VP, Risk Management - Property & Casualty (P&C) Risk

USAA•Tampa, FL

8d•$257,250 - $463,050•Hybrid

About The Position

The VP, Risk Management - Property & Casualty (P&C) will report directly to the SVP, Chief Risk Officer - P&C and will be responsible for recognizing and reporting strategic and aggregate risks across the P&C business while advancing the Risk Management function for aggregation, quantification, and qualification of risks. This executive will have exposure to boards and members of executive council and will be responsible for reporting risks to senior leadership, in addition to working with those same individuals to effectively assess and influence business decisions and direction. This executive will also partner with other officers within the Chief Risk Office organization and the business to influence and set strategy for advancement of the risk management framework. In doing so, this executive will set direction for a multitude of risk management programs and oversee the delivery of those programs across the P&C line of business. USAA offers a flexible work environment that requires an individual to be in the office 4 days per week. This position can be based in one of the following locations: San Antonio, TX; Plano, TX; Phoenix, AZ; Charlotte, NC; Tampa, FL. Relocation assistance is available for this position.

Requirements

Bachelors Degree; OR 4 years of relevant education and / or experience.
10 years of experience at a large financial institution developing, implementing, and maintaining an enterprise-wide risk management program that adheres to business strategy and regulatory requirements and expectations.
8 years of people leadership experience in building, managing and/or developing high-performing teams.
Superior understanding of risk frameworks including: risk governance; risk appetite; process, risk and control analysis; control effectiveness measurement; risk management coverage plan (monitoring, assessment and testing).
Proven leadership skills and ability to influence decisions at senior levels within a large complex organization.
Proven capability to communicate effectively across the 1st and 2nd Lines of Defense and build strong, collaborative relationships.

Nice To Haves

Experience leading a second line of defense risk management function as a Chief Risk Officer of a business line or association in a top 20 personal lines Property & Casualty (P&C) carrier.
Subject matter expert in P&C financial risks, including credit risk, market risk, interest rate risk, liquidity risk, stress testing, asset allocation, investment portfolio, capital management, etc.
Experience leading loss reserving, underwriting, and/or actuarial and analytics functions in a large P&C organization.

Responsibilities

Oversee and guide an independent Risk Management function in establishing and monitoring compliance with risk limits, identifying and aggregating the firm's risks, assessing the firm's risk positions relative to the parameters of the firm's risk tolerance, and providing key risk information to senior management and the board of directors.
Serve as a key adviser engaging in senior leaders' strategy discussions and decisions, real-time evaluations of potential short term and long-term risks, and effective influence and challenge to ensure safety and soundness of the business deliverables and accomplishment of objectives.
Lead teams dedicated to managing risk within overall business strategies in alignment with strong and effective risk governance and oversight.
Set the agenda, builds diverse high-performing teams, and sell the vision on an effective Risk Management program.
Ensure training and coaching of employees and provides the team with development opportunities.
Establish a long-term view of how risk systems and governance should be adapted and integrated to maximize the ability to manage risk in an environment shaped by regulatory change and disruptive, emerging technologies.
Partner and lead senior risk executives in establishing, managing, and adhering to overall risk appetite to include the identification and definition of key methods, metrics, and limits.
Partner across Risk Management, Finance, and the business while effectively challenging variances to plan and establishing strategies to mitigate.
Provide advice to other key business partners to influence and drive key decisions assessing risk and reward through effective challenge.
Actively engage senior leaders to ensure all risks are addressed in a timely manner and consistent with policy.
Interacts & engages with product & channel leaders on complex, multi-product processes and procedures while factoring in all legal & regulatory requirements.
Liaise with Compliance and Chief Legal Office (CLO) on legal & regulatory considerations that impact business operations and product offerings in accordance with federal and state regulations.