Enterprise Risk & Capital Strategy Principal

2 months ago
Full-time
Lead
Operations
Horace Mann

Horace Mann

Horace Mann is the largest financial services company dedicated to helping educators and community servants achieve lifelong financial success. They offer a full range of tailored insurance and financial products, including auto, home, and life insuran...

Insurance
1K-5K
Founded 1945

Description

  • Evaluate strategic initiatives including mergers and acquisitions, reinsurance transactions, distribution partnerships, and new product or market entry.
  • Build and review financial models for acquisitions, divestitures, and strategic investments.
  • Perform valuation analyses, including discounted cash flow, comparable companies, and embedded value where applicable.
  • Conduct industry and competitor analysis across life, annuity, and property and casualty markets.
  • Support due diligence and integration planning for transactions.
  • Develop and maintain capital models across regulatory and economic frameworks, including RBC, economic capital, and rating agency models.
  • Analyze capital adequacy and support capital allocation decisions across business lines.
  • Perform sensitivity and scenario testing to assess impacts on surplus, earnings, and ratings.
  • Support the design, enhancement, and execution of the enterprise risk management framework in alignment with NAIC and ORSA requirements.
  • Identify, assess, and monitor key risks, including underwriting, market, credit, liquidity, and operational risks.
  • Lead risk assessments, scenario analysis, and stress testing for events such as interest rate shocks, catastrophe events, and lapse risk.
  • Prepare risk reports and dashboards for senior management and the Board.
  • Collaborate with business units to develop and track risk mitigation strategies.
  • Partner with actuarial, finance, investments, and executive leadership on projections, reserve impacts, asset-liability management, and capital-related disclosures.

Requirements

  • Bachelor’s degree in Actuarial Science, Finance, Economics, Mathematics, or a related field.
  • 5–10+ years of experience in insurance risk management, actuarial, corporate finance, investment banking, or strategy.
  • Strong understanding of insurance fundamentals, including reserving, pricing, reinsurance, and ALM.
  • Experience with capital frameworks such as RBC and/or economic capital models.
  • Progress toward or attainment of FSA, ASA, CFA, or an MBA is strongly preferred.
  • Advanced Excel skills.
  • Experience with modeling tools such as Python, R, VBA, Prophet, AXIS, or similar is a plus.
  • Strong quantitative and analytical capabilities.
  • Investment banking experience.
  • Ability to translate complex actuarial and financial concepts into business insights.

Benefits

  • Remote work location.
  • Compensation of $105,200 to $147,950.
  • Employment with a publicly traded company with more than $12 billion in assets.
  • Mission-driven work supporting educators.
  • Tailored offerings that include special rates and benefits for educators.
  • Equal employment opportunity consideration for all qualified applicants.

Interested in this position?

Apply directly on the company website

Apply Now

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