Insurance Risk VP for Wealth Management & Private Bank

JPMorgan Chase & Co.

New York (NY)

On-site

USD 120,000 - 170,000

Full time

2 days ago

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Job summary

JPMorgan Chase & Co. is seeking an Insurance Risk VP to join Investment Risk & Analytics. You will partner with senior leaders to assess risks tied to life insurance, annuities, and related products across wealth management.

Lead product risk assessments, provide credible challenges, and strengthen governance across control functions. The role emphasizes innovation, stakeholder management, and collaboration to deliver robust risk oversight in a dynamic financial services environment.

Qualifications

Bachelor's degree in Finance, Risk Management, Insurance, Business, or a related field.
Experience in insurance risk management, insurance products, carrier oversight, compliance, audit, or related financial services discipline.
Possess strong knowledge of life insurance, annuities, long-term care, and related insurance solutions.
Understand insurance product governance, sales practices, suitability requirements, and distribution risk frameworks.
Have experience evaluating insurance carriers, product risks, and emerging industry trends.
Demonstrate strong analytical, communication, and stakeholder management skills, with the ability to provide independent challenge and influence senior leaders.
Are comfortable working across business and control functions and managing multiple priorities in a dynamic environment.

Responsibilities

Provide independent risk oversight of insurance carrier relationships, insurance and annuity products, and related business activities.
Lead risk assessments of new product launches, product enhancements, and business initiatives, providing effective challenge through governance and approval processes.
Evaluate fiduciary and suitability risks related to product design, sales practices, client outcomes, and insurance carrier exposures, including financial strength and concentration risks.
Conduct targeted reviews and thematic assessments to identify emerging risks, control gaps, and opportunities to strengthen the risk and control environment.
Develop and present risk assessments, reporting, and recommendations to senior management and governance forums.
Design innovative solutions for enhanced risk oversight leveraging AI toolkit.
Partner with stakeholders including Insurance Solutions, Compliance, Legal, Audit, and Control Management to promote a strong risk and control environment and support strategic risk initiatives.