MSIG USA · 3 hours ago
Quantitative Enterprise Risk Manager
Warren, NJ
Full-time
Onsite
Senior Level
$150K/yr - $170K/yr
5+ years expMSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., a leading global insurance provider. The Quantitative Enterprise Risk Manager will advance the company's financial risk framework, focusing on capital modeling, solvency assessment, and stress testing while collaborating with various teams to support enterprise-wide risk analysis.
FinanceFinancial ServicesInsurance
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. Product lines include Property, Traditional Casualty, Marine, Financial Lines, Political Risk & Credit, Surety and Cyber
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
Conduct risk-based evaluation of reinsurance structures, assessing effectiveness in capital relief and earnings protection
Support reserve variability and tail risk analyses to enhance understanding of technical provisions and associated capital needs
Produce clear and insightful risk reports for senior management, the Risk Committee, and regulatory audiences
Contribute to the enhancement of the Risk Appetite Framework and overall Enterprise Risk Management (ERM) strategy
Ensure capital model integration into broader ERM activities and risk-based decision processes
Qualification
Required
Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field; ASA/FSA or equivalent credentials strongly preferred
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
Strong technical skills with Excel; knowledge of R, Python, or SQL is a plus
Excellent analytical, communication, and presentation skills
Company
MSIG USA
MSIG USA is the partner that businesses rely on for creative, customized insurance solutions.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Peter McKenna
Chief Executive Officer
Ryan Kratz
Head of Cyber, North America
Recent News
2025-11-25
2025-09-30
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