Enterprise Risk and Capital Strategy Principal

Role Overview

• Play a critical part in ensuring financial strength, optimizing capital allocation, and evaluating strategic growth opportunities.
• Partner closely with actuarial, finance, investments, and executive leadership to drive data-informed decisions that balance risk, return, and regulatory requirements.
• Influence the company’s financial resilience and growth strategy directly by ensuring appropriate risk-taking, efficient capital deployment, and disciplined evaluation of strategic opportunities.
• Play a key role in maintaining strong regulatory standing and supporting rating agency relationships.
• Support the design, enhancement, and execution of the company’s ERM framework in alignment with NAIC and ORSA requirements.
• Identify, assess, and monitor key risks including underwriting, market, credit, liquidity, and operational risks.
• Lead risk assessments, scenario analysis, and stress testing (e.g., interest rate shocks, catastrophe events, lapse risk).
• Prepare risk reports and dashboards for senior management and the Board.
• Collaborate with business units to develop and track risk mitigation strategies.
• Evaluate strategic initiatives including M&A, reinsurance transactions, distribution partnerships, and new product/market entry.
• Build and review financial models for acquisitions, divestitures, and strategic investments.
• Perform valuation analyses (DCF, comparable companies, embedded value where applicable).
• Conduct industry and competitor analysis across life, annuity, and/or P&C markets.
• Support due diligence and integration planning for transactions.
• Develop and maintain capital models across regulatory and economic frameworks (e.g., RBC, economic capital, rating agency models such as AM Best/S&P).

Requirements

• Bachelor’s degree in Actuarial Science, Finance, Economics, Mathematics, or related field.
• 5–10+ years of experience in insurance risk management, actuarial, corporate finance, investment banking, or strategy.
• Strong understanding of insurance fundamentals (reserving, pricing, reinsurance, ALM).
• Experience with capital frameworks such as RBC and/or economic capital models.
• Progress toward or attainment of FSA/ASA, CFA, or MBA strongly preferred.
• Advanced Excel skills; experience with modeling tools (e.g., Python, R, VBA, Prophet, AXIS, or similar) is a plus.

Tech Stack

• Python
• VBA