Risk Director

Talcott Financial Group•Charlotte, NC

22h•Onsite

About The Position

Talcott Financial Group is an international life insurance group and the industry’s trusted partner for comprehensive risk solutions. Talcott creatively designs and expertly delivers responsive solutions that transfer risk and manage capital in a way that supports the strategic needs of insurers today and into the future. Talcott Financial Group has a proven track record of well-executed transactions, and the enterprise benefits from its strong financial position with over $127 billion in assets under management, its investment-grade financial strength ratings, and its partnership with Sixth Street, a leading global investment firm. Talcott Financial Group’s two core business platforms include: U.S. based Talcott Resolution and Bermuda and Cayman based Talcott Re.

Requirements

Ability to navigate a matrix organization of leaders and staff
Accountability for the accurate creation of risk management deliverables
Identifying and seizing upon value creation opportunities as they arise
Ensuring business partners receive appropriate education and training to fulfill their responsibilities
Adept communication with all business partners to ensure understanding of risk management’s needs
Flexibility as Talcott achieves its growth strategy
A willingness to exert the discretionary effort necessary to deliver insightful results
At least 8 years of full-time long-term (re)insurance actuarial experience
Completion of all FSA requirements or equivalent life and annuity actuarial organization Fellowship qualification
Desire to develop and maintain a thorough understanding of all products assumed in transactions, all reinsurance structures utilized, and all deal risks/mitigants
Willingness to learn risk management and actuarial software necessary to inform analysis
Strong effective communication, project management, and leadership skills
Willingness to exhibit curiosity towards novel work tasks
Ability to use basic productivity software like Excel, Word, Powerpoint, etc.

Responsibilities

Ensure the offshore entities’ holistic risk management, inclusive of transaction and key initiative risk oversight, are in compliance with the company’s risk appetite statement and risk policies
Monitor and analyze risk exposures
Lead risk analysis of in-force and transaction initiatives
Lead review of regulatory reporting deliverables such as CISSA, the BSCR year-end filing, and other regulatory deliverables
Ensure appropriate offshore governance bodies are informed of key risk decisions
Assist in preparation for regular meetings with regulators
Help oversee the insurance risk framework, which may require extensive research of insurance risk
Help calculate, report, and analyze insurance risk exposures