Risk Analytics Manager for Insurance Solutions

2 weeks ago

Raleigh, North Carolina, United States Genworth Full time

At Genworth,
we recognize the importance of home and the role it plays in people's lives.

Our mission is to leverage our extensive knowledge, insightful services, and commitment to excellence to assist lenders in helping individuals secure and maintain their homes.

We are seeking a Risk Analytics Manager specializing in Insurance to join our team. This position will be pivotal in applying our core values of integrity, innovation, and collaboration.

In this capacity, you will deliver insightful analysis and expertise in the creation and quantitative evaluation of risk models across various insurance and reinsurance sectors.

These models are essential for the success of Genworth's strategic risk acquisition, management, and distribution initiatives, serving as the backbone for pricing, forecasting, capital allocation, and stress testing operations.

This role involves collaboration with senior leadership and encourages the exchange of ideas and expertise across different business units. Achieving success in this position requires a combination of robust analytical capabilities, financial insight, credit risk knowledge, and effective communication skills.

WHY JOIN GENWORTH
We foster innovative solutions to current challenges.
We embrace diverse perspectives to enhance our outcomes.
We engage in rewarding and challenging projects.
We provide competitive benefits, including:

Flexible work arrangements (with in-office collaboration days),
Generous Paid Time Off,
40 Hours of Volunteer Time Off,
Tuition Reimbursement and Student Loan Repayment,
Paid Family Leave and Flexible Spending Accounts,
401k with employer matching up to 5%,
Wellness reimbursements for fitness and mental health.

YOUR RESPONSIBILITIES

Analyze extensive datasets and apply statistical methods to uncover patterns and trends affecting insurance and reinsurance credit risk.

Develop, update, monitor, and enhance internal risk models that assess credit risk.

Critically evaluate, oversee, and expand external risk models utilized within the organization that analyze credit risk.

Design, create, and refine insurance pricing and cash flow models.

Advocate for capital allocation strategies that align with internal risk perspectives while complying with regulatory requirements.

Interpret stochastic modeling frameworks and their associated probability distributions.

Conduct stress testing to meet internal and regulatory standards, evaluating correlations between risk exposures.

Engage with external entities and conduct independent research to adopt industry-standard methodologies and foster innovative improvements to our risk models.

Perform scenario analysis, sensitivity analysis, and what-if analysis to evaluate the potential impact of assumptions on insurance portfolios.

Provide oversight, review, and constructive challenge of credit risk activities across the organization.

Summarize and present analyses of modeled performance and financial outcomes to both technical and non-technical audiences.

Draft technical documentation that outlines the risks, limitations, and appropriate confidence levels associated with modeled results.

Collaborate with clients to gather essential credit information and engage with various internal stakeholders, including teams in Risk, Finance, Operations, and IT, to enhance understanding of models and their implications.

YOUR QUALIFICATIONS

Advanced degree in a quantitative field such as Quantitative Finance, Statistics, Economics, Mathematics, Data Science, or Actuarial Sciences.

7+ years of relevant experience in analyzing economic or financial data.

Experience with financial cash flows and metrics such as return on equity.

Familiarity with capital modeling across diverse lines of insurance and reinsurance.

Ability to independently assess, draw conclusions, and present findings.

Experience in mortgage insurance and reinsurance.

Strong communication, presentation, and collaboration skills to work effectively at all organizational levels.

Proven ability to take full ownership of projects in a results-driven environment.

ADDITIONAL QUALIFICATIONS

Proficiency in data manipulation and analysis using SQL and Excel or programming languages such as Python, R, or SAS.

Experience in insurance or reinsurance pricing, focusing on developing and implementing effective pricing strategies.

Experience working with multiple asset classes.

Background in underwriting for insurance or reinsurance.

Experience related to structured transactions.

COMPANY

Genworth is a prominent provider of private mortgage insurance in the U.S., dedicated to offering borrower-centric solutions that empower lenders and partners to help individuals responsibly achieve and sustain homeownership.

By supporting our customers and their borrowers, Genworth aims to make a positive impact on the communities we serve in a sustainable manner.

Headquartered in a dynamic location, we actively contribute to a healthier community and encourage our colleagues' philanthropic efforts across the U.S.

Genworth values diverse perspectives, characteristics, and experiences, with a strong commitment to diversity, equity, and inclusion.

We strive to cultivate an environment where employees can express their authentic selves to support one another and our customers.

We are proud to be an equal opportunity employer, with all hiring decisions based on merit, qualifications, and business needs.

We do not discriminate based on race, religion, color, national origin, gender (including pregnancy), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other legally protected characteristics.

  • Risk Analytics Manager for Insurance Solutions

    2 weeks ago

    Raleigh, North Carolina, United States Genworth Full time

    Insurance Risk Management Analytics LeadLocation: RemoteTime Type: Full timeCompany: GenworthAbout Us: At Genworth, we are dedicated to providing innovative insurance solutions that empower individuals and families to achieve their homeownership dreams. Our commitment to excellence drives us to deliver insightful products and services that make a difference...

  • Head of Risk Management Strategy

    1 week ago

    Raleigh, North Carolina, United States Risk & Insurance Management Society Inc Full time

    Position Overview:The Risk & Insurance Management Society Inc is seeking a Senior Director of Risk Management. This pivotal role is integral to the legal leadership team, collaborating closely with the General Counsel, Chief Financial Officer, and key business executives. Key Responsibilities:This individual will oversee all facets of risk associated with...

  • Chief Risk Officer

    2 weeks ago

    Raleigh, North Carolina, United States Risk & Insurance Management Society Inc Full time

    Position Overview:The Risk & Insurance Management Society Inc is seeking a Senior Director of Risk Oversight. This pivotal role involves collaboration with the organization's General Counsel, CFO, and key business leaders. Key Responsibilities:This individual will be tasked with overseeing all facets of risk related to the organization, its personnel,...

  • Vice President of Risk Strategy

    1 week ago

    Raleigh, North Carolina, United States Risk & Insurance Management Society Inc Full time

    Position OverviewThe Risk & Insurance Management Society Inc is seeking a Senior Director of Risk Management. This pivotal role is integral to the legal leadership team, collaborating closely with the organization's General Counsel, Chief Financial Officer, and key business leaders.Key ResponsibilitiesReporting directly to the General Counsel, the Senior...

  • Insurance Account Manager

    2 weeks ago

    Raleigh, North Carolina, United States The Cincinnati Insurance Companies Full time

    Job Overview The Cincinnati Insurance Companies is seeking a dedicated individual to join our Customer Care Center as an Account Manager. This role is essential in managing policies on behalf of our independent agents, ensuring that we deliver exceptional service and support. Your Impact In this position, you will play a crucial role in fostering...

  • Risk Management Specialist

    1 week ago

    Raleigh, North Carolina, United States FCCI Insurance Group Full time

    FCCI Insurance Group is a company that values Loyalty, Integrity, Vision, Excellence, and Service. We are seeking a Risk Control Associate to join our Agribusiness team.About the Position:Conduct thorough risk assessments and provide consultative services to support commercial insurance business operations.Identify and communicate risk control management...

  • Business Development Manager, Insurance Solutions

    1 day ago

    Raleigh, North Carolina, United States Marsh & McLennan Companies Full time

    About the RoleWe are seeking a highly skilled and experienced Business Development Manager to join our team at Marsh & McLennan Companies. As a Business Development Manager, you will be responsible for assisting our clients with service and risk management needs and managing relationships with clients, prospects, client teams and producers to provide best in...

  • Lead Risk Analyst

    2 weeks ago

    Raleigh, North Carolina, United States Kansas Action for Children Full time

    Position Overview:Join Kansas Action for Children as a vital member of our underwriting team. In this role, you will leverage your expertise to enhance our operations while gaining invaluable experience that contributes to our mission.Remote Work Opportunity:This position offers remote work flexibility for eligible candidates.Key Responsibilities:- Manage...

  • Senior Risk Management Specialist

    9 hours ago

    Raleigh, North Carolina, United States Turner & Townsend Full time

    Job Summary:Turner & Townsend is seeking a highly skilled Senior Risk Management Specialist to join our team. As a key member of our project controls team, you will be responsible for managing all aspects of risk management processes to support capital projects for our clients.Key Responsibilities:Manage Project Risk Management Registers and Processes:...

  • Commercial Insurance Sales Executive

    2 weeks ago

    Raleigh, North Carolina, United States Wells Insurance Full time

    Position OverviewWe are seeking a driven Commercial Insurance Sales Executive to enhance and support the operations of Wells Insurance. This role is pivotal in fostering relationships within the greater Raleigh/Durham/Chapel Hill region.Key Responsibilities:The successful candidate will be responsible for:Evaluating the Commercial Insurance requirements of...

  • Lead Risk Management Consultant, Mid-Atlantic Area

    2 weeks ago

    Raleigh, North Carolina, United States HUB International Full time

    ABOUT HUB INTERNATIONAL At HUB International, we are a collective of innovators dedicated to safeguarding the ambitions of individuals, families, and enterprises. Our mission is to assist clients in assessing their risks and crafting customized solutions that align with their unique needs. We are committed to empowering our team members to grow, learn, and...

  • Audit Manager

    3 days ago

    Raleigh, North Carolina, United States Truist Full time

    Job SummaryWe are seeking a highly skilled and experienced Audit Manager to join our team at Truist. As an Audit Manager, you will be responsible for providing leadership and guidance to junior team members, as well as delivering high-risk, complex, and value-added internal audit assurance and advisory services.Key ResponsibilitiesServe as Engagement Manager...

  • Risk Management Specialist

    1 day ago

    Raleigh, North Carolina, United States First Citizens Bank Full time

    Job SummaryWe are seeking a highly skilled Risk Management Specialist to join our team at First Citizens Bank. As a key member of our Business Operations team, you will play a critical role in the execution of our loan loss reserve integration roadmap.Key ResponsibilitiesProject Coordination: Work closely with leadership, internal teams, and external service...

  • Risk Management Specialist

    5 days ago

    Raleigh, North Carolina, United States First Citizens Bancshares, Inc. Full time

    About the RoleThis is a remote opportunity that may be based in several markets across the United States. As a member of the First Line Risk Management (FRM) Team, you will support the Modeling & Analytics business unit. In this embedded 1st Line of Defense risk partner role, you will work closely with the Risk Management, Project Management, Internal Audit,...

  • Senior Ethics Risk Manager

    1 week ago

    Raleigh, North Carolina, United States Truist Financial Full time

    Position Overview:The Ethics Risk Officer II plays a pivotal role in the establishment, execution, and management of the Enterprise Ethics Risk Programs, ensuring adherence to the Code of Ethics and Conduct Risk supervision.This position necessitates collaboration with key stakeholders across the organization to guarantee effective monitoring and oversight...

  • Third Party Risk Management Specialist

    5 days ago

    Raleigh, North Carolina, United States Oracle Full time

    Job DescriptionJob Summary: We are seeking a highly skilled Third Party Risk Management Specialist to join our team at Oracle. As a Criticality and Resiliency Expert, you will be responsible for assessing and enhancing the criticality and resiliency of our third-party vendors.Key Responsibilities:Develop and implement strategic plans to assess and enhance...

  • Quantitative Analytics Specialist

    5 days ago

    Raleigh, North Carolina, United States Marsh & McLennan Companies Full time

    About the RoleWe are seeking a highly motivated and detail-oriented Quantitative Analytics Specialist to join our team at Marsh & McLennan Companies. As a key member of our Financial Services Quantitative Analysis (FSQA) team, you will work closely with clients to develop and implement advanced analytics solutions to drive business growth and improve...

  • Risk Management Auditor

    2 weeks ago

    Raleigh, North Carolina, United States Accentuate Staffing Full time

    Accentuate Staffing is seeking a Risk Management Auditor for a prominent healthcare organization. This role is a direct hire opportunity that allows for remote work. The successful candidate will play a crucial role in performing risk evaluations, advising management on risk, compliance, and control issues, as well as executing audit and advisory...

  • Insurance Audit Manager

    3 days ago

    Raleigh, North Carolina, United States FORVIS Full time

    About the RoleWe are seeking a highly skilled Insurance Audit Manager to join our team at Forvis Mazars. As an Insurance Audit Manager, you will play a key role in providing assurance services to our clients, bringing credibility to their financial picture, and communicating information objectively and clearly.Key ResponsibilitiesReview and perform audit...

  • Senior Director of Enterprise Risk Management

    1 day ago

    Raleigh, North Carolina, United States First Citizens Bank Full time

    Job SummaryWe are seeking a highly experienced Senior Director to lead our Enterprise Risk Management team. As a key member of our leadership team, you will be responsible for developing and implementing risk management strategies to ensure the long-term success of our organization.Key ResponsibilitiesDevelop and Implement Risk Management Strategies:...