UFG Insurance is hiring a Director to lead its Corporate Risk Analysis function. This influential role advances our property & casualty capital modeling, solvency assessment, and stress testing frameworks, providing direct analysis and strategic advice to primary decision-makers.

What You'll Do

Develop, manage, and maintain the corporate economic capital model (ECM).
Evaluate capital adequacy against UFG’s risk profile and support internal, regulatory, and rating agency evaluations.
Perform optimization analysis of corporate reinsurance programs and recommend purchasing decisions.
Advise senior leaders with reports and presentations on portfolio management and optimization strategies.
Evaluate the impact of business strategies, including catastrophe management, on overall capital requirements.
Maintain understanding of regulatory and rating agency capital adequacy measures and work with Finance to optimize the external view of capital.
Support the corporate forecasting process and develop capabilities to measure and project capital adequacy.
Develop and implement a capital allocation framework to appraise underwriting performance on a risk-adjusted basis.
Develop underwriting, investment, operational, and emerging risk scenarios for strategic planning and the Own Risk and Solvency Assessment (ORSA).
Maintain model documentation and adhere to corporate model governance standards, including controls and audit support.
Perform analytical studies and maintain familiarity with industry developments to support robust parameterization and model designs.
Perform ad hoc special analyses and reinsurance pricing as needed.

What We're Looking For

Bachelor’s degree in actuarial science, risk management, finance, mathematics, statistics, or a related field.
Fellow or Associate of the Casualty Actuarial Society (FCAS/ACAS) designation or related field equivalent.
8+ years of relevant experience in P&C economic capital modeling.
Strong understanding of corporate forecasting, statutory and GAAP accounting, capital adequacy evaluation, property catastrophe modeling, and reinsurance pricing.
Experience in risk quantification, financial modeling, and regulatory stress testing (e.g., ORSA, AM Best, NAIC).
Strong technical, analytical, and communication skills, including effective presentation to a broad audience.
Ability to translate mathematical model outcomes into strategic advice.
Fluency in multiple computer languages and ability to learn new applications as needed.
Familiarity with MetaRisk or similar capital modeling software.

Nice to Have

Advanced degrees in related fields.
Commitment to continuing education to maintain current risk management and modeling best practices.

Team & Environment

Member of the risk office, you will collaborate closely across functions including underwriting, actuarial, finance, catastrophe modeling, and investment management.