Pacific Life Re

Vice President, International Treasury

Pacific Life Re  •  London, GB (Onsite)  •  2 months ago
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Job Description

Job Title

Vice President, International Treasury

Role:

Vice President, International Treasury

Location:

London

Department:

Treasury / Finance

Reporting to:

SVP & Treasurer (solid line), with dotted line relationship to CFO, Pacific Life Re

We believe in giving you ongoing opportunities to advance your career. Whether you want to take on broader responsibilities or grow in new directions, you are in the right place. Here at Pacific Life Re and UnderwriteMe, we want to help you embrace your potential so you can achieve your personal best doing purposeful work, every day.

About Us

We are a rapidly growing global life reinsurer operating across Europe, Asia, North America, and Australia. Our business is built on managing long‑duration mortality, longevity, and morbidity risks, requiring strong balance sheet discipline, robust liquidity management, and sophisticated capital and risk frameworks.

As one of the largest and most experienced participants in the global longevity market, and with continued expansion in the funded reinsurance market, we are executing increasingly complex transactions across multiple currencies, jurisdictions, and regulatory regimes. Treasury plays a critical role in enabling this growth, supporting capital efficiency, funding structures, FX risk management, and claims‑paying resilience as the business scales.

We are currently partway through a major back‑office transformation program (Project Unify) and have recently reorganised into a Line of Business operating model. Together, these changes are reshaping how Finance and Treasury operate, modernising systems, strengthening governance, and positioning Treasury as a more strategic partner to the business as transaction complexity and international scale continue to increase.

Our culture is professional, collaborative, and performance‑driven, with an emphasis on sustainable workloads, leadership development, and long‑term career growth.

This is a senior Treasury leadership role with clear ownership of international treasury operations and a defined mandate to deliver scalable, global treasury capability in support of Divisions and key stakeholders, while shaping and influencing enterprise treasury strategy. Based in London, the role is critical to enabling the continued growth and increasing deal complexity of a global reinsurance business operating across multiple jurisdictions.

The VP is accountable for international liquidity, funding structures, FX risk management, and banking relationships, operating with decision‑making authority within established policies. In parallel, the role partners closely with the Group Treasurer while retaining clear accountability for international execution to influence enterprise‑level treasury strategy, governance, and transformation, acting as a senior leader within the global treasury function.

Leadership is central to the role.

The VP will build and develop a high‑performing international treasury team, strengthening capability, judgment, and depth across the function. The scope and enterprise exposure of the role provide meaningful influence across the wider Treasury organisation, while delivering immediate, measurable impact for the business.

Key Responsibilities

International Treasury

  • Full accountability for international treasury operations, including liquidity management, cash forecasting, FX risk management, and execution.
  • Design and oversight of treasury structures supporting business growth, complex reinsurance transactions, and evolving operating models.
  • Ownership of global cash management, intercompany funding, and cash pooling arrangements.
  • Leadership of FX exposure identification and hedging strategies across international entities.
  • Primary treasury partner to international finance and business leadership, providing consistent, high-quality treasury capability across Divisions and jurisdictions.
  • Oversight of compliance with regulatory requirements impacting treasury activity across jurisdictions.

Enterprise Treasury Influence

  • Senior contributor to enterprise treasury strategy, policy, and governance, ensuring international treasury activities are aligned with Enterprise best practice, approved policies, and established operating standards.
  • Support enterprise funding strategy, capital planning, and banking relationships alongside the Group Treasurer, operating within agreed relationship bank frameworks and preferences.
  • Treasury leadership input into balance sheet optimisation, capital efficiency, and enterprise risk discussions.
  • Representation of Treasury in senior cross‑functional forums across Finance, Risk, Legal, Tax, and Lines of Business.
  • Acting delegate for the Group Treasurer as appropriate.

Leadership & Team Development

  • Build, lead, and develop a world‑class international treasury team.
  • Establish a strong performance culture with clear accountability and continuous improvement.
  • Actively develop future treasury leaders and strengthen leadership depth within the function.

Skills & Experience

  • Significant senior‑level corporate treasury experience within large, complex multinational organisations.
  • Demonstrated ownership of treasury outcomes across liquidity, FX, funding, and banking.
  • Experience within insurance, reinsurance, or regulated financial services.
  • Exposure to capital‑intensive balance sheets, complex transactions, or rating agency interactions.
  • Strong leadership presence with the ability to operate credibly at VP and executive levels.
  • Comfortable supporting growth businesses with increasing transaction complexity.
  • Professional qualification (preferred).
  • Experience operating in UK and other regulatory environments.

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.

Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits (Only for Permanent and Fixed Term Employees)

Leave

  • 25 days of annual leave with option to buy/sell more days

  • Adoption and fertility leave

  • Generous enhanced parental leave

Healthcare

  • Comprehensive private insurance coverage for employee and dependents

  • Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary

  • Optical benefits

Savings & Retirement

  • 15% combined employee/employer contributions

Wellness

  • Subsidized gym membership

  • Access to Employee Assistance Program

  • Cycle to Work and Electric Car Salary Sacrifice Scheme

  • Time off for volunteering

  • Charitable matching of employee donations

You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.

As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Pacific Life Re Values

Please click here to view our company values

Pacific Life Re

About Pacific Life Re

At Pacific Life Re, our vision is to bring an innovative and dynamic approach to the marketplace. Our global team, comprising some of the best minds in the industry, is not afraid to disrupt and challenge industry thinking to provide the best life, critical illness, income protection, hospital cash and savings & retirement products and services possible.

Working in some of the most complex and fast-moving markets has taught us that knowledge and innovation go hand in hand. We pursue personalised, bespoke solutions for every one of our clients and our commitment to cutting-edge technology reflects our ambition to offer the most sophisticated answers to the most challenging reinsurance questions. Today, we are continuing our rapid growth internationally with offices across Europe, Asia, North America, Australia and a new global HQ in Bermuda.

With over 700 employees across the globe, we take pride in our inclusive culture, underpinned by our principles and behaviours, providing an environment where everyone can grow and develop. We are equally proud of the security and freedom we possess from having the backing of our parent company Pacific Life. With a heritage of more than 150 years, Pacific Life provides strength and resilience to our business which enables us to bring our fresh and dynamic approach to the marketplace.

To find out about our latest vacancies, please visit the careers section on our website: www.pacificlifere.com

Industry
Finance & Insurance
Company Size
501-1,000 employees
Headquarters
Bermuda, BM
Year Founded
Unknown
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