Director, Financial and Investment Risk jobs in United States
cer-icon
Apply on Employer Site
company-logo

F&G · 9 hours ago

Director, Financial and Investment Risk

positionUnited States
timeFull-time
remoteHybrid
senioritySenior Level, Lead/Staff
date8+ years exp

F&G is a leading life insurance company that offers annuity and life insurance products. They are seeking a Director of Financial and Investment Risk to ensure alignment with the company’s risk appetite and regulatory requirements while managing financial and investment risks across the organization.

Financial ServicesInsurance
check
Growth Opportunities
check
H1B Sponsor Likelynote

Responsibilities

Manage, assess, mitigate and monitor Financial & Investment risk across the Company in collaboration with Finance and Investments team
Support the decision making process for product rate actions and product development to ensure risks are identified and considered
Consult and collaborate with risk owners to reaffirm/identify/assess/monitor Key Risk Indicators
Enhance stress testing and economic capital framework through collaboration with actuarial ALM team
Support M&A and reinsurance efforts through scenario analysis and thought leadership
Enhance and reduce risk on the multi-year planning process through stress testing, gap analysis, and controls through partnership with FP&A
Partner with Investments on asset portfolio optimization and hedging needs to ensure compliance with investment guidelines/limits and risk tolerances
Unlock the value of big data (i.e. Bloomberg, Aladdin, and CapIQ) and provide additional insights to the Company to support risk aware decision making
Work closely with Investment Portfolio Analytics and external asset managers to report on portfolio metrics, provide analytical insights, and identify emerging risks
Support the creation of presentation materials for internal committees
Evaluate best practice risk modeling, credit modeling, and stress testing frameworks
Produce ad-hoc analytics as requested

Qualification

Financial risk managementInvestment risk managementRisk modelingStress testingActuarial modeling softwareBloombergAladdinCapital IQProcess optimizationScenario analysisCommunication skillsTeam player

Required

Bachelor's degree in finance, economics, actuarial science, or related field
Minimum of 8 years of experience with a minimum of 5 years of experience in risk management, actuarial, investments, and/or finance within a life insurance company
Experience with life/annuity liabilities
Experience with complex investment portfolios
Understanding of STAT and GAAP accounting and reserving
Understanding of life insurance regulatory requirements (NAIC, BMA, CIMA)
Strong knowledge of investment and financial risk management
Demonstrated experience in risk modeling, stress testing, and scenario analysis
Ability to increase model efficiencies through process optimization
Ability to manage competing priorities
Ability to influence at all levels across the organization
Experience implementing/establishing controlled processes
Proficient knowledge of actuarial modeling software
Proficient knowledge of software used for investment and financial analysis such as Bloomberg, Aladdin, FactSet, and Capital IQ
Proven ability to quickly learn and take ownership of internal processes
Excellent interpersonal, written, and oral communication skills
Pragmatic and able to pivot as needed, team player who is comfortable working in a dynamic and fast paced entrepreneurial environment

Preferred

CFA, FRM, and/or actuarial designation preferred
Experience in model risk management a plus

Benefits

Ability for in-office, hybrid and remote work arrangements
Reasonable accommodations for applicants and candidates with disabilities

Company

F&G

twittertwittertwitter
company-logo
Established in 1959, F&G is headquartered in Des Moines, Iowa, and offers unique life insurance and annuity solutions to meet individual financial security needs through a national network of financial professionals.
dateFounded in 1959
location
Des Moines, Iowa, USA
people-size1001-5000 employees
web-link
https://fglife.com

H1B Sponsorship

F&G has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3)
2024 (2)
2023 (4)
2022 (7)
2021 (5)
2020 (9)

Funding

Current Stage
Public Company
Total Funding
$3.27B
Key Investors
Fidelity National Financial
2025-01-06Post Ipo Debt· $375M
2024-10-01Post Ipo Debt· $500M
2024-05-20Post Ipo Debt· $550M

Leadership Team

leader-logo
John Phelps
EVP, Head of Owned Distribution
linkedin

Recent News

PR Newswire
Fidelity National Financial and F&G Annuities & Life Announce Final Distribution Ratio for Planned Distribution of Approximately 12% Ownership of F&G to FNF Shareholders
2025-12-18
MarketScreener
F&G Annuities & Life Boosts Quarterly Dividend 14% to $0.25 per Share; Payable Dec. 31 to Holders of Record Dec. 17
2025-11-08
PR Newswire
Fidelity National Financial and F&G Annuities & Life Announce a Planned Distribution of Approximately 12% Ownership of F&G to FNF Shareholders
2025-11-08
Company data provided by crunchbase