Capital Risk Manager

Posted 2 Days Ago
Be an Early Applicant
New York, NY
149K-245K Annually
Senior level
Insurance • Financial Services
The Role
The Capital Risk Manager oversees Guardian's Risk Based Capital (RBC) planning process, contributing to annual enterprise planning, multi-year projections, and rating agency capital modeling. Responsibilities include managing RBC forecasts, analyzing financial results, ensuring capital framework compliance, and driving capital optimization across the organization.
Summary Generated by Built In

Is the opportunity to join a culture where “We Do the Right Thing,” and “We Courageously Shape Our Future Together” important to you? If so, Guardian is seeking a resolute motivated individual to join our team as a Capital Risk Manager.

This role will support all facets of Guardian’s Risk Based Capital (RBC) planning process. The position will serve as a resource to the Guardian enterprise on all RBC matters including strategic transactions, new product design, risk scenarios and accounting/regulatory changes. As a contributor to the annual enterprise planning process, the role will be responsible for multi-year RBC projections across three legal entities. This role will also be closely involved in rating agency capital modeling.

Key partners include Corporate Actuarial, Asset/Liability Management, Enterprise Risk Management and Enterprise/Line of Business Financial Planning and Analysis.

You will:

  • Manage an ongoing forward RBC forecast relying on the Enginuity Corporate Planning model and proactively building out knowledge of all potential risks, opportunities, and downstream impacts.

  • Analyze and monitor actual financial results to determine potential forward capital impact.

  • Ensure a framework is in place that adequately captures sources and uses of capital across major product lines.

  • Develop a thorough understanding of the forward general account asset allocation strategy.

  • Expand rating agency capital models to capture both standard and ad hoc stress scenarios.

  • Proactively seek and drive opportunities to support capital optimization across the balance sheet.

  • Drive efficiency and standardization within the broader Enginuity Corporate Planning model.

You are:

  • A self-motivated person, able to work independently.

  • Driven to message complex topics in a concise manner.

  • Able to use data to tell a story and provide thoughtful solutions/recommendations.

  • Eager to build relationships across all levels and cross-functional areas.

  • Comfortable operating in a fast-paced environment, balancing multiple deliverables.

  • Organized with strong attention to detail and an ability to coordinate workstreams.

You have:

  • 5+ years of experience in the life insurance industry.

  • Degree in finance, accounting, economics, or other quantitative discipline preferred.

  • FSA preferred; CPA or CFA charter holder/candidates a plus.

  • Skilled in Microsoft Excel and PowerPoint.

  • Proven communication and relationship building skills.

Reporting Relationship:

As our Capital Risk Manager, you will report to the Head of Market Risk Management, who, in turn, reports to the Chief Risk Officer.

Location:

Hybrid role - 3 days in the office, 2 days WFH - at the Hudson Yards, NYC office.

Travel to Guardian offices as determined by the People Leader.

Salary Range:

$148,940.00 - $244,685.00

The salary range reflected above is a good faith estimate of base pay for the primary location of the position. The salary for this position ultimately will be determined based on the education, experience, knowledge, and abilities of the successful candidate. In addition to salary, this role may also be eligible for annual, sales, or other incentive compensation.

Our Promise

At Guardian, you’ll have the support and flexibility to achieve your professional and personal goals. Through skill-building, leadership development and philanthropic opportunities, we provide opportunities to build communities and grow your career, surrounded by diverse colleagues with high ethical standards.

Inspire Well-Being

As part of Guardian’s Purpose – to inspire well-being – we are committed to offering contemporary, supportive, flexible, and inclusive benefits and resources to our colleagues. Explore our company benefits at www.guardianlife.com/careers/corporate/benefits. Benefits apply to full-time eligible employees. Interns are not eligible for most Company benefits.

Equal Employment Opportunity

Guardian is an equal opportunity employer. All qualified applicants will be considered for employment without regard to age, race, color, creed, religion, sex, affectional or sexual orientation, national origin, ancestry, marital status, disability, military or veteran status, or any other classification protected by applicable law.

Accommodations

Guardian is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. Guardian also provides reasonable accommodations to qualified job applicants (and employees) to accommodate the individual's known limitations related to pregnancy, childbirth, or related medical conditions, unless doing so would create an undue hardship. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact [email protected].

Current Guardian Colleagues: Please apply through the internal Jobs Hub in Workday.

Top Skills

Excel
Microsoft Powerpoint
The Company
HQ: New York, NY
8,709 Employees
On-site Workplace
Year Founded: 1860

What We Do

Who we are

Guardian makes a difference in the lives of people when they need us most. With over 160 years of stability and fiscal integrity, we are a trusted resource to generations of families and business owners, inspiring well-being and helping build financial confidence.

Today, we stand behind 29 million consumers, helping them prepare and plan for a bright future for themselves and their families. We help business owners care for their employees. And we help people recover and thrive in times of unexpected loss.

As a modern mutual insurance company, we believe in driving value beyond dividends. We invest in our colleagues and are building a progressive, innovative and inclusive culture. We uplift individuals and communities through thoughtful social and environmental programs.

What we stand for

In 1860, a community of immigrants joined together to insure and protect their businesses and families. They were guided by powerful ideals that we’ve continued to stand behind and evolved throughout the years: we do the right thing, we believe people count, we courageously shape the future together, and we go above and beyond for the people we serve.

Guardian employees embrace and live by these values every day. They remind us to put people at the heart of all we do so that we can help protect what matters most to you. Want to help bring these values to life? Join us for a rewarding career and the opportunity to shape the future.

Disclosures:
Financial information concerning Guardian as of December 31, 2022, on a statutory basis: Admitted assets = $76.0 billion; liabilities = $67.2 billion (including $55.0 billion of reserves); and surplus = $8.8 billion. Dividends are not guaranteed. They are declared annually by Guardian’s Board of Directors.
Guardian® is a registered trademark of The Guardian Life Insurance Company of America. © Copyright 2023 The Guardian Life Insurance Company of America 2023-156184 Exp. 5/25

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