Chief Risk Officer, Corebridge Insurance Company of Bermuda, Ltd.

Chief Risk Officer, Corebridge Insurance Company of Bermuda, Ltd. page is loaded

Chief Risk Officer, Corebridge Insurance Company of Bermuda, Ltd.

Apply locations Pembroke time type Full time posted on Posted 2 Days Ago job requisition id JR2400813

At Corebridge Financial, we believe action is everything. That's why every day we proudly partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.

As CRO, you will lead Enterprise Risk Management (ERM) for Corebridge Bermuda. You will focus on risk management, internal controls and governance. Under the oversight of the Board, you will be responsible for setting the risk management framework and internal controls for Corebridge Bermuda and will work with the General Manager of Corebridge Bermuda to ensure that reinsurance transactions align with risk appetite as well as provide appropriate economic return for the company. You will also ensure that appropriate controls are in place to administer and business. 

Responsibilities

• Oversee the risk management framework and internal controls for Corebridge Bermuda
• Set up appropriate risk management strategy, including risk appetite, limits and evaluation framework to manage evaluate affiliate reinsurance transactions.
• Chair the Risk and Capital Committee.
• Act as independent second line of defense for Regulators, Board of Directors and other stakeholders
• Provide a risk perspective and effective challenge to the transactions and strategies.
• Work closely with the business to ensure proper balance between growth, profitability and risk.
• Lead key risk frameworks to steer Corebridge Bermuda
• Produce risk reporting and other management information for increasing transparency and proactive management of key risks.
• Own the annual CISSA report to summarize risks.
• Conduct effective stress testing to evaluate resiliency of the company.
• Work closely with the leadership team to manage the capital and ALM position of Corebridge Bermuda.
• Maintain an effective control environment at the company
• Set up and maintain appropriate governance for approval of transaction and business decisions.
• Review the Underwriting guidelines and pricing guidelines.
• Partner with Operational Risk and Technology Risk staff to facilitate the maintenance of business-unit risk registers and related risk identification, as applicable.

Qualifications

• Demonstrated risk mindset and proven ability to effectively challenge.
• Life and Annuities Insurance / Reinsurance experience
• Business acumen with a proven track record of making sound judgments backed by strong analytical and quantitative skills.
• Demonstrated experience using risk models, aggregation tools and data investigation.
• Proven ability to influence and gain commitment from colleagues particularly those with whom there is no reporting relationship.
• Understanding of capital and liquidity implications from a change in risk profile through economic, statutory and GAAP lenses.
• Demonstrated ability to work across interdisciplinary teams that are geographically dispersed.
• Strong communication skills (oral and written).
• Ability to anticipate and effectively manage change.
• Minimum 10 years of experience operating in a global organization

We are an Equal Opportunity Employer

Corebridge Financial, Inc ., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At Corebridge Financial , we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

To learn more please visit: www.corebridgefinancial.com

Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to [email protected] . Reasonable accommodations will be determined on a case-by-case basis.

Functional Area:

RK - RiskEstimated Travel Percentage (%): Up to 50%Relocation Provided: NoAmerican General Life Insurance Company

Welcome

Thank you for your interest in careers at Corebridge Financial and creating a user account on our Careers site.This page will allow you to check the status of your application(s), update your contact information, and receive important updates and materials related to your application(s).

About Us

Corebridge Financial makes it possible for more people to take action in their financial lives. Corebridge is one of the largest providers of retirement solutions and insurance products in the United States. We proudly partner with financial professionals and institutions to help individuals plan, save for and achieve secure financial futures. For more information, visit corebridgefinancial.com. Thank you for choosing to join our team.

#J-18808-Ljbffr