VP, Capital Management

Company: Ameritas
Location: Lincoln
Posted on: July 22, 2021

Job Description:

At Ameritas, our mission is Fulfilling Life. We do that in many ways, but especially by helping people invest in themselves by offering trusted financial products and advice. Because we believe everyone should be happy, healthy, and financially secure, we work hard to provide trusted financial products and valued guidance, including individual life and disability insurance, employee benefits, retirement planning, investments, and wealth management services.

Ameritas is seeking our next VP, Capital Management to provide leadership in capital management for Ameritas.  In this role you will be responsible for the development of enterprise capital models, recommendations for utilization of financial reinsurance for capital relief purposes as well as reinsurance for purposes of earnings management for underperforming blocks or blocks where there is a desire to change the risk profile. In addition, you will provide input to the risk appetite for the enterprise as it impacts capital and may interact with rating agencies regarding external capital models.  The role is an integral part of the organization and helps the company effectively manage surplus and capital to ensure proper capital is maintained to ensure financial strength of Ameritas for years to come.

What you do

* Directs the development of capital models for Ameritas – AM Best, S&P, NAIC RBC, internally developed – which includes helping set the overall capital targets each year. * Ensures the ongoing monitoring of capital levels by entity and at enterprise level and analyzes the RBC impacts of potential actions. * Oversees capital solvency analysis in support of Own Risk and Solvency Assessment (ORSA).

* Recommends financial reinsurance solutions for capital relief purposes and negotiates terms. * Recommends reinsurance solutions for earnings management purposes for underperforming blocks or blocks where there is a desire to change the risk profile which includes negotiating terms of the reinsurance agreement. * Participates in annual and multi-year planning process as well as quarterly financial process as appropriate for capital analysis. * Evaluates merger and acquisition opportunities in the context of economic risk, capital implications and our risk appetite statement.

* Collaborates with investments and Asset Liability Management to evaluate strategies in the product and surplus portfolios to balance risk, return and capital impacts. * Collaborates with the lines of business to analyze blocks of business for expected returns vs. actual to provide insight for discussions around continued capital deployment. * Collaborates with lines of business and senior leadership on special projects as appropriate to the role.

What you bring

* Bachelor's degree or equivalent work experience. * 10+ years of capital management and financial reinsurance experience. * FSA or Career ASA required. * Exposure to asset liability management preferred. * Strong interpersonal and relationship skills partnering with various key internal and external stakeholders.   * Solid communication, influencing and presentation skills.

What we offer

* Our company motto is “Fulfilling Life” and we take that job seriously, with a heavy commitment to volunteering and community support, employee well-being, and providing quality products and services that help our customers create a brighter future. * Being a mutual-based organization, the return on our investment goes back into the company, to benefit our members/customers. * We’re committed to professional development, opportunity, inclusion, and diversity. Team building and collaboration are also priorities. * A total rewards package with all the comprehensive health and welfare benefits you’d expect, including competitive pay and incentives, 401(k), flexible work schedules and time off to care for yourself and others. * Additional popular benefits, including tuition reimbursement, and student loan repayment, an incentivized well-being program, adoption assistance, paid time off for volunteering, training, and career development opportunities.

An Equal Opportunity Employer

Ameritas has a reputation as a company that cares, and because everyone should feel safe bringing their authentic, whole self to work, we’re committed to an inclusive culture and diverse workplace, enriched by our individual differences. We are an Equal Opportunity/Affirmative Action Employer that hires based on qualifications, positive attitude and exemplary work ethic, regardless of sex, race, color, national origin, religion, age, disability, veteran status, genetic information, marital status, sexual orientation, gender identity or any other characteristic protected by law.

Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled

Keywords: Ameritas, Lincoln , VP, Capital Management, Other , Lincoln, Nebraska