Director, Financial Risk

Summary

Join Fidelity & Guaranty Life Insurance Company (F&G) as the Director, Financial Risk and provide insight, analysis, and assessment of financial risks. Engage with internal and external partners to foster a risk culture of partnership and transparency. Support the implementation and maintenance of effective risk management processes related to business planning, capital planning, reinsurance, and regulatory changes. Collaborate with risk owners to identify and monitor Key Risk Indicators (KRIs). Enhance risk modeling capabilities and contribute to the creation of presentation materials for internal committees. Work closely with the broader ERM group to improve risk dashboards and taxonomies. This role requires strong analytical, problem-solving, and communication skills, along with experience in financial risk management within the life insurance industry.

Requirements

• Bachelors or Master’s Degree in Actuarial Science, Finance; FSA and/or CFA preferred
• 8+ years of experience in financial risk management, preferably in the life insurance industry
• Knowledge of insurance products, related investment/hedging strategies, and insurance accounting/capital highly desirable
• Self-directed high performer with ability to execute complicated projects across various organizational constituencies
• Ability to manage multiple initiatives simultaneously with a results-driven focus
• Strong problem-solving skills that include advanced analytical, modeling and reasoning abilities
• Ability to establish and maintain collaborative relationships across the organization
• Strong organizational and presentation skills; candidate will play a visible role in key oversight Committees
• Proficient in MS Office, SQL, Python and credit risk systems
• Team player who can collaborate across the company, yet maintain a strong point of view to advocate a prudent risk profile

Responsibilities

• Manage, assess, mitigate, and monitor financial risk across the Company in collaboration with Finance
• Represent Financial Risk on internal committees providing a risk lens to a variety of financial topics
• Consult and collaborate with risk owners to reaffirm/identify/assess/monitor Key Risk Indicators
• Support M&A and reinsurance efforts through scenario analysis and thought leadership
• Enhance and reduce risk on the muli-year business planning process through stress testing, gap analysis, and controls through partnership with FP&A
• Support the creation of presentation materials for internal committees
• Assist in establishing a counterparty risk governance framework (reinsurance, hedging, banking)
• Ensure reinsurance treaties and embedded risks are well understood
• Partner with Accounting Advisory and Tax to understand risks and build KRIs
• Enhance risk modeling capabilities for more real time analyses to support decision making
• Work closely within the broader ERM group to enhance and improve upon risk dashboard, risk taxonomy, etc…
• Produce ad-hoc analytics as requested
• Perform other functions, duties and projects as assigned
• Regular and punctual attendance
• Ability to travel up to 20%

Benefits

F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements