Job description
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.
The Assistant Vice President (AVP), Finance Operations will play a key role in directing and coordinating enterprise-wide financial processes to promote consistency, efficiency, and operational excellence across all regions. This includes execution of the financial audit plan, including managing coordination with external auditors, and aligning agendas for the audit committee and internal management. The AVP will ensure a comprehensive view of our enterprise financial processes. The AVP will also serve as content developer and be responsible for planning and executing on key finance-wide engagements, including leadership team staff meetings, quarterly Town Hall meetings, and periodic team off sites. The role will also require strong collaboration with the Data & Analytics team and other Finance functions to ensure well-integrated, effective, and data-driven financial operations. This position reports to the Head of Finance Operations.
What You Will Do:
Finance Process Strategic Ownership:
Work closely with the Head of Finance Operations to develop and execute strategic initiatives to accelerate financial deliverables, ensuring timely and accurate reporting.
Manage the finance strategic management system to ensure alignment with organizational goals and objectives.
Program Management of Finance Activities:
Assist in managing the end-to-end program oversight of all finance activities, including maintaining a comprehensive finance calendar and regularly communicating progress against key milestones.
Communicate upcoming deliverables proactively, address and resolve issues, and ensure all finance processes are well-documented.
Manage projects across Finance, developing execution plans and driving to completion.
Support planning of quarterly offsite meetings with the leadership team to recalibrate the strategic plan as needed.
Collaborate with business leaders to develop weekly staff meeting agenda based on organizational priorities, document follow up items, track and drive items to closure.
Communication and Collaboration:
Work closely with the Data & Analytics and other Finance teams to identify opportunities for process improvements and automation opportunities.
Develop high-quality executive communications & presentations, helping to communicate the value and vision of the Finance enterprise, for internal and external purposes (i.e., company/executive level, investor, board, and audit committee presentations, etc.).
Support the preparation of monthly reports for audit and board meetings.
Maintain and regularly update content across internal and intranet platforms for the Finance team to ensure accuracy and relevance.
Engage and coordinate with key finance and business stakeholders to raise issues and ensure consistent messaging across the organization.
Audit Coordination:
Support development and coordination of a comprehensive audit plan and coordinate materials for the audit committee and internal management.
Work closely with the Head of Finance Operations to act as primary liaisons with PwC, ensuring effective collaboration and alignment on audit activities.
What You Will Have:
Bachelor’s degree in Finance, Business, or Accounting preferred; Operations or Project Management a plus.
Six (6)+ years of professional experience in insurance or financial services industry.
Strong knowledge of (re)insurance or other financial markets.
Knowledge of audit processes and regulatory compliance.
Exceptional written and verbal communication skills as someone who interacts with team members across all levels of the organization.
Strong analytical and problem-solving skills, including an ability to find and implement solutions to improve the organization.
Highly organized, detailed oriented with outstanding organizational and planning abilities.
Strong project management skills with an ability to juggle multiple priorities with competing deadlines in a fast-paced environment.
Experience in a fast-paced, high-growth organization preferred.
Strong collaborator with a proven ability to build relationships and trust amongst team members.
Skilled in PowerPoint, Word, Excel, and other office applications.
#LI-Remote
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—$160,000 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.
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