Risk Manager, ALM Credit and Market Risk

The Hartford•Hartford, CT

2d•Onsite

About The Position

Risk Manager - KR07AE We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future. Risk Manager, ALM Credit and Market Risk The Risk Manager will join the ALM, Credit and Market Risk team and be responsible for assessing investment capital considerations and monitoring The Hartford’s exposure to interest rate, credit, equity, and foreign exchange risks. This role supports effective risk oversight by ensuring investment risk exposures remain within established risk management parameters across varying economic conditions. The position requires a strong understanding of an insurance company balance sheet and solid knowledge of fixed income and equity asset classes. The Risk Manager will partner closely with Enterprise Risk Management, HIMCO, Treasury, Finance, and the Insurance Businesses to analyze and communicate capital and income considerations under various scenarios. Key responsibilities include maintaining risk models and presenting analytical insights to internal stakeholders. This position is based in Hartford, CT (Home Office).

Requirements

A minimum of five years of professional experience in investment risk role focused on fixed income is ideal.
Experience in corporate finance, actuarial, investment, or a related field may also be considered.
Excellent statistical and quantitative background, including programming and modeling skills (e.g., R).
Foundational knowledge of pricing, valuation, financial and risk management models.
Organized and detail oriented with an ability to adjust to multiple projects and shifting priorities.
Excellent communication skills with senior leaders and key business partners including the ability to summarize complex analysis for diverse audiences.
B.A. or B.S. in finance or another quantitative discipline.

Nice To Haves

Master’s degree in a quantitative discipline, MBA, and/or actuarial credentials or progression toward credentials (ASA, ACAS) and/or a C.F.A. is a plus.

Responsibilities

Own and lead the investment capital stress testing framework, including model governance, assumption oversight, and ongoing enhancements.
Forecast capital impacts under prescribed, market‑driven stress scenarios using multiple rating agency and NAIC frameworks.
Quantify capital sensitivity across GAAP, Statutory, and Economic accounting perspectives under market stress scenarios.
Apply investment and capital markets expertise particularly in fixed‑income securities and derivatives to assess portfolio positioning and risk exposures.
Analyze interest rate, credit spread, and equity stress scenarios and communicate impacts on financial performance.
Assess asset impact under climate stress scenarios through validation of key modeling assumptions.
Lead and mentor one to two analysts while supporting the development and enhancement of risk, capital, and ALM models aligned with enterprise risk management objectives.
Lead risk monitoring and analysis in response to market events, communicating insights to a broad range of stakeholders.
Leverage AI to enhance risk analytics and strengthen stress testing capabilities.
Communicate effectively with Lines of Business, HIMCO, and Corporate Finance, translating analytical results into clear, actionable insights for stakeholders.