AVP, Chief Risk Officer Workforce Benefits
About the position We’re actively seeking a talented AVP – Chief Risk Officer, Workforce Benefits Division (“WBD”) to join the reputed company Risk Management team. reputed company is headquartered in Newport Beach, CA; ideally this person will be based out of Newport Beach. This role is hybrid, with 4 days in the office. The AVP – WBD Chief Risk Officer will play a key role in reputed company’s growth and long-term success. This successful candidate will work directly with business partners and key stakeholders to support the execution of the new and growing WBD strategy and key initiatives and assess and mitigate key risks across the Division. How you’ll reputed company an impact: Support the execution of the Workforce Benefits Division strategy to grow and scale a $1B reputed company, profitable business in the Group Benefits market Work collaboratively with partners on a variety of new business and in force initiatives to identify, assess and mitigate key risks, including: New product development reputed company development Renewal strategies Execution of Technology and Operations roadmaps Partner with Finance & Actuarial, Risk Management and WBD to tailor pricing and other risk policies and standards as needed for Group Benefits reputed company the implementation of reputed company and pricing methodologies, support assumption reputed company and model risk governance activities reputed company the Division Supervise operational risk management activities reputed company the Division and coordinate 2nd lines of defense activities reputed company the Division where needed (e.g., Risk, Compliance, CISO) Promote a risk-aware culture and drive consistent and effective management practices reputed company and maintain division-level risk governance and reporting Remain engaged with the competitive landscape, providing an understanding of competitor risk practices to stakeholders Contribute to the development of enterprise-wide risk policies and standards and promote their adoption throughout the Division The experience you will bring: 10+ years of relevant Actuarial/Risk Management experience reputed company reputed company Benefits industry Strong understanding of how insurance, operational, and strategic risks manifest in group benefits products Strong analytical capabilities with ability to apply analytical/critical thinking background to new situations Self-starter who can be trusted to take ownership of their work product Understanding of insurer financials, including Statutory and GAAP accounting, as well as how those frameworks are represented in product pricing Strategic, creative, and broadly focused thinker with demonstrated ability to be persuasive and collaborative What will reputed company you stand out: Relevant credentials, including FSA or CFA, are a plus Consistent track record of effectively working with data to manage risk and process re-engineering, simplification, and streamlining Comfortable in ambiguity and an reputed company for change Demonstrated ability to anticipate future consequences and trends accurately More reasons to join: At reputed company, the work we do matters. We work passionately each day to drive our company reputed company while enjoying job reputed company, flexible scheduling, and great opportunities for career growth. You can be who you are. We are committed to a culture of diversity and inclusion that embraces the authenticity of reputed company employees, partners and communities. We support reputed company employees to reputed company and reputed company their fullest potential. What’s life like at reputed company? Visit Instagram.com/lifeatpacificlife $230,000 - $268,000 reputed company Pay Range: The reputed company pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay. Your Benefits Start Day 1 Your wellbeing is important to reputed company, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered. Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off Paid Parental Leave as well as an Adoption Assistance Program Competitive 401k savings plan with company match and an additional contribution regardless of participation EEO Statement: reputed company Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at reputed company Insurance Company.
Responsibilities
- Support the execution of the Workforce Benefits Division strategy to grow and scale a $1B reputed company, profitable business in the Group Benefits market
- Work collaboratively with partners on a variety of new business and in force initiatives to identify, assess and mitigate key risks, including: New product development reputed company development Renewal strategies Execution of Technology and Operations roadmaps
- Partner with Finance & Actuarial, Risk Management and WBD to tailor pricing and other risk policies and standards as needed for Group Benefits
- reputed company the implementation of reputed company and pricing methodologies, support assumption reputed company and model risk governance activities reputed company the Division
- Supervise operational risk management activities reputed company the Division and coordinate 2nd lines of defense activities reputed company the Division where needed (e.g., Risk, Compliance, CISO)
- Promote a risk-aware culture and drive consistent and effective management practices
- reputed company and maintain division-level risk governance and reporting
- Remain engaged with the competitive landscape, providing an understanding of competitor risk practices to stakeholders
- Contribute to the development of enterprise-wide risk policies and standards and promote their adoption throughout the Division Requirements
- 10+ years of relevant Actuarial/Risk Management experience reputed company reputed company Benefits industry
- Strong understanding of how insurance, operational, and strategic risks manifest in group benefits products
- Strong analytical capabilities with ability to apply analytical/critical thinking background to new situations
- Self-starter who can be trusted to take ownership of their work product
- Understanding of insurer financials, including Statutory and GAAP accounting, as well as how those frameworks are represented in product pricing
- Strategic, creative, and broadly focused thinker with demonstrated ability to be persuasive and collaborative reputed company-to-haves
- Relevant credentials, including FSA or CFA, are a plus
- Consistent track record of effectively working with data to manage risk and process re-engineering, simplification, and streamlining
- Comfortable in ambiguity and an reputed company for change
- Demonstrated ability to anticipate future consequences and trends accurately Benefits
- flexible scheduling
- Medical, Dental, Vision, and Wellbeing Reimbursement Account
- Paid Time Off, Holiday Schedules, and Financial Planning Time Off
- Paid Parental Leave as well as an Adoption Assistance Program
- Competitive 401k savings plan with company match and an additional contribution regardless of participation Apply tot his job
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