At a Glance
- Tasks: Lead risk management and ensure compliance across international insurance operations.
- Company: Join Talcott Financial Group, a trusted partner in risk solutions with a strong financial position.
- Benefits: Competitive salary, bonuses, and opportunities for professional growth in a dynamic environment.
- Why this job: Make a real impact in risk management while working with industry leaders.
- Qualifications: 8+ years in (re)insurance actuarial experience and FSA qualification required.
- Other info: Diverse and inclusive workplace committed to employee development.
The predicted salary is between 80000 - 100000 £ per year.
Talcott Financial Group is an international life insurance group and the industry’s trusted partner for comprehensive risk solutions. Talcott creatively designs and expertly delivers solutions that transfer risk and manage capital in a way that supports the strategic needs of insurers today and into the future. Talcott has a proven track record of well-executed transactions, and the enterprise benefits from its strong financial position with over $127 billion in pro-forma assets under management, its investment-grade financial strength ratings, and its partnership with Sixth Street, a leading global investment firm. Talcott’s two core business platforms include: U.S. based Talcott Resolution and Bermuda and Cayman based Talcott Re.
Requirements
- 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
- 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
- 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.
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.
Risk Director in Hamilton employer: Talcott Financial Group
Contact Detail:
Talcott Financial Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Director in Hamilton
✨Tip Number 1
Network like a pro! Reach out to industry contacts, attend events, and join relevant groups. The more people you know in the risk management space, the better your chances of landing that Risk Director role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of risk management frameworks and regulatory requirements. Be ready to discuss how you've navigated complex situations in the past—show them you’ve got the ownership mentality they’re looking for!
✨Tip Number 3
Don’t just apply—engage! When you submit your application through our website, follow up with a personalised message to the hiring team. Show your enthusiasm for the role and why you’d be a great fit for Talcott.
✨Tip Number 4
Stay flexible and open-minded during your job search. The right opportunity might not look exactly as you imagined. Keep an eye on roles that allow you to leverage your actuarial experience while growing into the risk management leadership position.
We think you need these skills to ace Risk Director in Hamilton
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in risk management and leadership. We want to see how your skills align with the specific needs of Talcott, so don’t hold back on showcasing your relevant achievements!
Showcase Your Communication Skills: Since effective communication is key for this role, use your application to demonstrate your ability to convey complex ideas clearly. We recommend including examples of how you've successfully communicated with stakeholders in past roles.
Highlight Your Curiosity: Talcott values a willingness to learn and adapt, so make sure to mention any instances where you’ve taken the initiative to learn new skills or tackle novel challenges. We love seeing candidates who are eager to grow!
Apply Through Our Website: We encourage you to submit your application through our website for the best chance of being noticed. It’s straightforward and ensures your application goes directly to the right people at Talcott!
How to prepare for a job interview at Talcott Financial Group
✨Know Your Risk Management Inside Out
Make sure you have a solid grasp of risk management principles, especially as they relate to the insurance industry. Brush up on Talcott's risk appetite statement and be ready to discuss how your experience aligns with their needs.
✨Showcase Your Leadership Skills
As a Risk Director, you'll need to demonstrate strong leadership capabilities. Prepare examples from your past where you've successfully navigated complex organisational structures and led teams to achieve risk management goals.
✨Be Ready for Technical Questions
Expect questions about actuarial practices and risk analysis. Familiarise yourself with the specific regulatory reporting deliverables mentioned in the job description, like CISSA and BSCR filings, so you can speak confidently about them.
✨Communicate Clearly and Effectively
Effective communication is key in this role. Practice articulating complex risk concepts in a way that’s easy to understand. Be prepared to discuss how you would educate business partners on risk management responsibilities.