VP/Director, Investment Risk Management

Kuvare U.S. Holdings, Inc.; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

Join a forward-thinking insurance platform as the Vice President/Director of Investment Risk Management. In this pivotal role, you will lead the development and implementation of a robust investment risk management framework, ensuring compliance with regulatory standards while optimizing the performance of investment portfolios. Collaborating with internal and external stakeholders, you will provide critical insights into investment risks and support strategic decision-making. This opportunity offers a dynamic work environment where your expertise will directly impact the company's growth and success. If you are passionate about risk management and eager to make a difference, this role is perfect for you.

Qualifications

• 7+ years in investment risk management within insurance or financial services.
• Strong results orientation and ability to work in fast-paced environments.

Responsibilities

• Oversee investment risk management framework and ensure compliance.
• Collaborate with teams to align investment strategies with risk appetite.

Skills

Investment Risk Management

Risk Analytics

Portfolio Optimization

Communication Skills

Organizational Skills

Analytical Skills

Knowledge of Regulatory Requirements

Experience with Intex

Education

Bachelor’s Degree

CFA or Risk Certification

Tools

Intex

Structured Finance Modeling Tools

Job description

Kuvare is a growth-oriented insurance platform that delivers diversified annuities, life insurance, and supplemental products to the middle-income and mass-affluent consumer segments through its acquisition-led growth strategy. Kuvare provides proven capabilities, strategic support, substantial resources, and patient capital to help insurance companies pursue and achieve sustainable growth opportunities. With its patient capital, Kuvare targets differentiated annuity and life insurance companies to bring into its family of brands.

Summary/Objective

The Vice President/Director, Investment Risk Management will join Kuvare’s newly-created Kuvare Strategic Investments (KSI) unit, which is tasked with managing Kuvare’s investment portfolio, including supervision and monitoring of external advisers. Working closely with Kuvare’s Enterprise Risk Management team, the successful candidate will be primarily responsible for maturing KSI’s investment risk management framework, including the design and implementation of investment, market and credit risk management processes, and ensure compliance with regulatory requirements while optimizing the risk-adjusted performance of portfolios. The candidate will also oversee valuations, model development, scenario projections and sensitivity analyses across Kuvare’s investment asset classes, and play a key role in Kuvare’s liquidity management and hedging programs.

Duties and Responsibilities

Duties and responsibilities include, but are not limited to:

• Providing appropriate insight and assurance to key internal and external stakeholders regarding current and emerging investment and market risks facing the business.
• Establishing and maintaining a comprehensive investment risk strategy and framework, with supporting components including relevant policies and procedures, risk appetite, stress and scenario testing, risk management information and risk governance.
• Collaborating with the internal and external asset management teams to ensure investment strategies and decisions are aligned with the enterprise’s risk appetite and objectives.
• Providing risk insights and analytics to support portfolio optimization and capital allocation decisions.
• Establishing and maintaining an investment risk framework covering appropriate credit risk factors across all asset classes.
• Developing a systematic framework for bottoms-up scenario analysis and sensitivity testing across different investment types and portfolios.
• Building and implementing automated risk and surveillance reporting for regular asset class reviews.
• Assisting the Kuvare Product Development and ALM teams to evaluate and implement hedging strategies.
• Staying abreast of developments in risk management practices and regulatory changes affecting the insurance industry.
• Collaborating with Kuvare ERM and other internal stakeholders, including investments, asset allocation, ALM, operations, and accounting.

Experience

• Bachelor’s degree or higher with an excellent academic record; CFA and/or risk certification preferred.
• A minimum of 7 years of experience in investment risk management within an insurance company or other financial services institution.
• Experience with Intex and other structured finance modeling tools strongly preferred.
• Strong results orientation and ability to work in a fast-paced environment.
• Excellent communication, presentation, and interpersonal skills.
• Self-starter with a strong work ethic and genuine willingness and desire to learn.
• Strong organizational and analytical skills, ability to multi-task and manage several projects at a time.

Physical Demands

• Normal office working environment.
• Occasional evening and weekend hours to meet deadlines.
• Occasional travel is required.
• Ability to sit for extended periods of time.
• Ability to type / perform data entry.
• Ability to read from a computer screen and paper reports.
• Express ideas and otherwise communicate with the spoken word.

Kuvare is an equal opportunity employer that makes hiring decisions based on merit, qualifications, and the business need. We are dedicated to a policy of nondiscrimination in employment on any basis including age, sex, color, race, creed, national origin, religious persuasion, marital status, political belief, or disability that does not prohibit performance of essential job functions. We encourage all qualified candidates to apply.

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