Associate II, Risk Analyst

Overview

This role involves supporting the research and development of advanced quantitative risk models and practices within an Enterprise Risk Management (ERM) team. The position requires collaboration across multiple functional areas including investment, market, and capital risk, with significant interaction expected with teams such as Inforce Projections, Valuation, Pricing, ALM, Investments, and Finance.

Responsibilities

• Expand and improve processes and models for measuring and monitoring investment, market, and capital risk efficiently.
• Research and apply artificial intelligence techniques to develop advanced analytical methods for risk insights, metrics, and attribution.
• Deepen understanding of the organization's financials under various accounting and capital frameworks, product mixes, and investment strategies.
• Develop and enhance processes supporting risk reporting aligned with the company’s Strategic Risk Appetite.
• Provide accurate and insightful analysis to support strategic and tactical enterprise initiatives, including portfolio trades, mergers and acquisitions, reinsurance, strategic partnerships, stress-testing, and quantitative model reviews.
• Collaborate with Inforce Projections, Valuation, Pricing, ALM, Investments, and Finance teams on relevant projects.

Requirements

• Undergraduate degree in a quantitative business discipline such as finance, economics, or accounting.
• 2-4 years of experience in financial services; insurance experience preferred.
• Understanding of asset-liability matching principles.
• Knowledge of risk/return relationships of fixed income asset classes and the impact of economic indicators like inflation and interest rates.
• Strong analytical and critical-thinking skills with the ability to work with large and complex data sets.
• Familiarity with accounting principles and financial statements, including reported financials and projection models.
• Excellent problem-solving skills and ability to communicate results clearly, both orally and in writing.
• Advanced proficiency in Microsoft Excel, including complex formulas, pivot tables, and data analysis.

Preferred Qualifications

• Experience leveraging AI or advanced analytics in risk modeling.
• Exposure to multiple functional areas within enterprise risk management.

Compensation & Benefits

• Targeted salary range: $70,000 to $100,000, varying based on location, skills, and experience.
• Comprehensive health, dental, and vision insurance.
• Mental health benefits and employee assistance programs.
• Paid time off, paid parental leave, short-term disability, and cultural observance days.
• Financial wellbeing benefits including healthcare account contributions, pension plan, and 401(k) plan with company matching.

Location

Information about the job location is not specified in the description.

Additional Information

• The employer is committed to equal opportunity and inclusivity.
• Accommodations are available for applicants with disabilities during the application and recruitment process.
• Artificial intelligence tools may be used to assist in the hiring process, but final decisions are made by humans.