus Bermuda entities.
  6. Regulatory Filings: Oversee and review regulatory filings to ensure compliance with all relevant requirements.
  7. Risk Management: Ensure appropriate risk management and controls are in place and adhered to.
  8. Team Support: Provide support and resources to the Bermuda team to enable them to meet the demands of the office and achieve scale.
  9. Budget Planning: Play a critical role in the budget planning and financial oversight of the Bermuda carriers.
Requirements

To be successful in this role, you will need:

  1. Strategic Thinking: Ability to think strategically and execute a vision.
  2. Financial Services Experience: Experience working with high net worth and ultra-high net worth clients and their representatives.
  3. Leadership Skills: Proven leadership ability and ability to lead and develop a strong team.
  4. Communication Skills: Highly developed communication and presentation skills, with the ability to adapt in a fast-paced and changing environment.
  5. Bermuda Regulatory Knowledge: Experience and knowledge of the Bermuda regulatory environment and strong understanding of Bermuda corporate governance requirements.
  6. International Experience: Substantial international experience in financial services.
  7. Education: BA/BS degree.
  8. Experience: 10+ years of experience required.

Axcelus Financial is committed to creating a diverse and inclusive workforce and is an equal opportunity employer that does not discriminate against any employee or applicant on the basis of race, religion, color, age, national origin, sexual orientation, disability, gender identity, or any other state, federal, or local protected class.

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