Director, Capital Management

About the role

We're a fast-growing, privately held insurance company on a mission to become a leading U.S. retail platform. Our culture is built around the belief that every client and customer relationship can grow into something greater, and the same is true for our people. As we expand, we're creating a culture of high performance, creativity, and partnership.

Responsibilities

• Own the calculation, analysis, and monitoring of NAIC Risk-Based Capital (RBC) ratios across entities
• Lead quarterly and annual RBC analytics, including variance analysis, trend reporting, and key drivers of capital movement
• Ensure accuracy, consistency, and transparency in statutory capital reporting and support regulatory interactions as needed
• Own the development, maintenance, and enhancement of capital models to project statutory surplus and RBC under various scenarios
• Lead sensitivity and stress testing to evaluate the impact of investment strategies, business growth, and market conditions
• Provide actionable insights to inform capital planning, target setting, and risk management decisions
• Serve as the primary analytical lead in support of rating agency processes (AM Best, S&P, KBRA)
• Develop capital analysis, exhibits, and supporting materials for rating reviews
• Support the VP in preparing for rating agency interactions, including data requests and follow-up analysis
• Lead financial analysis and modeling of capital-enhancing initiatives, including reinsurance transactions and other risk-transfer strategies
• Partner with actuarial, finance, and reinsurance teams to evaluate transaction impacts on capital, earnings, and ratings
• Support execution of approved initiatives through detailed analysis and cross-functional coordination
• Collaborate with FP&A, actuarial, treasury, and product teams to embed capital considerations into planning, pricing, and strategic initiatives
• Provide capital insights to support decision-making on new business, investments, and organizational priorities
• Prepare capital reporting and insights for senior leadership, including capital adequacy, sensitivities, and emerging risks
• Support development of materials for executive committees and Board-level discussions
• Translate complex capital concepts into clear, actionable insights for non-technical stakeholders
• Drive enhancements to capital analytics, modeling capabilities, and reporting processes
• Improve efficiency, automation, and governance of capital-related workflows
• Support the development and mentorship of junior resources as the capital management function grows

Qualifications

• 7–10 years of experience in insurance finance, actuarial, or capital management, preferably within life and annuities
• Strong understanding of statutory accounting (SAP) and NAIC RBC framework
• Proven experience building and maintaining capital models, including scenario and sensitivity analysis
• Familiarity with rating agency capital frameworks (e.g., AM Best BCAR, S&P capital model) and regulatory capital requirements
• Working knowledge of reinsurance structures and their impact on capital and financial results
• Advanced Excel/modeling capabilities; ability to synthesize complex data into clear insights and recommendations
• Strong ability to communicate technical concepts clearly and partner effectively across functions
• Progress toward or attainment of FSA, CFA, or similar designation; MBA is a plus

Benefits

The opportunity to join the company at an exciting stage of growth, where colleagues are empowered to build what's next. A variable compensation package with a base range of $170K-$210K, a competitive benefits package including comprehensive medical, dental, and vision coverage; an HSA and 401(k) company match; paid time off; and employer-paid life and disability insurance. Hybrid work arrangement: this role is ideally based in one of our main offices (New York, Austin or Miami) but flexible arrangements (including remote work) may be considered for the right candidate.