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Job Description
Requirements
Talcott needs a leader with an ownership mentality to support end-to-end risk management of its businesses. This associate will need to embody the following to achieve this.
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
Responsibilities
Enterprise Risk Management
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
Insurance Risk Management
Help oversee the insurance risk framework, which may require extensive research of insurance risk
Help calculate, report, and analyze insurance risk exposures
Qualifications and Competencies
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.
