Msigna
Vice President Enterprise Risk Management
NY-NYC (Ave of Americas), USA · Exec
Sponsorship not specified$160k-$190kDetected 33 days ago
PythonSQLStatisticsExcelLoad TestingCommunicationActuarial ScienceUnderwriting
About the role
- MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world's top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions.
- Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business's unique risks.
- The Quantitative Enterprise Risk Manager plays a key role in advancing the company's financial risk framework, with a primary focus on capital modeling, solvency assessment, and stress testing.
Responsibilities
- Lead the company's capital modeling and risk-adjusted return analytical processes.
- Parametrize and maintain the company's internal capital model using Igloo, ensuring it reflects current risk exposures across underwriting, reinsurance, investments, operations, and reserving.
- Perform ongoing capital adequacy analysis under regulatory and rating agency frameworks (e.g., AM Best, NAIC RBC, Solvency II).
- Translate model outputs into actionable insights to support strategic and financial decision-making.
- Develop new solutions and improvements to statistical models and processes
- Maintain model documentation and controls in line with model governance standards.
- Design and execute comprehensive stress tests and scenario analyses to assess net aggregations across various risk types and the impact of adverse events on capital, liquidity, and earnings.
- Develop underwriting, investment, operational, and emerging risk scenarios for use in strategic planning and the Own Risk and Solvency Assessment (ORSA).
- Collaborate with finance and actuarial teams to interpret and communicate scenario results to senior stakeholders.
- Reinsurance & Reserve Risk Support
Requirements
- 5+ years of experience in capital modeling, insurance financial risk management, or actuarial risk roles.
- Proficiency in Igloo or similar capital modeling tools (e.g., Tyche, Remetrica).
- Experience in regulatory stress testing (e.g., ORSA, AM Best, NAIC) and risk quantification.
- The ideal candidate brings a strong actuarial or quantitative background and has hands-on experience with the Igloo capital modeling platform or similar capital modeling tools.
- ASA/FSA or equivalent credentials strongly preferred.
- Excellent analytical, communication, and presentation skills.
- Salary: The base pay range is $160,000.00 - 190,000.00. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.
- It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!
- It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG USA will provide reasonable accommodations for qualified individuals with disabilities.
Nice to have
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field
- Strong technical skills with Excel
- knowledge of R, Python, or SQL is a plus.
Compensation
- The base pay range is $160,000.00 - 190,000.00.
- Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.
- It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!
- In addition, MSIG USA will provide reasonable accommodations for qualified individuals with disabilities.
Visa & Work Authorization
- icy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orient
This listing is sourced directly from Msigna's careers page and normalized into a canonical job model.