Director, Credit Risk
About The Position
This Director level role serves as a senior subject matter expert in credit risk, financial analysis, and collateral structuring, partnering closely with National Accounts underwriting (~$600M annual premium) to support continued growth of complex, loss-sensitive business. The role will engage directly with external stakeholders, including brokers, clients, and prospective clients, including CFOs and senior finance leaders. As a Tier 6 leader, this individual will influence business outcomes by educating and advising internal and external partners on credit risk assessment, financial ratings, collateral strategy, including acceptable forms of collateral, ensuring alignment with enterprise risk standards. In addition, this role performs comprehensive credit and financial statement analysis and approvals, for prospective and renewal customers, to assess the creditworthiness for each large deductible, loss sensitive account. Enable external client and market visibility through engagement with senior brokers, broker field offices, and key accounts. Lead discussions, as a subject matter expert on loss-sensitive credit and collateral appetite and strategy, competitor intelligence, and emerging product developments. This function will be approximately 50% of the role’s focus, with ~10% travel required. Provide broker training, as needed, on credit risk and collateral management for complex large deductible, loss-sensitive programs. Perform and approve financial reviews, utilizing financial statements, footnotes, and materials for prospective and renewal accounts, to assess the financial strength and creditworthiness for each large deductible, loss-sensitive account. Partner with National Accounts underwriters and practice leaders to develop a strong understanding of workflows and concepts related to National Accounts insurance products and claims. Develop a deep understanding of the goals and objectives of private equity and anticipate the strategic direction of the private equity manager and related credit implications. Drive department objectives to enhance processes, increase efficiency, while leveraging technology and AI.
Requirements
- Excellent communication, presentation, and interpersonal skills in client facing environment
- Proven ability to interact with senior stakeholders
- Strong Microsoft Office suite skillset, including AI products
- Demonstrated leadership, initiative, resourcefulness, with the ability to work independently and collaboratively in a team environment
- Ability to operate effectively in a fast-paced, time-sensitive environment, driven by insurance quote cycles and deadlines
- 8+ years of experience in accounting or financial analytics required
- Credit analysis, collateral management, and financial product knowledge required
- Broad understanding of industry economics and market dynamics
- Experience with National Accounts large deductible, loss-sensitive products
Nice To Haves
- Strong knowledge of Generally Accepted Accounting Principles
Responsibilities
- Serve as a senior subject matter expert in credit risk, financial analysis, and collateral structuring.
- Partner closely with National Accounts underwriting to support growth of complex, loss-sensitive business.
- Engage directly with external stakeholders, including brokers, clients, and prospective clients (CFOs, senior finance leaders).
- Educate and advise internal and external partners on credit risk assessment, financial ratings, and collateral strategy.
- Ensure alignment with enterprise risk standards.
- Perform comprehensive credit and financial statement analysis and approvals for prospective and renewal customers.
- Assess creditworthiness for large deductible, loss-sensitive accounts.
- Enable external client and market visibility through engagement with senior brokers, broker field offices, and key accounts.
- Lead discussions on loss-sensitive credit and collateral appetite and strategy, competitor intelligence, and emerging product developments.
- Provide broker training on credit risk and collateral management for complex programs.
- Partner with National Accounts underwriters and practice leaders to understand insurance products and claims.
- Develop a deep understanding of private equity goals and anticipate strategic direction and credit implications.
- Drive department objectives to enhance processes, increase efficiency, and leverage technology and AI.
Benefits
- short-term or annual bonuses
- long-term incentives
- on-the-spot recognition
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What This Job Offers
Job Type
Full-time
Career Level
Director
Education Level
No Education Listed
