Insurance Capital Modeling Leader

Socotra, Inc.; Northern (KY); Hybrid; USD 150,000 - 175,000; Full time

Benefits offered by this job

Remote work

Unlimited PTO

Health benefits

401(k) & life insurance

Disability coverage

Job summary

Ledgebrook, an InsurTech MGA, seeks a highly analytical and insurance-fluent Head of Capital Modeling to own capital management and financial planning across Ledgebrook’s risk-bearing entities. This is a high-visibility, high-impact role sitting at the intersection of FP&A, actuarial finance, and enterprise risk.

As Ledgebrook scales its risk-bearing footprint, we need someone who can independently drive capital adequacy analysis, model loss reserve scenarios, and translate complex outputs

Qualifications

• Bachelor’s degree in Finance, Actuarial Science, Mathematics, Accounting, or related field.
• 5–7 years of directly relevant experience in insurance capital management, ERM, actuarial finance, or statutory FP&A at a carrier, captive, reinsurer, MGA with risk-bearing exposure, or rating agency.
• Hands-on AM Best BCAR modeling experience (built, maintained, or stress-tested analyses) for P&C entities.
• Working knowledge of loss reserving methodologies.
• Familiarity with statutory financial statements and their relation to capital adequacy.
• Advanced financial modeling skills and expert Excel proficiency.

Responsibilities

• Own capital adequacy modeling across Ledgebrook’s risk-bearing entities, including captives and fronting/carrier structures, with a primary lens on AM Best’s BCAR framework.
• Maintain and develop loss reserve models, including triangle-based methodologies and translate reserve adequacy findings into executive-level capital planning outputs.
• Build and maintain dynamic capital planning models that stress-test surplus positions under adverse loss, premium growth, and reinsurance scenarios.
• Lead underwriting profitability analysis by accident year, line of business, and entity—surfacing actionable insights on combined ratio drivers and reserve margin trends.
• Support the annual planning and reforecasting cycle with entity-level P&L projections and capital deployment scenarios.
• Serve as the internal subject matter expert on statutory capital requirements, risk-based capital (RBC) frameworks, and AM Best rating methodology as they relate to Ledgebrook’s balance sheet.
• Collaborate cross-functionally with Actuarial, Accounting, and Underwriting to ensure reserve estimates, premium bookings, and capital positions are coherent and audit-ready.
• Prepare materials for CFO and Board-level consumption: capital adequacy dashboards, reserve adequacy summaries, and scenario analyses tied to business plan milestones.
• Support rating agency interactions and diligence processes, including BCAR sensitivity analysis and documentation.
• Identify opportunities to automate and modernize capital and reserve reporting workflows.

Skills

Insurance capital frameworks

BCAR analysis

Financial modeling

Excel proficiency

Communication to CFO/C-suite

Remote work independence

Education

Bachelor's degree in Finance, Actuarial Science, Mathematics, Accounting, or related field

Tools

Workday

Snowflake

Job description

Ledgebrook, an InsurTech MGA, seeks a highly analytical and insurance-fluent Head of Capital Modeling to own capital management and financial planning across Ledgebrook’s risk-bearing entities. This is a high-visibility, high-impact role sitting at the intersection of FP&A, actuarial finance, and enterprise risk.

As Ledgebrook scales its risk-bearing footprint, we need someone who can independently drive capital adequacy analysis, model loss reserve scenarios, and translate complex outputs