Financial & Insurance 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 Financial & Insurance 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. 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.

Key Responsibilities:

Capital Modeling & Solvency Assessment

• Lead and maintain the company’s internal capital model using Igloo, ensuring it reflects current risk exposures across underwriting, investments, operations, and reserving.
• 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.
• Maintain model documentation and controls in line with model governance standards.

Stress Testing & Scenario Analysis

• Design and execute comprehensive stress tests and scenario analyses to assess the impact of adverse events on capital, liquidity, and earnings.
• Develop underwriting, investment, operational, and emerging risk scenarios for use in strategic planning and the Own Risk and Solvency Assessment (ORSA).
• Collaborate with finance and actuarial teams to interpret and communicate scenario results to senior stakeholders.

Reinsurance &am