Director of Credit Risk

Job Summary

To protect the balance sheet of a growing insurance company, the full-time remote Director of Credit Risk will independently approve, monitor, and secure counterparties, ensuring compliance with credit standards and managing collateral requirements.

Key responsibilities

• Maintain and enforce the Third-Party Credit Risk Policy, including credit standards and concentration limits
• Conduct independent due diligence and credit approval for various counterparties before engagement
• Monitor and verify collateral and manage the Watch List, including triggers and required actions

Required qualifications

• 10+ years in credit risk, reinsurance security, or counterparty risk at an insurer, reinsurer, or financial institution
• Actuarial or accounting background
• Hands-on experience with collateral structures, including letters of credit and reinsurance trust accounts
• Strong financial statement analysis skills across insurers and non-insurance counterparties
• Working knowledge of statutory credit for reinsurance and related regulatory requirements