Stonehaven - Director of Credit & Collateral Risk
Core
Director of Credit & Collateral Risk protecting the balance sheet of a specialty insurance fronting carrier by independently approving, monitoring, and securing counterparties.
Role type
Director, Credit & Collateral Risk
Builds
Independent credit risk policy, collateral registers, credit exposure dashboards, and stress scenarios for ORSA.
Domain
Insurance / Reinsurance Security / Counterparty Risk
Required skills
Credit risk management, Reinsurance security, Collateral sizing (letters of credit, trusts), Financial statement analysis, Concentration limit enforcement, Watch list governance, Contract review (credit lens), Regulatory reporting (Schedule F, RBC)
Preferred skills
Actuarial or accounting background, Experience with captives/ILS, Professional designations (CFA, FRM, PRM, CPCU), Risk register/dashboard building
Technologies
None explicitly stated
Responsibilities
Maintain Third-Party Credit Risk Policy, Perform independent due diligence and credit approval for reinsurers/captives/MGAs, Verify collateral and confirm letters of credit, Size and monitor collateral, Enforce concentration limits, Build credit risk registers and dashboards, Run credit stress scenarios, Present status to Risk & Capital Committees, Review material contracts for credit risks
Seniority
Director, hands-on IC
