What are the responsibilities and job description for the Director - Risk Management and Insurance Analysis position at Fidelity Investments?
Job Description :
Director - Risk Management and Insurance Industry Analysis
Fidelity Insurance Agency (FIA) is looking for a Director to help conduct due diligence and access life insurance and annuity counterparties. Join a diverse team that builds, promotes, and supports Fidelity's outstanding experience.
The Role
- Conduct research on and monitor creditworthiness / financial strength of existing and potential insurance counterparties in accordance with internal, proprietary standards.
- Analyze and assess insurer financial statements, investment portfolios, insurance liability profile, strength of risk management and controls, and commitment to protection of policyholders.
- Play a key role in preparing for and participating in due diligence sessions with C suite leaders of industry leading insurance companies.
- Understand the nature and history of Fidelity's business with each counterparty.
- Keep track of industry news as well as macroeconomic trends and regulations that may impact the insurance industry.
- Present and make recommendations to FIA senior leadership on a periodic basis.
The Expertise and Skills You Bring
The Team
Fidelity Insurance Agency distributes financial products that help Fidelity's investors achieve lifetime financial goals. Having annuity and life insurance solutions as options is a strategic advantage for Fidelity's Wealth Services organization. Life insurance and annuity products help ensure our clients do not outlive their assets in retirement, safeguard one's portfolio from market volatility and protect against premature death and unforeseen long-term care costs.
Certifications : Category :
Actuarial
Fidelity's hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.