Risk Manager, ALM Credit and Market Risk at Thehartford

You're a seasoned professional with at least five years of experience in investment risk, ideally focused on fixed income. A Bachelor's degree in finance or ano

Work type: hybrid

Location: Hartford, CT

Salary: $112,400 – $168,600/yr

Type: Full-time

Summary

You're a seasoned professional with at least five years of experience in investment risk, ideally focused on fixed income. A Bachelor's degree in finance or another quantitative discipline is required, and a Master's degree, MBA, or actuarial/CFA credentials are a plus. **What makes it worth a look...** The Hartford is offering a Senior-level Risk Manager position in Hartford, CT, with a salary range of $112,400 to $168,600 annually. This hybrid role supports the ALM, Credit and Market Risk team, focusing on crucial investment capital considerations and monitoring the company's exposure to various market risks. **You might be a good fit if you...** * Have experience with investment capital stress testing frameworks and model governance. * Possess strong quantitative and programming skills, including experience with R. * Understand pricing, valuation, and financial/risk management models. * Can analyze and communicate complex financial impacts to diverse stakeholders.

Job Description

Risk Manager - KR07AE

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.

Risk Manager, ALM Credit and Market Risk

The Risk Manager will join the ALM, Credit and Market Risk team and be responsible for assessing investment capital considerations and monitoring The Hartford’s exposure to interest rate, credit, equity, and foreign exchange risks. This role supports effective risk oversight by ensuring investment risk exposures remain within established risk management parameters across varying economic conditions.

The position requires a strong understanding of an insurance company balance sheet and solid knowledge of fixed income and equity asset classes. The Risk Manager will partner closely with Enterprise Risk Management, HIMCO, Treasury, Finance, and the Insurance Businesses to analyze and communicate capital and income considerations under various scenarios. Key responsibilities include maintaining risk models and presenting analytical insights to internal stakeholders.

This position is based in Hartford, CT (Home Office).

Responsibilities:

Own and lead the investment capital stress testing framework, including model governance, assumption oversight, and ongoing enhancements.

Forecast capital impacts under prescribed, market‑driven stress scenarios using multiple rating agency and NAIC frameworks.

Quantify capital sensitivity across GAAP, Statutory, and Economic accounting perspectives under market stress scenarios.

Apply investment and capital markets expertise particularly in fixed‑income securities and derivatives to assess portfolio positioning and risk exposures.

Analyze interest rate, credit spread, and equity stress scenarios and communicate impacts on financial performance.

Assess asset impact under climate stress scenarios through validation of key modeling assumptions.

Lead and mentor one to two analysts while supporting the development and enhancement of risk, capital, and ALM models aligned with enterprise risk management objectives.

Lead risk monitoring and analysis in response to market events, communicating insights to a broad range of stakeholders.

Leverage AI to enhance risk analytics and strengthen stress testing capabilities.

Communicate effectively with Lines of Business, HIMCO, and Corporate Finance, translating analytical results into clear, actionable insights for stakeholders.

Qualifications:

A minimum of five years of professional experience in investment risk role focused on fixed income is ideal. Experience in corporate finance, actuarial, investment, or a related field may also be considered.

Excellent statistical and quantitative background, including programming and modeling skills (e.g., R).

Foundational knowledge of pricing, valuation, financial and risk management models.

Organized and detail oriented with an ability to adjust to multiple projects and shifting priorities.

Excellent communication skills with senior leaders and key business partners including the ability to summarize complex analysis for diverse audiences.

B.A. or B.S. in finance or another quantitative discipline.

Master’s degree in a quantitative discipline, MBA, and/or actuarial credentials or progression toward credentials (ASA, ACAS) and/or a C.F.A. is a plus.

As a condition of your employment for HIMCO, you will be required to affirm to HIMCO’s Code of Ethics and understand that you will be required to comply with the disclosure of accounts, holdings and pre-clearance of trades for the accounts of you and your household family members as more fully described in the Code of Ethics Key Points. If you will be deemed to be a “Covered Associate” under HIMCO’s Pay to Play Policy, you will also need to disclose all political contributions that you have given within the past 2 calendar years.

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$112,400 - $168,600

Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

[About Us](https://www.thehartford.com/about-us) | [Our Culture](https://www.thehartford.com/about-us/corporate-culture) | [What It’s Like to Work Here](https://www.thehartford.com/careers/our-employees) | [Perks & Benefits](https://www.thehartford.com/careers/benefits)

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