Vice President, Chief Risk Officer

We are adding a VP, Chief Risk Officer to our team!

Who We Are:

Since 1909, National Guardian Life Insurance Company (NGL) has been one of America’s most successful and highly rated independent life insurance companies. We specialize in a suite of innovative products for life’s journey, giving people the financial stability, careful guidance and peace of mind to lead a life filled with confidence, dignity and grace.

NGL's Core Values – integrity, dependability, collaboration, compassion and growth are a foundation of our company and help to build on the interactions we have with our policyholders, partners, funeral homes and each other. We believe in creating an inclusive, welcoming environment for all where diversity is celebrated, and everyone is encouraged to live their best, most authentic self. We offer Employee Resource Groups for employees to get involved, learn, network, and offer professional and personal development opportunities.

With over 100 years of experience, our passion is to serve people. Learn more. 

Work Environment: NGL offers a flexible work environment where employees can work fully remote, hybrid or onsite at our Madison, Wis. office. We support virtual working arrangements in certain states outside of WI.

A Day in the Life:

Reporting directly to the Chief Financial Officer, responsible for the enterprise-wide risk management activities; creating and managing risk appetite statements, creating and maintaining risk policies for all risk exposures, including capital market, insurance, and operational risks.  Overseeing risk assessments and risk reporting. Chair and set the agenda for the enterprise risk committee.   

Primary Responsibilities: 

• Direct corporate wide risk management programs to assure adequacy and effectiveness of the system of internal controls to achieve the NGL’s strategic, financial reporting, operational, and compliance objectives. Also assure that all compliance requirements for these programs are met.
• Identify risk owners, (i.e. those responsible for managing specific risk(s)), and where this ownership is not apparent see that an owner is assigned.
• Identify and properly vet known or potential risk with those having purview over them and when appropriate senior management.
• Develop risk assessment tools along with risk owners to quantify risks that lend themselves to this approach and other assessment approaches for more qualitative risks.
• Fulfill fiduciary responsibility to the Board of Directors, meeting regularly with the board committee(s) to discuss the adequacy and effectiveness of the risk control systems in place to achieve corporate objectives in financial management and reporting, compliance, risk management and operations.
• Direct special projects as requested by the CFO.
• Run regular Enterprise Risk Management Committee meetings and help assure all significant risks are discussed and key risks are being monitored.
• Keep abreast of and have appropriate involvement in business activities to maintain a global understanding of how our various business processes affect each other and help assure good risk management practices are in place.
• Work especially close with those responsible for managing key strategic and/or pervasive risks
• Provide risk management awareness and training to all NGL Associates

Essential to Your Success:

·         Strong communication and leadership skills.

·         Strong people and project management skills.

·         Strong analytical and problem-solving skills.

·         Strong understanding of Statutory Accounting

·         Strong planning and organizational skills.

·         Sound judgment and decision-making abilities.

·         Solid understanding of process improvement methodologies and Information Technology.

·         Solid understanding of Risk Management / Internal Control Frameworks and Standards.

·         Sense of urgency.

Education Requirements:

Minimum: Bachelor's degree: Undergraduate degree in Accounting/Finance/Actuarial Science/Mathematics and/or Risk Management, or equivalent experience.

Years of Experience:

Desirable candidate will have either:

A.   Fellowship in Society of Actuaries (FSA), or Certified Public Accountant (CPA), or Chartered Enterprise Risk Analyst (CERA), or

B.   Significant professional experience in accounting/internal audit/risk management in the insurance industry

What We Offer:

At NGL, we provide a comprehensive Total Rewards package that includes competitive base pay and benefits designed to offer solutions to help meet your unique life needs.

Benefits:

• 20 days of Paid Time Off growing to 25 days after 5 years
• 11 Paid Holidays (10 company holidays and 1 personal holiday of your choice)
• Health care, dental and vision plans
• Up to $1,500 (Family) or $1,000 (Single) annually towards a Health Savings Account 
• Annual bonus based on company performance
• Paid Parental Leave
• 401(k) match up to 9%
• Paid Sabbatical after 8 years
• Paid Volunteer Time
• Education Assistance Program
• Employee Recognition Program
• And much more!

Click here to learn more about our comprehensive Total Rewards program.

NGL is committed to creating a diverse environment and is an Equal Opportunity Employer. Qualified applicants will be considered for employment without regard to race, color, creed, religion, national origin, ancestry, citizenship status, age, disability, sex or gender (including pregnancy, childbirth and related medical conditions), gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, protected medical condition as defined by applicable state or local law, genetic information, or any other characteristic protected by applicable federal, state, or local laws.

NGL is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact hrmadison@nglic.com.