Property 전문 재보험사가 한국 시장에 진출하면서 비즈니스 라이선스 취득 작업, 금융 감독 기관에 보고서 제출 그리고 글로벌 시스템을 한국 지역에 맞추어 설치 및 롤아웃 할 수 있는 프로젝트역량과 글로벌 커뮤니케이션 스킬을 갖춘 finance professional 이 필요하였고, 국내 뿐만 아니라 APAC 지역까지 서치 범위를 확장하여 채용에 성공한 케이스입니다.


U.S. Property Reinsurer's Korea Expansion

Chief Financial Officer


Background

  • Client's Business: A global reinsurer specializing in property insurance expanding into the Korean market.
  • Hiring Need: Chief Financial Officer (CFO) as a statutory requirement for obtaining a business license in Korea


Challenges

  1. Specialized Financial Expertise: Locating a lead finance professional with extensive experience in system implementation and project management across the insurance industry.
  2. Bilingual Proficiency: Finding candidates fluent in Korean and English for effective communication and regulatory reporting.
  3. APAC Talent Pool: Expanding the search beyond Korea to include bilingual Korean professionals in the APAC region willing to relocate.


Strategies

  1. Regional Talent Search: Extended the recruitment scope across the APAC region, targeting Korean professionals seeking opportunities to return to Korea as well as those based in the country.
  2. Multifaceted Approach: Utilized networking, direct outreach, and partnerships with financial institutions to identify suitable candidates.
  3. Focus on System Integration Experience: Prioritized candidates with a proven track record in finance system mergers and integrations.


Conclusion

  • Outcome: Successful placement of a CFO who met all the criteria
  • The recruitment of a qualified CFO enabled the client to:
    • Obtain the necessary business license for operating in Korea.
    • Ensure a smooth system integration and localization for regulatory compliance.
    • Position the company for successful financial management in the Korean market.