Director, Capital Strategy, Liquidity & Rating Agency Relations

National Life Insurance Company • Montpelier, VT

1d • $120,000 - $176,000

About The Position

We are seeking a highly analytical, strategically minded finance leader to drive enterprise capital strategy, liquidity planning, and credit stewardship. This role partners closely with senior leadership to shape financing decisions, proactively manage rating agency relationships, and safeguard the company’s financial strength.
The Director will lead consolidated liquidity forecasting and capital structure analysis, ensuring alignment between growth objectives, funding strategy, and rating considerations. In addition, this role will champion innovation within Finance by advancing AI-enabled forecasting, analytics, and decision-support capabilities that enhance transparency, agility, and strategic insight.
This position also provides cross-functional oversight and continuity for the company’s internal corporate insurance program, ensuring alignment between risk transfer strategies and capital management objectives.
The role requires deep capital markets expertise, rigorous financial modeling capability, executive-level communication skills, and the ability to translate complex financial dynamics into clear, decision-oriented recommendations.

Requirements

• Bachelor’s degree in Finance, Economics, Accounting, or related field (MBA or CFA preferred).
• 7–12+ years of experience in capital markets, corporate finance, treasury, or investment banking.
• Demonstrated experience leading or supporting capital markets transactions.
• Experience managing or engaging with rating agencies.
• Advanced financial modeling skills and strong presentation capabilities.
• Strong understanding of credit metrics, capital structures, covenant frameworks, liquidity planning, and financial risk management.
• Excellent written and verbal communication skills with executive presence.

Nice To Haves

• Familiarity with corporate insurance programs or enterprise risk financing structures preferred.

Responsibilities

• Evaluate, structure, and execute capital markets transactions, including debt issuances, hybrid securities, alternative financing arrangements, and other capital initiatives.
• Partner with banks and financial institutions to assess market conditions, pricing dynamics, investor demand, and optimal transaction timing.
• Develop forward-looking capital structure strategies that balance growth, liquidity, leverage, and rating considerations.
• Analyze market trends and comparable transactions to inform strategic financing decisions.
• Clearly communicate capital strategy, credit considerations, and rating implications to senior leadership in a concise, decision-oriented manner.
• Coordinate transaction execution across internal stakeholders, external advisors, and banking partners.
• Own development and oversight of consolidated enterprise liquidity projections, integrating operating cash flows, financing plans, capital deployment, and stress scenarios.
• Lead short- and long-term liquidity planning to ensure adequate financial flexibility under base and stressed conditions.
• Establish and monitor liquidity risk metrics, funding triggers, and early warning indicators.
• Develop contingency funding frameworks aligned with rating agency expectations and risk appetite.
• Partner with Treasury, FP&A, and business leaders to align liquidity forecasts with operating plans and strategic initiatives.
• Provide liquidity analysis and forward-looking funding insights for executive and Board-level materials.
• Own and enhance the enterprise capital and liquidity model, integrating capital structure alternatives, cash flow forecasting, covenant compliance, and rating agency metrics into a unified decision-support framework.
• Perform scenario analysis and stress testing to assess impacts on leverage, financial flexibility, and credit ratings.
• Champion adoption of artificial intelligence and advanced analytics tools to enhance forecasting precision, automate recurring analyses, and improve decision speed.
• Identify opportunities to streamline covenant tracking, market monitoring, scenario modeling, and credit metric reporting through AI-enabled solutions.
• Partner with Finance, Data, and Technology teams to build scalable analytics capabilities and strengthen data governance standards.
• Serve as a thought partner to the broader Finance organization on emerging AI applications in capital management and risk analysis.
• Serve as strategic lead in shaping and delivering the company’s external credit narrative.
• Lead preparation and completion of annual rating agency surveys and recurring information requests.
• Develop comprehensive rating agency presentations, including business overview, financial performance, forward outlook, capital strategy, liquidity profile, and key credit metrics.
• Prepare for and coordinate annual and semi-annual rating agency meetings, including messaging alignment, materials preparation, and follow-up.
• Monitor rating agency methodologies, sector outlooks, and credit criteria; assess potential impacts on the company’s ratings.
• Advise senior leadership on rating-sensitive decisions and external communication strategy.
• Develop cross-functional knowledge of the company’s corporate insurance program design and administration to ensure continuity and institutional depth.
• Participate in renewal processes, broker engagement, coverage analysis, and carrier discussions.
• Evaluate insurance structures, limits, deductibles, and pricing to ensure alignment with enterprise risk appetite and capital objectives.
• Integrate risk transfer considerations into broader liquidity and capital planning frameworks.

Benefits

• Your benefits start day one and are flexible and customizable to your and your family’s specific needs.
• Check out the BENEFITS of a Career at National Life!
• The total compensation package for this position may also include a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered.
• The successful candidate may also be eligible to participate in National Life’s discretionary annual incentive programs, subject to the rules governing such programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 251-500 employees