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Director, CICB Balance Sheet Risk Management

Corebridge Financial, Inc., New York, NY, United States


* Analyze liability behavior (surrenders, utilization, longevity, interest-rate sensitivity) and assess implications for asset strategy, hedging, and liquidity.* Partner with asset management teams to design liability-aware portfolio strategies (duration alignment, spread exposure, illiquidity tolerance).* Work with derivatives teams to design, size, and assess hedging strategies (rates, convexity, optionality), including hedge effectiveness analysis.* Recommend balance sheet actions that improve earnings stability, capital efficiency, and alignment with risk appetite.* Develop ALM stress and scenario analytics that reflect the joint behavior of assets and liabilities to inform management* Quantify impacts of regulatory market shocks, behavioral changes, and structural shifts on ALM position* Support regulatory filing requirements* Other duties as assigned related to the ongoing success of CICB* Act as a key ALM integrator across actuarial, asset management, derivatives, finance, and reinsurance teams.* Communicate ALM positioning, risks, and recommendations clearly to senior stakeholders and governance forums.* Over time, assume people management responsibilities as scope and resourcing expand.* Actuarial credential: FSA (or international equivalent) strongly preferred.* 10+ years of experience in ALM, balance sheet risk management, or actuarial roles with strong asset-liability integration.* Hands-on experience building ALM analytics, stress testing, and optimization frameworks.* Strong ability to partner with asset management, derivatives, and actuarial teams.* Clear, concise communicator with strong executive presence.* Bermuda insurance or reinsurance experience.* Exposure to reinsurance-supported balance sheet structures.* Experience with hedging programs for long-duration liabilities.* Familiarity with economic capital or Bermuda-style balance sheet frameworks.At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive. **Benefit Offerings Include:*** Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.* Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.* Employee Assistance Program: Confidential counseling services and resources are available to all employees.* Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.* Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.* Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.**We are an Equal Opportunity Employer** Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives. Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees, including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to Reasonable accommodations will be determined on a case-by-case basis, in accordance with applicable federal, state, and local law. We will consider for employment qualified applicants with criminal histories, consistent with applicable law.
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