[Hiring] Senior Risk Analyst @Talcott Financial Group

Role Description

This position will join the ERM team, reporting to the US Chief Risk Officer / Head of Financial Risk Management. This role will make significant contributions to the management of Financial Risk in the Enterprise, including:

• Credit Risk
• Market Risk
• Liquidity Risk

The role will also play a significant role in risk assessment, risk measurement, and the development of risk mitigation strategies to support the Corporate Development team with new business growth initiatives.

The role will work in close partnership with the firm’s investment management division and will be primarily based in Hartford or Charlotte with NY-based or remote applicants also considered.

Primary Responsibilities

• Assist in monitoring and managing existing hedge positions and open risk on legacy and reinsured blocks of business
• Assist in reviewing potential blocks of business for acquisition and evaluating potential hedge strategies or other risk mitigation approaches
• Assist in reviewing liquidity risks across the enterprise and recommending stress tests for liquidity analysis at operating company and enterprise level
• Assist in the assessment of risks embedded in the products that include capital markets modeling of guarantees, examination of product features and functions, and review of model implementations
• Assist the Head of Financial Risk in developing, implementing, and communicating risk-related policies and procedures across TFGI for enterprise credit risk
• Contribute to the design of stress and scenario testing and analysis of TFGI’s general account portfolio at both the operating company and enterprise level
• Ensure large strategic transactions have full and proper documentation
• Collaborate with the Hedge Trading Desk to explore risk return profiles and trading analytics
• Partner with the Investment Management, ALM, Treasury, Finance and Actuarial teams to assess impact of various ALM and hedge strategies

Qualifications

• Understanding of variable and fixed annuity risk and profit profile as well as the modeling for these risks—variable or fixed indexed annuity experience a plus
• Strong Mathematical and analytical skills coupled with knowledge on fixed income asset classes, pricing models, complex derivatives, and numerical derivatives pricing techniques
• Proficiency with spreadsheet and database applications, including the ability to automate tasks using VBA/SQL or other macro programming languages
• AI proficiency a plus
• Ability to perform ad hoc analysis under binding time constraints, the desire to take pride in and ownership of work products and presentation, intellectual curiosity, excellent communication skills, and the willingness to “do what it takes” to meet critical objectives
• Ability to multi-task and effectively balance short-term and long-term priorities
• ASA is highly desirable; FSA or CFA designation a plus
• Knowledge of US Statutory and GAAP accounting principles is desirable
• Experience with Bermuda Economic Balance Sheet framework a plus
• Ability to form and maintain strong working relationships with individuals of all levels from other departments
• Expertise in asset risk including market, interest rate and liquidity risk
• Strong communication skills to explain emerging issues to key stakeholders including management, ratings agencies, and regulators

Compensation

This range represents the minimum and maximum annual base salary we reasonably expect to pay for this role at the time of posting. The actual base pay could vary and may be above or below the listed range. The base pay is based on factors including but not limited to experience, competence, and demonstration of proficiencies essential for the role. The base pay is just one component of Talcott’s total annual compensation for employees. Other compensation may include annual bonuses, long-term incentives and recognition.