Financial & Actuarial Risk Officer

The Financial/Actuarial Risk Officer will ensure TIAA’s actuarial and insurance risks are effectively managed, through robust risk management controls and frameworks aligned to our insurance and annuity liabilities, evolving business strategy and operating environment.  As a senior level professional within the Actuarial & Financial Risk Management team, this role provides independent risk oversight and review across a broad range of actuarial and financial disciplines.
Key Responsibilities and Duties
Lead independent review and challenge of interest rate sensitivity analyses, duration and convexity metrics, and liability-driven investment strategies across a range of economic and market scenarios, with a focus on the long-duration, annuity-linked nature of TIAA's balance sheet.
Review and evaluate internally developed ALM and Economic Capital models, including cash flow projections in support of ALM oversight, financial planning, and scenario/stress testing analyses; producing documented findings and actionable recommendations for senior leadership.
Partner with Actuarial Services, the General Account Office, and Financial Risk teams to align ALM methodologies, Embedded Value and enforce profitability metrics, and perform financial risk reviews on strategic transactions (e.g. reinsurance, M&A) or large transformation initiatives
Support the review of product financial risk, including insurance product pricing and reserving assumptions.
Contribute to risk reporting on ALM positioning, product financial risk, and liability product performance for internal governance committees and regulators.
Educational Requirements
University (Degree) Preferred
Work Experience
5+ Years Required; 7+ Years Preferred
Physical Requirements
Physical Requirements: Sedentary Work
Career Level
9IC
Success in this role is driven by the ability to:
Highly motivated team player who can proactively collaborate with other teams in Risk & Compliance as well as in the business lines
Inform and influence others appropriately, clearly and on a timely basis
Adapt and thrive in complex, uncertain and changing situations
Listen actively, and challenge yourself and others to think about all angles of the issue
Quickly build knowledge in unfamiliar topics and apply it to the work
Demonstrate curiosity across a broad range of business issues
Required Qualifications:
5+ years actuarial and/or quantitative risk management experience
Demonstrated experience with Asset Liability Management concepts and models, including interest rate risk, duration management, and liability cash flow analysis
Demonstrated analytical and problem-solving skills, including ability to drill down on details, perform analyses, resolve issues and distill findings into a concise summary of key conclusions and recommendations
Excellent communication skills, both verbal and written
Preferred Qualifications :
7+ years of actuarial and/or quantitative risk management experience in a life insurance and annuity context
Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, Finance, or Financial Engineering
ASA (Associate of the Society of Actuaries) or FSA (Fellow of the Society of Actuaries) highly preferred
Understanding of ALM, strategic asset allocation, and interest rate risk management for life insurance and annuity products
Familiarity with insurance product pricing, reserving, or reinsurance in a life insurance or annuity context
Experience working within or in close partnership with an actuarial function at an insurance company or financial services firm
Proficient in Microsoft applications, actuarial projection or pricing systems
Related Skills
Analytical Skills, Collaboration, Communication, Critical Thinking, Executive Presence, Financial Acumen, Financial Analysis, Financial Risk Management, Relationship Management, Risk Analysis/Analytics, Risk Mitigation, Strategic Thinking, TIAA Products/Services Acumen
Anticipated Posting End Date:
2026-10-30
Base Pay Range: $164,000/yr - $259,000/yr
Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location.  In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).
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Company Overview
Every worker deserves a secure retirement. For more than 100 years, TIAA has delivered it for millions of people. Founded to help educators retire with dignity, today weʼre a market-leading retirement company fueled by world-class asset management. But weʼre not just another legacy financial services firm. Weʼre fighting harder than ever before for our clients and the many Americans who need us.
Our Culture of Impact
At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways—because when our people succeed, our impact on clients' lives grows stronger.
Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our
Benefits Summary
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Equal Opportunity
We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.
Our full EEO & Non-Discrimination statement is on our
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here
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Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities. If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team: Phone: (800) 842-2755 Email: accessibility.support@tiaa.org Drug and Smoking Policy TIAA maintains a drug-free and smoke/free workplace. Privacy Notices

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