Note: The job is a remote job and is open to candidates in USA. Horace Mann is a company focused on providing quality, affordable insurance and financial products for educators. The Sr Enterprise Risk & Capital Strategy Analyst role involves supporting enterprise risk management and capital strategy while partnering with various departments to drive informed decisions that enhance financial strength and growth.
Responsibilities
- Play a critical part in ensuring financial strength, optimizing capital allocation, and evaluating strategic growth opportunities
- Partner closely with actuarial, finance, investments, and executive leadership to drive data-informed decisions that balance risk, return, and regulatory requirements
- Influence the company’s financial resilience and growth strategy directly by ensuring appropriate risk-taking, efficient capital deployment, and disciplined evaluation of strategic opportunities
- Play a key role in maintaining strong regulatory standing and supporting rating agency relationships
- Evaluate strategic initiatives including Mergers & Acquisitions (M&A), reinsurance transactions, distribution partnerships, and new product/market entry
- Build and review financial models for acquisitions, divestitures, and strategic investments
- Perform valuation analyses (discounted cash flow [DCF], comparable companies, embedded value where applicable)
- Conduct industry and competitor analysis across life, annuity, and/or Property & Casualty (P&C) markets
- Support due diligence and integration planning for transactions
- Develop and maintain capital models across regulatory and economic frameworks (e.g., risk-based capital [RBC], economic capital, rating agency models such as AM Best/Standard & Poor’s [S&P])
- Analyze capital adequacy and support capital allocation decisions across business lines
- Perform sensitivity and scenario testing to assess impacts on surplus, earnings, and ratings
- Partner with actuarial and finance teams on projections, reserve impacts, and asset-liability management (ALM)
- Support ORSA filings, rating agency submissions, and capital-related disclosures
- Support the design, enhancement, and execution of the company’s ERM framework in alignment with National Association of Insurance Commissioners (NAIC) and Own Risk and Solvency Assessments (ORSA) requirements
- Identify, assess, and monitor key risks including underwriting, market, credit, liquidity, and operational risks
- Lead risk assessments, scenario analysis, and stress testing (e.g., interest rate shocks, catastrophe events, lapse risk)
- Prepare risk reports and dashboards for senior management and the Board
- Collaborate with business units to develop and track risk mitigation strategies
Skills
- Bachelor's degree in Actuarial Science, Finance, Economics, Mathematics, or related field
- 5–10+ years of experience in insurance risk management, actuarial, corporate finance, investment banking, or strategy
- Strong understanding of insurance fundamentals (reserving, pricing, reinsurance, ALM)
- Experience with capital frameworks such as RBC and/or economic capital models
- Advanced Excel skills
- Progress toward or attainment of FSA/ASA, CFA, or MBA strongly preferred
- Experience with modeling tools (e.g., Python, R, VBA, Prophet, AXIS, or similar) is a plus
Company Overview