Munich Re Canada (Life and Health) has announced the appointment of Rebecca Rycroft to the position of Senior Vice President and Chief Financial Officer effective April 9.
"Rebecca is well-known within the insurance sector for her energetic leadership, her actuarial expertise, and her commitment to deliver. Under her guidance, the role of Chief Financial Officer will play a greater part in helping our clients navigate the changing regulatory space and grow their business. She shares a much aligned vision and commitment to client success, and I am thrilled to have her join the Senior Leadership Team," said Bernard Naumann, President and CEO of Munich Re, Canada (Life and Health).
18 years in actuarial consulting
Rycroft has spent 18 years in international actuarial consulting. She most recently held the position of Senior Principal at Oliver Wyman where her role included serving as the Appointed Actuary of various Life Insurers. She has participated in and chaired several working groups and boards, including: the Canadian Actuarial Standards Board and their IFRS working group, the CIA Committee on Life Insurance Financial Reporting (CLIFR), and the Canadian Life and Health Insurance Association (CLHIA) LICAT working group.
Challenges and opportunities
"I am excited to be joining Munich Re and having the opportunity to work with their Canadian team and clients," says Rycroft. "With the changes coming to the insurance industry, there will be many new challenges and opportunities to explore. I look forward to my role in helping to navigate this new environment."