I am working with an established Investment Life Insurance Company currently fund over half a million retirements nationwide. They have an established headquarters more than 25 years and now maintain over $57 billion in assets. Lately they have been expanding their growth opening an asset manager business roughly two years ago headquartered in New York.
The role they are looking to fill is a Senior Risk Associate where it would sit under the Head of Enterprise Risk Management. The Senior Risk Associate is responsible for assessing risk exposures, managing and optimizing the economic balance sheet, and developing and implementing risk controls and procedures.
Responsibilities
- Builds, performs, maintains and enhances risk modeling, using knowledge of economic capital and capital models to drive decision making.
- Aggregates and analyzes various types of financial and other data to assess risk exposures and present potential solutions.
- Performs ad-hoc analyses on a wide variety of risk, liquidity and capital-related topics.
- Provides management team with key insights into the company's economic capital and liquidity positions, to influence the strategic deployment of capital and risk strategy.
- Builds data visualization and reporting to measure and monitor economic capital position and risk profile.
- Deliver insights using financial modeling tools like MG-ALFA and Aladdin.
- Conducts risk assessments and identifies opportunities to optimize outcomes.
- Enhances the risk framework by helping stakeholders identify and manage risk.
Requirements
- Expertise in risk management in the insurance industry.
- Need the ability to independently research and analyze financial and other data.
- Experience with data manipulation, modeling, analysis and visualization
- Knowledge of risk management and capital management
- Knowledge of economic capital framework and reinsurance solutions that optimizes available capital.
- Advanced Excel skills or other key modeling applications.
- Ability to effectively present information to both technical and non-technical audiences.
- Ability to work cross-functionally on projects with the Investment, Accounting, Actuarial and Information Technology departments, and external partners such as software vendors, consultants, reinsurers, etc.
***** THIS ROLE CAN BE FULLLY REMOTE *****