MD, Actuarial Risk Oversight & Financial Risk Modeling

TIAA

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profile Job Location:

Charlotte, VT - USA

profile Monthly Salary: Not Disclosed
Posted on: 10-11-2025
Vacancies: 1 Vacancy

Job Summary

Actuarial Risk Oversight & Financial Risk Modeling
This job leads the second-line risk management function providing independent oversight of actuarial services and financial risk modeling. This role manages the team responsible for risk oversight of asset-liability management interest rate risk product financial risk as well as specialized financial modeling capabilities. The position requires deep actuarial expertise to effectively partner with and challenge first-line actuarial teams while ensuring robust risk management practices across the enterprise.

Key Responsibilities and Duties
  • Provides independent risk management oversight and governance for actuarial services teams ensuring comprehensive risk assessment challenge and validation of actuarial methodologies assumptions and results
  • Partners strategically with actuarial leadership (Product Actuarial Asset-Liability Management and Actuarial Management teams) to provide risk perspective on asset-liability management initiatives including duration matching economic capital modeling cash flow projections and balance sheet optimization strategies
  • Provides risk partnership and oversight of interest rate risk management programs including sensitivity analysis scenario testing hedging strategy evaluation and regulatory capital adequacy assessments
  • Leads independent review and challenge of product financial risk including pricing adequacy validation reserve adequacy testing profitability analysis and risk-return evaluation across annuity and insurance product portfolios
  • Manages teams performing sophisticated in-house financial modeling activities including dynamic asset allocation models operational risk quantification stress testing and specialized financial analytics supporting enterprise risk management
  • Provides risk perspective on regulatory submissions and requirements including risk-based capital asset adequacy testing and other actuarial and financial risk reporting standards
  • Represents financial risk management on cross-functional project teams and strategic initiatives providing risk expertise to support business decision-making and actuarial operations
  • Monitors industry trends regulatory developments and emerging risks in insurance and financial services to proactively inform risk management strategy and actuarial practices
  • Manages team performance through coaching mentoring and formal development processes to enable the team to deliver on strategic objectives and maintain technical excellence
Educational Requirements
  • University (Degree) Preferred
Work Experience
  • 10 Years Required
Physical Requirements
  • Physical Requirements: Sedentary Work

Career Level
11PL

Preferred Requirements:

  • Advanced degree in actuarial science mathematics finance or related field
  • Fellow of Society of Actuaries (FSA) Associate of Society of Actuaries (ASA) or Chartered Enterprise Risk Analyst (CERA)
  • 15 years of progressive actuarial and/or financial risk management experience with demonstrated expertise in life insurance/annuity products asset-liability management and risk oversight functions

Related Skills

Analytical Skills Collaboration Communication Critical Thinking Executive Presence Financial Acumen Financial Analysis Financial Risk Management Relationship Management Risk Analysis/Analytics Risk Mitigation Strategic Thinking TIAA Products/Services Acumen

Anticipated Posting End Date:

Base Pay Range: $230000/yr - $315000/yr

Actual base salary may vary based upon but not limited to relevant experience time in role base salary of internal peers prior performance business sector and geographic addition to base salary the competitive compensation package may include depending on the role participation in an incentive program linked to performance (for example annual discretionary incentive programs non-annual sales incentive plans or other non-annual incentive plans).

Company Overview

Every worker deserves a secure retirement. For more than 100 years TIAA has delivered it for millions of people. Founded to help educators retire with dignity today weʼre a market-leading retirement company fueled by world-class asset management. But weʼre not just another legacy financial services firm. Weʼre fighting harder than ever before for our clients and the many Americans who need us.

Our Culture of Impact

At TIAA were on a mission to build on our 100 year legacy of delivering for our clients while evolving to meet tomorrows challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People Be Client Obsessed Lead with Integrity Own It and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveens entrepreneurial spirit where we work hard and work together to create lasting impact. Here every associate can grow through meaningful learning experiences and development pathwaysbecause when our people succeed our impact on clients lives grows stronger.

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients and is equally committed to the well-being of our associates. Thats why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health wellness and work life offerings that can help you achieve and maintain your best possible physical emotional and financial well-being. To learn more about your benefits please review our Benefits Summary.

Equal Opportunity

We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age race color national origin sex religion veteran status disability sexual orientation gender identity or any other legally protected status.

Our full EEO & Non-Discrimination statement is on our careers home page and you can read more about your rights and view government notices here.

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers including individuals with disabilities.

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:

Phone:

Email:

Drug and Smoking Policy

TIAA maintains a drug-free and smoke/free workplace.

Privacy Notices

For Applicants of TIAA Nuveen and Affiliates residing in US (other than California) click here.

For Applicants of TIAA Nuveen and Affiliates residing in California please click here.

ForApplicants of TIAA Global Capabilities click here.

For Applicants of Nuveen residing in Europe and APAC please click here.

Actuarial Risk Oversight & Financial Risk ModelingThis job leads the second-line risk management function providing independent oversight of actuarial services and financial risk modeling. This role manages the team responsible for risk oversight of asset-liability management interest rate risk prod...
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Key Skills

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About Company

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We joined forces with The Council of Graduate Schools to conduct research on the financial education of students. Visit www.studentfinancialsuccess.org to learn about the eye-opening facts that we uncovered and strategies that leading universities used to develop impactful programs to ... View more

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