Quantitative Enterprise Risk Manager

MSIG USA continues to grow! 

Company Overview:

MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks.

Position Summary:

The Quantitative Enterprise Risk Manager plays a key role in advancing the company’s financial risk framework, with a primary focus on capital modeling, solvency assessment, and stress testing. Collaborating closely with experts in underwriting, actuarial, catastrophe modeling and investment management, the role supports enterprise-wide risk analysis, including reinsurance structures, reserve variability, and scenario development. The ideal candidate brings a strong actuarial or quantitative background and has hands-on experience with the Igloo capital modeling platform or similar capital modeling tools.

Key Responsibilities:

Capital Modeling & Solvency Assessment

• Lead the company’s capital modeling and risk-adjusted return analytical processes.
• Parametrize and maintain the company’s internal capital model using Igloo, ensuring it reflects current risk exposures across underwriting, reinsurance, investments, operations, and reserving. Product lines include Property, Traditional Casualty, Marine, Financial Lines, Political Risk & Credit, Surety and Cyber.
• Perform ongoing capital adequacy analysis under regulatory and rating agency frameworks (e.g., AM Best, NAIC RBC, Solvency II).
• Translate model outputs into actionable insights to support strategic and financial decision-making.
• Develop new solutions and improvements to statistical models and processes
• Maintain model documentation and controls in line with model governance standards.

Stress Testing & Scenario Analysis

• Design and