Senior Director, Insurance Credit Risk Management

A leading mortgage insurance provider is seeking a Senior Director of Credit Insurance Risk Management to lead the development and oversight of the risk management framework for a global credit (re)insurance business unit. This role focuses on identifying, assessing, and mitigating risks related to portfolio performance across the organization.

Key Responsibilities

• Design and implement credit (re)insurance risk management frameworks, policies, and procedures.
• Develop quantitative measures and key risk indicators (KRIs) for credit risk.
• Identify, assess, and monitor credit risks across business units.
• Establish insurance risk appetite and limits.
• Conduct scenario analysis and stress testing.
• Collaborate on risk mitigation strategies, including credit risk transfer and loss forecasting.
• Ensure compliance with global regulatory standards and industry best practices.
• Lead and manage a team of risk professionals.
• Present risk reports to senior leadership, board members, and regulators.
• Stay informed on emerging credit risks and industry trends.

Qualifications

• Bachelor's degree in Risk Management, Finance, Business Administration, Actuarial Science, or related field.
• Minimum 10 years of experience in credit risk management, ideally within insurance or reinsurance.
• Strong understanding of regulatory frameworks and risk management practices.
• Proven leadership and team management skills.
• Excellent analytical and decision-making abilities.
• Effective communication and presentation skills.
• Proficiency in risk management tools and software.