Portfolio Solutions Risk Lead

About the role

This is a hybrid role based in O'Fallon, Chicago, Alpharetta, or New York. You will be part of the Portfolio Solutions team in North America, focusing on evaluating, structuring, and managing delegated authority and program business across multiple lines of business.

Responsibilities

• Evaluate delegated authority portfolios across multiple lines of business, including property, casualty, and specialty
• Analyze exposure data, historical performance, and loss trends to assess portfolio quality and performance
• Assess underwriting strategy, controls, and consistency within each program
• Evaluate business at both individual program and broader portfolio levels
• Support evaluation and structuring of delegated authority and program business opportunities
• Audit participation strategies, underwriting considerations, and portfolio fit
• Partner with actuarial and modeling teams to evaluate pricing adequacy and expected performance
• Provide underwriting recommendations aligned with risk appetite and profitability objectives
• Work with brokers, program administrators, MGAs, and underwriting teams to assess opportunities
• Participate in deal discussions and negotiations
• Collaborate across underwriting, actuarial, finance, claims, operations, and governance teams

Requirements

5–10+ years of underwriting, delegated authority, program, or portfolio management experience across multiple lines of business

Strong analytical and portfolio management skills with the ability to evaluate business performance and volatility trends

Experience working with delegated authority structures, program business, or complex multi-line portfolios

Strong underwriting judgment and commercial acumen

Ability to influence and collaborate with internal and external stakeholders

Ability to utilize AI tools to support day-to-day tasks, improve efficiency, and contribute to data-driven decision-making

Qualifications

Master's degree in Actuarial Science, Finance, Economics, or related field

Professional designations such as CFA, FRM, or similar preferred

Experience with risk management software and tools

Excellent communication and interpersonal skills

Ability to work independently and as part of a team

Strong attention to detail and organizational skills

Skills

Portfolio management

Underwriting

Delegated authority

Program management

Actuarial analysis

Benefits

The annualized base pay range for this role is $97,739 to $147,652 for O'Fallon, MO, $ 107,913 - $163,096 for Chicago & Alpharetta and $124,609 - $188,330 for New York.

The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role, the skills, education, training, credentials and experience of the candidate.

The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.

We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working.

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

We offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

We provide support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), and help people return from career breaks with experience that nothing else can teach.

We are dedicated to consistently advocating for equal opportunities for all and have a commitment to creating an inclusive workplace.

We offer opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, and we care for the tomorrows of our people, our industry and our clients.