Senior Associate, Investments Quality Assurance

Fortitude Reinsurance Company Ltd. (Fortitude Re) is one of the world’s leading providers of legacy reinsurance solutions. They work with the world’s leading insurance companies to help them execute comprehensive, transformational solutions for legacy Life & Annuity and P&C lines. Fortitude Re manages a general account of approximately $111 billion across life, annuity, and property & casualty insurance products. The company takes a long-term view on growth and is proud to be backed by a consortium of sophisticated institutional investors led by The Carlyle Group and T&D Insurance Group. Incorporated under the laws of Bermuda on January 1, 2017, Fortitude Re’s roots in the insurance industry and the experience of their leadership go back many decades. Fortitude Re’s leadership team has an average industry tenure of over 20 years, and an impressive track record of successfully managing the most complex legacy liabilities. Their deep insurance experience and proprietary risk modeling capabilities allow them to structure bespoke transactions that benefit both insurance companies and their policyholders. Fortitude Re continues to strengthen its ability to pursue further growth and provide innovative solutions for the global insurance industry.   Click here for more information about Fortitude Re.

This role will report to the VP, Investments Quality Assurance. The team is responsible for driving projects that encompass multiple functions, including the coordination of the preparation of periodic financial results, expense management, functional excellence and the deployment and maintenance of a well-controlled environment to deliver executional excellence. This role will be an integral part of the Investments team for market linked blocks and other Fortitude Re blocks of business.  This role will be based in our Jersey City, NJ office on a hybrid basis. 

What You Will Do:

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  Support internal and external projects to full, efficient completion, including documentation and improvement of processes.

  
  


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  Support a monthly process to provide financial results for the market-linked blocks of business.

  
  


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  Develop, improve upon, and utilize PowerPoint and Excel tools.

  
  


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  Perform analyses and generate reports using tools like SQL, Power BI and Python.

  
  


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  Peer review tools and report findings to the developing teams.

  
  


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  Support the TPA team in the oversight of FLIAC’s variable insurance block.

  
  


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  Become the subject matter expert for Software Development Life Cycle and the central project management tools.

  
  


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  Take ownership of the work product and foster rich relationships

  
  


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  Liaise with management, internal audit, and other teams, as needed.

  
  


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  Continuously improve efficacy of the team’s processes.

  
  


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  Provide ad hoc management reporting, presentations and analysis, as needed.

  
  

What You Will Have:

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  An undergraduate degree is required. A master’s degree in a finance related subject is a plus.

  
  


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  5 years of experience with life insurance and annuity products.

  
  


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  Strong technical skills in Excel, PowerBI, SQL and/or Python.

  
  


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  Experience with financial analysis and modeling is a plus.

  
  


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  Project management experience.

  
  


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  Demonstrated success working in collaborative teams and in working with cross-functional teams

  
  


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  Entrepreneurial.

  
  


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  Desire to work in a ‘start-up’ environment

  
  


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  Desire to deliver a complete work product

  
  


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  Strong oral and written communication skills

  
  


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  Organized and strong sense of urgency

  
  


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  Highly motivated and results-oriented

  
  


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  Strong analytical skills

  
  


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  Ability to work independently

  
  

The base salary range for this role is listed below and will be commensurate with candidate experience. Pay ranges for candidates may differ based on the cost of labor in that location. In addition to base salary, all employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package.  

Base Salary Range: $120,000 USD - $140,000 USD

At Fortitude Re, our strength has always come from our people. Our success is deeply rooted in our ability to embrace the unique attributes, perspectives and experiences of every individual within our company.  Fostering a culture of inclusion and belonging where everyone—regardless of background, race, religion, sexual orientation or gender identity—feels valued and respected is a foundation of our culture.

We are committed to being an equal opportunity employer and evaluate qualified applicants without regard to race, color, religion, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, diversity of thought and any other characteristic protected by applicable law.

To all recruitment agencies:  Unless you have been requested to work on this position, or other positions with Fortitude Re, please do not forward any resumes to Fortitude Re employees.  Fortitude Re is not responsible for any fees related to unsolicited resumes.

Check us out on YouTube:  About Fortitude Re (youtube.com)