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 entitiesLead quarterly and annual RBC analytics, including variance analysis, trend reporting, and key drivers of capital movementEnsure 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 scenariosLead sensitivity and stress testing to evaluate the impact of investment strategies, business growth, and market conditionsProvide 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 reviewsSupport 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 strategiesPartner with actuarial, finance, and reinsurance teams to evaluate transaction impacts on capital, earnings, and ratingsSupport 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 initiativesProvide 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 risksSupport development of materials for executive committees and Board-level discussionsTranslate complex capital concepts into clear, actionable insights for non-technical stakeholders
Process Improvement & Team Development
Drive enhancements to capital analytics, modeling capabilities, and reporting processesImprove efficiency, automation, and governance of capital-related workflowsSupport 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 entitiesAdvanced Capital Modeling & Analytics: Oversees development and application of capital models, including scenario analysis and stress testing to inform strategic decisionsRating Agency Strategy & Engagement: Plays a key role in shaping analytical positioning and supporting interactions with AM Best, S&P, and KBRACapital Optimization & Transaction Advisory: Leads analysis and guidance on reinsurance and capital‑impacting initiatives, influencing structure and financial outcomesExecutive Influence & Decision Support: Translates complex analytics into clear, actionable insights for senior leadership, executive committees, and Board audiencesCross‑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 annuitiesStrong understanding of statutory accounting (SAP) and NAIC RBC frameworkProven experience building and maintaining capital models, including scenario and sensitivity analysisFamiliarity with rating agency capital frameworks (e.g., AM Best BCAR, S&P capital model) and regulatory capital requirementsWorking knowledge of reinsurance structures and their impact on capital and financial resultsAdvanced Excel/modeling capabilities; ability to synthesize complex data into clear insights and recommendationsStrong ability to communicate technical concepts clearly and partner effectively across functionsProgress toward or attainment of FSA, CFA, or similar designation; MBA is a plus
What We Offer:
A collaborative, inclusive environment that values authenticity, accountability, and partnershipThe opportunity to join the company at an exciting stage of growth, where colleagues are empowered to build what's nextA variable compensation package with a base range of $170K-$210KA competitive benefits package including comprehensive medical, dental, and vision coverage; an HSA and 401(k) company match; paid time off; and employer-paid life and disability insuranceHybrid work arrangement: this role is ideally based in one of our main offices (New York, Austin or Miami) but flexible arrangements (including remote work) may be considered for the right candidate.
At Prosperity, we are committed to equal employment opportunity and encourage people from all backgrounds to apply. We make hiring decisions based on merit and do not discriminate on the basis of race, religion, color, national origin, gender identity, sexual orientation, age, disability, or any other protected status.
We strive for a meaningful interview experience for all candidates. If you need an adjustment or accommodation due to a disability or medical condition during the hiring process, please let your recruiter know.