Fortitude Re
Fortitude Reinsurance Company Ltd. (Fortitude Re) is one of the worlds leading providers of legacy reinsurance solutions. They work with the worlds 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 Res roots in the insurance industry and the experience of their leadership go back many decades. Fortitude Res 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.
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here
for more information about Fortitude Re. The Analyst, ADP will be a member of the Fortitude Re Life, Casualty, or Capital Management Actuarial Team. They will assist the Fortitude Re Actuarial team in performing Valuation, Financial Reporting, Modeling, Experience Studies, Assumptions, Capital Management, Inforce Management and/or Pricing activities. This candidate will participate in the Actuarial Development Program (ADP) which provides support in passing actuarial exams.
What You Will Do:
You will assist your business unit depending on your assigned team. Your responsibilities will include assisting on any of the following:
Periodic US GAAP, Statutory, and Tax valuations
Analysis and preparation of financial results
Building, maintenance and execution of models
Coding and testing of programs, processes and models
Ensuring that all work aligns with the Fortitude Re Control Framework
Technical reviews of work done by other teams or colleagues
Process improvement efforts and automation
Responding to internal and external auditor requests
Ad hoc project work
Analysis of hedging strategy and ALM strategy development, in coordination with risk management and the investments hedging team
Continue to pass actuarial exams and modules to maintain status in the Fortitude Re ADP to earn your Associateship or Fellowship
What You Will Have:
A Bachelors degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field, and:
Passed at least 2 Actuarial Exams, preferred
Proficient with Excel; exposure to data analytics software and programming will be very useful
Ability to learn the tools relevant to work which may include AXIS, PowerBI, R, Python, Alteryx, Julia, Tableau or others
Ability to assist on multiple?work assignments and meet time commitments
Ability to work well both independently and with others
Highly motivated, inquisitive and results oriented
The desire and ability to deliver accurate and completed work products
Strong oral and written communication skills
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
$70,000
—
$80,000 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 everyoneregardless of background, race, religion, sexual orientation or gender identityfeels 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)
By submitting your application, you
agree that Fortitude Re may collect your personal data for recruiting purposes.
Click
here
for more information about Fortitude Re. The Analyst, ADP will be a member of the Fortitude Re Life, Casualty, or Capital Management Actuarial Team. They will assist the Fortitude Re Actuarial team in performing Valuation, Financial Reporting, Modeling, Experience Studies, Assumptions, Capital Management, Inforce Management and/or Pricing activities. This candidate will participate in the Actuarial Development Program (ADP) which provides support in passing actuarial exams.
What You Will Do:
You will assist your business unit depending on your assigned team. Your responsibilities will include assisting on any of the following:
Periodic US GAAP, Statutory, and Tax valuations
Analysis and preparation of financial results
Building, maintenance and execution of models
Coding and testing of programs, processes and models
Ensuring that all work aligns with the Fortitude Re Control Framework
Technical reviews of work done by other teams or colleagues
Process improvement efforts and automation
Responding to internal and external auditor requests
Ad hoc project work
Analysis of hedging strategy and ALM strategy development, in coordination with risk management and the investments hedging team
Continue to pass actuarial exams and modules to maintain status in the Fortitude Re ADP to earn your Associateship or Fellowship
What You Will Have:
A Bachelors degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field, and:
Passed at least 2 Actuarial Exams, preferred
Proficient with Excel; exposure to data analytics software and programming will be very useful
Ability to learn the tools relevant to work which may include AXIS, PowerBI, R, Python, Alteryx, Julia, Tableau or others
Ability to assist on multiple?work assignments and meet time commitments
Ability to work well both independently and with others
Highly motivated, inquisitive and results oriented
The desire and ability to deliver accurate and completed work products
Strong oral and written communication skills
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
$70,000
—
$80,000 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 everyoneregardless of background, race, religion, sexual orientation or gender identityfeels 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)
By submitting your application, you
agree that Fortitude Re may collect your personal data for recruiting purposes.