Together we fight for everyone's opportunity for a better financial future. We will do this together - with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone's access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today. Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with - and those we acquire throughout our lives - are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision. Are you ready to join a company with a strong purpose and a winning culture? Start your Voyage - Apply Now Job Description Voya, Financial is a leading provider of health solutions, wealth solutions, and investment management services, committed to delivering exceptional value to our clients. With a workforce of approximately 7,000 employees, we prioritize fostering a performance-based, positive, and growth-minded workplace culture. Voya's Health Solutions business is dedicated to providing innovative health solutions that empower individuals and organizations. As a risk leader for Health Solutions, you will focus on delivering comprehensive risk management strategies that enhance our health benefits offerings, including stop-loss insurance, supplemental health, Health Savings/ Flexible Spending Accounts (HSAs), Flexible Spending Accounts (FSAs), group insurance, and voluntary benefits to name a few. Voya's VP of Risk for Health Solutions will be a strategic leader, who is highly skilled and who owns the oversight for all aspects of financial, non-financial, and operational risk associated with our health solutions portfolio. The ideal candidate will possess strong analytical skills, a proven track record in risk management, and a deep understanding of the health insurance landscape. Key Responsibilities: Risk Management Strategy: Develop and implement comprehensive risk management strategies that guide and advise our business on financial and operational risks across our health solutions, including stop-loss, supplemental health, HSA, FSA, group, and voluntary products. Financial Oversight: Monitor and analyze financial risks related to our health offerings, ensuring sustainability and profitability. Collaborate with finance teams to assess risk exposure and develop mitigation strategies. Operational Excellence: Identify and manage operational risks associated with health solutions, ensuring compliance with regulatory requirements and industry standards. Enhance processes to improve efficiency and reduce potential risks. Stay informed and apprise business on industry news. Business Development Support: Work closely with business development teams to identify and evaluate new opportunities, ensuring potential risks are assessed and managed effectively. Stakeholder Engagement: Build and maintain strong relationships with internal and external stakeholders, including clients, regulatory bodies, and industry partners, to promote a culture of risk awareness and best practices. Team Leadership: Lead, manage, and mentor a team of risk management professionals, fostering a collaborative environment focused on continuous improvement and professional development. Reporting and Analysis: Prepare and present risk assessment reports to senior leadership and the Board, highlighting key findings and recommendations for risk mitigation. Qualifications: * Bachelor's degree in finance, Business Administration, Risk Management, or a related field; Master's degree or professional certifications (e.g., FRM, PRM) preferred. * 10+ years of experience in risk management with at least 5 years in the health insurance or financial services industry, with a focus on health solutions. * Strong understanding of financial, operational, and compliance risk management principles, particularly in the context of health insurance products. * Proven track record of developing and implementing risk management strategies that drive business success. * Excellent analytical, problem-solving, and decision-making skills. * Strong leadership and interpersonal skills with the ability to influence and collaborate across all levels of the organization. * Exceptional communication skills, both written and verbal, with the ability to present complex information clearly to diverse audiences. When considering the top traits for a business risk leader, the following three stand out as essential for effectively navigating the complex landscape of risk management: Strategic Thinking: A business risk leader must possess the ability to think critically and strategically about risk in relation to the overall business objectives. This involves understanding the organization's goals, identifying potential risks that could impact those goals, and developing comprehensive strategies to mitigate those risks while seizing opportunities for growth. Strong Communication Skills: Effective communication is crucial for a risk leader to articulate risks and their implications to various stakeholders, including executive leadership, employees, and regulatory bodies. This includes the ability to present complex risk data in an understandable way, facilitate discussions around risk tolerance, and foster a culture of risk awareness throughout the organization. A risk leader, while being a partner to the business, must be influential and assertive when moderate to high risks have the potential to exist. Analytical Proficiency: A successful risk leader should have a strong analytical mindset, capable of interpreting data and trends to assess risk accurately. This includes leveraging quantitative and qualitative analysis to identify vulnerabilities, evaluate the potential impact of risks, and make data-driven decisions that enhance the organization's resilience. #LI-JS1 Compensation Pay Disclosure: Voya is committed to pay that's fair and equitable, which means comparable pay for comparable roles and responsibilities. The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting. Actual compensation offered may vary from the posted salary range based upon the candidate's geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked. $145,470 - $192,590 USD Be Well. Stay Well. Voya provides the resources that can make a difference in your lives. To us, this means thriving physically, financially, socially and emotionally. Voya benefits are designed to help you do just that. That's why we offer an array of plans, programs, tools and resources with one goal in mind: To help you and your family be well and stay well. What We Offer * Health, dental, vision and life insurance plans * 401(k) Savings plan - with generous company matching contributions (up to 6%) * Voya Retirement Plan - employer paid cash balance retirement plan (4%) * Tuition reimbursement up to $5,250/year * Paid time off - including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day. * Paid volunteer time - 40 hours per calendar year Learn more about Voya benefits (download PDF) Critical Skills At Voya, we have identified the following critical skills which are key to success in our culture: * Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations. * Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution. * Team Mentality: Partnering effectively to drive our culture and execute on our common goals. * Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions. * Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage. Learn more about Critical Skills Equal Employment Opportunity Voya Financial is an equal-opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law. Reasonable Accommodations Voya is committed to the inclusion of all qualified individuals. As part of this commitment, Voya will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please reference resources for applicants with disabilities. Misuse of Voya's name in fraud schemes