Executive Director, Risk Management - Life Insurance

USAA
Plano, San Antonio, Charlotte
Workplace: HybridFull timeUSD 169,880 - 305,780 annuallyFunction: Insurance & ActuarialExperience: 10+ yearsEducation: bachelorsSkills: ["Leadership","Risk governance","Strategic thinking","Analytical problem-solving","Communication"]

Lead LifeCo’s strategic risk functions by building and modernizing a business-aligned risk management framework for risk programs, operational risk, and model risk. Oversee a growing Data & AI Risk function and establish practical governance for AI models, data quality, and emerging technology risks. Partner with senior business leaders, compliance, and first-line stakeholders to strengthen controls, challenge variances, and ensure safety and soundness across the Life Insurance business while enabling responsible innovation.

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FursaFursa
USAA
USAA
1 day ago

Executive Director, Risk Management - Life Insurance

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Last checked: 6 hours agoStatus: Live

Job Summary

Lead LifeCo’s strategic risk functions by building and modernizing a business-aligned risk management framework for risk programs, operational risk, and model risk. Oversee a growing Data & AI Risk function and establish practical governance for AI models, data quality, and emerging technology risks. Partner with senior business leaders, compliance, and first-line stakeholders to strengthen controls, challenge variances, and ensure safety and soundness across the Life Insurance business while enabling responsible innovation.
Location: Plano, San Antonio, Charlotte
Workplace: Hybrid
Employment Type: Full time
Job Function: Insurance & Actuarial
Seniority: Director level

Key Responsibilities

  • •Report to the VP and Chief Risk Officer of USAA Life Insurance Company and lead key strategic risk functions as part of the LifeCo Risk Leadership Team.
  • •Establish and modernize risk management frameworks across risk programs, operational risk management, and model risk management.
  • •Oversee governance and oversight for AI-enabled capabilities, including testing, monitoring, and appropriately calibrated AI model governance.
  • •Partner with first-line business leaders to identify where controls should be strengthened or simplified and to ensure risks stay aligned with risk appetite and strategic goals.
  • •Lead and develop a team dedicated to risk governance, training, coaching, and effective risk oversight.

Pay and Benefits

Salary: USD 169,880 - 305,780 annually
Perks:Health InsuranceDentalVision401kPensionLife InsurancePaid LeaveParental LeaveAdoption Assistance

Key Requirements

  • •Bachelor’s degree, or 4 years of relevant education and/or experience.
  • •10+ years of related business/risk experience delivering results in a large financial institution or professional business services environment.
  • •4 years of people leadership experience building, managing, and/or developing high-performing teams.
  • •Enterprise-wide risk management experience that adheres to regulatory requirements and expectations.
  • •Deep knowledge of life insurance regulatory risk frameworks, including NAIC risk management and solvency frameworks (e.g., ORSA) and model risk governance.
Experience:10+ yearsLife insuranceFinancial servicesEnterprise risk managementOperational riskModel riskData governanceRegulatory compliance
Education:Bachelor's
Skills:LeadershipRisk governanceStrategic thinkingAnalytical problem-solvingCommunication
Tech Stack:Artificial intelligenceAI modelsAdvanced analyticsEnterprise dataData qualityModel risk governance

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

USAA
Provides insurance, banking, investment, and financial services to U.S. military members, veterans, and their families. Best known for auto, home, life insurance, and member-focused digital banking products.
Industry: Insurance
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Established Company
Headquarters: San Antonio, United States
Founded: 1922
WebsiteLinkedIn