Risk Manager

Talcott Financial Group* is an international life insurance group and the industry’s trusted partner for comprehensive risk solutions. Talcott creatively designs and expertly delivers responsive solutions that transfer risk and manage capital in a way that supports the strategic needs of insurers today and into the future. Talcott Financial Group has a proven track record of well-executed transactions, and the enterprise benefits from its strong financial position with over $130 billion in assets under management, its investment-grade financial strength ratings, and its partnership with Sixth Street, a leading global investment firm. Talcott Financial Group’s two core business platforms include: U.S. based Talcott Resolution and Bermuda and Cayman based Talcott Re. Overview This position will report into the Head of Model, Insurance, and Retail Risk in Enterprise Risk Management (ERM). The ERM team is composed of Actuaries, CFA charter holders, and risk professionals and is tasked with, among other things: Identifying and Assessing RisksDeveloping and testing of the Company’s Risk AppetiteDeveloping and maintenance of the Company’s Risk Management FrameworkEstablishing risk tolerances, and LimitsRisk monitoring; and internal and external risk reporting Responsibilities Develops, implements, and communicates model risk policies and proceduresSupports the oversight and challenge of key model risk activities including model documentation, model adoption and change, and model validationMaintains a model risk register and follows up with key stakeholders on the remediation of findingsDevelops comprehensive and detailed model risk reports to help monitor and manage model riskMaintains a centralized catalogue of key MRM artifacts including Policy, Standards, templates, training materials, MRM risk register, leadership team meeting materials, and program execution documentsAssesses and monitors model risk exposuresMaintains and updates a centralized model and tool inventorySupports model validations as appropriateSupports the training of MRM program objectives and requirementsEstablishes strong relationships with model owners, model business owners, and model business users Qualifications Bachelor's degree or higher in a quantitative discipline7+ years of experience required, with focus on model risk, actuarial and finance processes, operational risk, and/or insurance industry preferredStrong project management and collaboration skillsStrong attention to detail and well organized; ability to prioritize, multi-task and work independently while delivering superior outcomesStrong analytical capabilities: demonstrated modeling capabilities in Financial Mathematics preferredStrong communicator through verbal, written and listening skillsQuick learner and able to drive continuous improvement beyond own scope of responsibility; able to constructively challenge status quoProfessional designations such as CFA or FRM a plus Compensation This range represents the minimum and maximum annual base salary we reasonably expect to pay for this role at the time of posting. The actual base pay could vary and may be above or below the listed range. The base pay is based on factors including but not limited to experience, competence, and demonstration of proficiencies essential for the role. The base pay is just one component of Talcott’s total annual compensation for employees. Other compensation may include annual bonuses, long-term incentives and recognition. This role is not eligible for visa sponsorship. Applicants must be authorized to work in the United States on a full-time basis without current or future visa sponsorship.Talcott Financial Group is an equal employment employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry or citizenship status, genetic information, pregnancy status or any other characteristic protected by law. Talcott Resolution maintains a drug-free workplace. For more information regarding our Privacy Policy, please go to https://talcott.com/onlineprivacypolicy/onlineprivacypolicy.html