Senior Capital Management Analyst

Overview

At Banner Life Insurance Company, we lead with heart and ambition. Every day, we transform purpose into progress, guided by our unwavering commitment to be better for our customers, clients, and communities, not just today but long‑term as well. Our people are the driving force behind everything we achieve. Their passion, purpose, and pursuit of innovation empower us to deliver cutting‑edge solutions that support those we serve, ensuring we are here for you, here for good and striving for better. We’re a forward‑thinking company energized by our work and how we show up for one another. Our culture is built on meaningful impact and genuine enjoyment, because we believe great work and great experiences should go hand in hand. By offering career development opportunities, comprehensive benefits, and programs that support your wellbeing, we help you thrive personally and professionally. We are here for you, here for good and here for better. The Senior Capital Management Analyst supports the Company's Capital Management function, which is responsible for developing and executing the Company's approach for raising the capital resources it needs to execute its go‑to‑market strategy while at the same time managing within its risk appetite. This role will provide analytical, operational, and project support for capital management and strategic initiatives; treaty compliance, administration, and analysis; and financial risk management. Success in this role will require strong research, analysis, and presentation (verbal and written) skills; program/project management skills; and the ability to work constructively with colleagues and external parties. This role leverages knowledge of the US life insurance industry including capital sources and solutions (including financial reinsurance, surplus notes, sidecars, debt financing, lines of credit); and applies knowledge of regulatory and accounting regimes (including US Statutory Accounting ("US Stat"), Bermuda Economic Balance Sheet ("EBS"), and IFRS 17 and US GAAP) to inform strategic decision‑making and optimize capital management.

Responsibilities

Capital Management and Strategic Initiatives

• Support the execution of capital management and strategic initiatives, including project management and process documentation activities.
• Develop and deliver technical papers, committee reports, and board reports associated with the Capital Management function.
• Conduct in-depth research and financial analysis on capital management strategies, market trends, and industry/competitor performance (including ad hoc special research projects).

Treaty Compliance, Administration, And Analysis

• Oversee compliance with inforce transaction requirements, ensuring adherence to treaty terms and proactively mitigating operational and financial risk.
• Lead treaty delivery administration requirements, ensuring timely and accurate execution of deliverables and alignment with contractual obligations.
• Evaluate inforce transactions performance against expectations, providing insights, identifying variances, and recommend enhancements to improve financial outcomes and operational effectiveness.

Financial Risk Management