Global reinsurance firm Munich Re has hired Rebecca Rycroft from actuarial consultancy Oliver Wyman to become the new Chief Financial Officer (CFO) for its Canadian life and health business.
Rebecca Rycroft has been appointed as Senior Vice President and Chief Financial Officer for Munich Re, Canada effective April 9th 2018.
“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).
“Munich Re is known for its strong technical knowledge and approach across all lines of life and health insurance in Canada and the US,” added Mary Forrest, President and CEO, North America (Life and Health). “I am confident that Rebecca’s expertise is a strong addition to the Life Senior Leadership Team. Her breadth of experience will enable us to continue providing innovative solutions and the best technical expertise in the industry.”
Rycroft has 18 years experience in international actuarial consulting, with her most recent role being the position of Senior Principal at Oliver Wyman where she was the Appointed Actuary of various Life Insurers.
“I am excited to be joining Munich Re and having the opportunity to work with their Canadian team and clients,” stated 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.”
Rycroft previously worked as a consultant at Towers Watson, an actuary at GGY Inc., and had also worked at Oliver Wyman from 1996 to 2004.
