Director, Capital Management

About Us:

We're a fast-growing, privately held insurance company on a path to become a leading U.S. retail platform. We believe every client and customer relationship holds the potential to grow into something greater-and the same is true for our people. As we grow, we're redefining how great talent connects with meaningful work-enabling our ambitious strategy while building a culture of high performance, creativity, and partnership.

If you're invigorated by owning complex capital analytics end-to-end, translating quantitative insights into strategic decision making, and partnering across teams to strengthen capital positioning in a dynamic, regulated environment, this role offers the opportunity to do your best work.

About the Role:

We're looking for a Director of Capital Management who will play a critical role in executing Prosperity Life's capital strategy. In this role, you'll have primary ownership of capital analytics, modeling, and regulatory capital insights. You'll be responsible for developing the quantitative foundation that supports capital decision-making, rating agency engagement, and strategic initiatives.

Reporting to the Vice President of Capital Management, you will serve as the analytical lead for capital management, partnering across actuarial, finance, treasury, and reinsurance teams to ensure the company maintains strong capital adequacy and financial strength ratings.

What You'll Do:
Regulatory Capital & RBC Ownership

Own the calculation, analysis, and monitoring of NAIC Risk-Based Capital (RBC) ratios across entities
Lead quarterly and annual RBC analytics, including variance analysis, trend reporting, and key drivers of capital movement
Ensure accuracy, consistency, and transparency in statutory capital reporting and support regulatory interactions as needed

Capital Modeling & Forecasting

Own the development, maintenance, and enhancement of capital models to project statutory surplus and RBC under various scenarios
Lead sensitivity and stress testing to evaluate the impact of investment strategies, business growth, and market conditions
Provide actionable insights to inform capital planning, target setting, and risk management decisions

Rating Agency Analytics Support

Serve as the primary analytical lead in support of rating agency processes (AM Best, S&P, KBRA)
Develop capital analysis, exhibits, and supporting materials for rating reviews
Support the VP in preparing for rating agency interactions, including data requests and follow-up analysis

Capital Optimization & Transaction Support

Lead financial analysis and modeling of capital-enhancing initiatives, including reinsurance transactions and other risk-transfer strategies
Partner with actuarial, finance, and reinsurance teams to evaluate transaction impacts on capital, earnings, and ratings
Support execution of approved initiatives through detailed analysis and cross-functional coordination

Cross-Functional Business Partnership

Collaborate with FP&A, actuarial, treasury, and product teams to embed capital considerations into planning, pricing, and strategic initiatives
Provide capital insights to support decision-making on new business, investments, and organizational priorities

Management Reporting & Insights

Prepare capital reporting and insights for senior leadership, including capital adequacy, sensitivities, and emerging risks
Support development of materials for executive committees and Board-level discussions
Translate complex capital concepts into clear, actionable insights for non-technical stakeholders

Process Improvement & Team Development

Drive enhancements to capital analytics, modeling capabilities, and reporting processes
Improve efficiency, automation, and governance of capital-related workflows
Support the development and mentorship of junior resources as the capital management function grows

Core Competencies

Enterprise Capital Strategy & RBC Leadership:
Recognized expert in NAIC RBC and statutory capital, leading capital adequacy insights and governance across entities
Advanced Capital Modeling & Analytics:
Oversees development and application of capital models, including scenario analysis and stress testing to inform strategic decisions
Rating Agency Strategy & Engagement:
Plays a key role in shaping analytical positioning and supporting interactions with AM Best, S&P, and KBRA
Capital Optimization & Transaction Advisory:
Leads analysis and guidance on reinsurance and capital‑impacting initiatives, influencing structure and financial outcomes
Executive Influence & Decision Support:
Translates complex analytics into clear, actionable insights for senior leadership, executive committees, and Board audiences
Cross‑Functional Leadership & Transformation:
Drives alignment across actuarial, FP&A, treasury, and product teams while advancing capital analytics, reporting, and process efficiency

What You Bring:

7-10 years of experience in insurance finance, actuarial, or capital management, preferably within life and annuities
Strong understanding of…