Enterprise Risk & Capital Strategy Principal

Title: Enterprise Risk & Capital Strategy Principal

Location: Remote

Position Summary

This role supports enterprise risk management, capital strategy, and strategic growth initiatives. Partners across actuarial, finance, and investments to drive data-informed decisions that balance risk, return, and regulatory requirements while supporting financial strength and growth. 

Essential Job Functions:

• 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.

Enterprise Risk Management (ERM)

• Support the design, enhancement, and execution of the company’s ERM framework in alignment with National Association of Insurance Commissioners (NAIC) and Own Risk and Solvency Assessments (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. 

Corporate Development & Strategy

• Evaluate strategic initiatives including Mergers & Acquisitions (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 (discounted cash flow [DCF], comparable companies, embedded value where applicable).
• Conduct industry and competitor analysis across life, annuity, and/or Property & Casualty (P&C) markets.
• Support due diligence and integration planning for transactions. 

Capital Modeling & Financial Planning

• Develop and maintain capital models across regulatory and economic frameworks (e.g., risk-based capital [RBC], economic capital, rating agency models such as AM Best/Standard & Poor’s [S&P]).
• Analyze capital adequacy and support capital allocation decisions across business lines.
• Perform sensitivity and scenario testing to assess impacts on surplus, earnings, and ratings.
• Partner with actuarial and finance teams on projections, reserve impacts, and asset-liability management (ALM).
• Support ORSA filings, rating agency submissions, and capital-related disclosures.

Qualifications

• 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.

Key Competencies

• Strong quantitative and analytical capabilities.
• Investment Banking Experience.
• Ability to translate complex actuarial/financial concepts into business insights.

 

Compensation: