Junior Risk Associate
American Equity•Des Moines, IA
•Onsite
About The Position
The Junior Risk Associate supports the Enterprise Risk Management function by assisting in the identification, assessment, monitoring, and reporting of risks across the organization. The role provides analytical and administrative support to ensure compliance with risk governance frameworks, with a focus on life insurance-specific risks, including operational, insurance, investment, and strategic risks. The individual will work with risk disciplines across the company, including compliance and internal audit to ensure coverage and effectiveness of risk activities.
Requirements
- Bachelor’s degree in risk management, Finance, Actuarial Science, Accounting, or other related field of study.
- 0-2 years of experience in risk management, insurance, compliance, or a related role.
- Progress toward professional certifications such as Associate in Risk Management (ARM), Financial Risk Manager (FRM), or Certified Public Accountant (CPA).
- Basis understanding of regulatory requirements impacting life insurers (e.g., NAIC, ORSA).
- Strong analytical and problem-solving skills.
- Effective verbal and written communication skills.
- Proficient in Microsoft Excel, PowerPoint, and Word.
- Organized and detail oriented.
- Ability to handle sensitive information with discretion.
Nice To Haves
- Prior experience with life/annuity insurance operations or products.
- Experience with Enterprise Risk Management systems.
- Familiarity with risk management tools and methodologies.
Responsibilities
- Assists in the preparation of risk reports and dashboards for senior leadership.
- Supports risk identification and assessment processes across business units.
- Assists with maintaining risk registers and track risk mitigation activities.
- Conducts basis risk analysis, including scenario assessments and trend tracking.
- Helps coordinate risk surveys and interviews.
- Monitors risk events and near misses; document and analyze root causes.
- Provide support for regulatory compliance and reporting requirements as needed.
- Assists with the development and maintenance of risk policies, procedures, and frameworks.
- Performs data collection and validation for key risk indicators (KRIs) and performance metrics.
- Collaborates with business units as needed.
- Performs other related work as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
