Apply on Employer Site

Athene · 1 day ago

Director Liability Risk

West Des Moines, IA

Full-time

Onsite

Senior Level, Lead/Staff

8+ years exp

Athene is a company focused on delivering more for their customers and financial professionals. The Director of Liability Risk will act as a senior technical leader within the Risk organization, overseeing liability risks and collaborating with various teams to evaluate insurance products and strengthen risk governance frameworks.

FinanceFinancial ServicesInsuranceRetirement

Responsibilities

Support risk oversight of liability risks, including product design, assumption setting, ALM, liquidity, collateral, and reinsurance structuring

Conduct second-line challenge on new product designs and reinsurance deals, collaborating closely with pricing and actuarial partners

Develop and maintain an insurance product pipeline summary to ensure transparency regarding upcoming product and deal activity and associated governance requirements

Prepare liability risk assessments and supporting materials for new product and deal reviews, including documentation used for regulatory applications

Support the governance framework for product and assumption approvals, ensuring effective second-line review and challenge processes are consistently applied

Provide content, analysis, and recommendations to support the Liability Risk & Product Approval Committee

Partner with actuarial and finance teams to review liability risk reporting between committee meetings and ensure material items are identified and escalated

Support the Assumption Oversight Committee by providing subject matter expertise, assisting in agenda preparation, and reviewing assumption-related material issues

Represent Risk on applicable actuarial review working groups (ARWGs), contributing actuarial insight to support recommendations for AOC review

Strengthen documentation, processes, controls, and risk governance related to liability risk across product lines and markets

Collaborate with internal and external stakeholders to support audit, regulatory, and governance expectations related to liability risk

Provide mentorship, guidance, and technical leadership to junior actuarial and risk team members

Qualification

Actuarial ScienceLiability Risk ManagementRegulatory KnowledgeActuarial Modeling SoftwareFinancial ReportingMS Office ProficiencyLeadershipCommunication SkillsCollaborationMentoring

Required

Bachelor's degree in mathematics, actuarial science, finance, or a related quantitative field

Associate of the Society of Actuaries (ASA) or equivalent international actuarial designation

8+ years of actuarial or risk experience in life insurance or reinsurance, with exposure to spread-based products such as annuities or pension risk transfer

Experience with actuarial modeling software and understanding of pricing, valuation, ALM, or risk modeling concepts

Strong knowledge of regulatory, accounting, capital, and financial reporting frameworks relevant to liability risks

Demonstrated ability to evaluate actuarial assumptions, methodologies, and models used for liability projections and product pricing

Strong written and verbal communication skills with the ability to convey technical concepts to senior leaders and committee members

Ability to build relationships and collaborate effectively with cross-functional partners

Demonstrated leadership, mentoring ability, and strong business judgement

Proficiency with MS Office