Manager, Credit Risk Strategy – Insurance

Madison-Davis, LLC; Chicago (IL); Hybrid; USD 150,000 - 170,000; Full time

Job summary

A financial institution is seeking a Manager of Credit Risk Strategy to lead the development of its insurance credit risk function. This role involves shaping policy, managing a team of analysts, and conducting in-depth financial analysis. The ideal candidate will have significant experience in credit risk management and a strong analytical background. This position offers a hybrid work model and competitive salary.

Qualifications

• 5+ years of experience in credit risk management.
• Proven ability to lead teams and drive strategic initiatives.
• Strong analytical skills with a focus on financial data.

Responsibilities

• Lead the build-out of the insurance credit risk framework.
• Develop methodologies for analyzing insurance exposures.
• Mentor a team of credit analysts.

Skills

Credit risk analysis

Team leadership

Financial analysis

Regulatory compliance

Education

Bachelor's degree in Finance or related field

Job description

Manager, Credit Risk Strategy – Insurance

Manager, Credit Risk Strategy – Insurance

This range is provided by Madison-Davis, LLC. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$150,000.00/yr - $170,000.00/yr

Job Title: Manager, Credit Risk Strategy – Insurance

Office Status: Hybrid

Overview

An established financial institution is seeking a strategic and hands-on credit risk leader to spearhead the build-out of its insurance company credit risk function. This role offers a rare opportunity to shape policy, enhance frameworks, and lead a high-performing team at a critical time of transformation. If you're eager to leave your mark by developing structure, driving innovation, and influencing credit decisions across a complex portfolio, this role is built for you.

Key Responsibilities

• Lead the build-out of the insurance credit risk framework, establishing scalable processes and tools aligned with institutional policy.
• Develop and implement robust methodologies for analyzing insurance company exposures and setting appropriate risk tolerances.
• Manage and mentor a growing team of credit analysts, setting clear goals and fostering a collaborative, high-performance culture.
• Oversee deep-dive financial analysis using regulatory (e.g., statutory) and GAAP-based financials, applying insurance-specific risk tools.
• Evaluate public and private sources (e.g., rating agency reports, SEC filings, earnings calls) to assess current and prospective risk profiles.
• Drive strategic credit decisions by presenting actionable insights and recommendations to executive leadership and the board.
• Monitor regulatory changes in insurance reporting and accounting standards, ensuring internal policies remain compliant and forward-looking.
• Champion the implementation of new risk management systems and data tools to strengthen oversight and reporting.
• Create a culture of continuous improvement through knowledge-sharing, staff development, and proactive recognition.
• Serve as a subject matter expert on insurance credit trends, shaping thought leadership within the organization.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance

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