Associate, Actuarial Applications

Fortitude Re; Jersey City (NJ); Hybrid; USD 125,000 - 150,000; Full time

Benefits offered by this job

Annual bonus based on performance

Generous benefits package

Job summary

A global reinsurance firm is seeking an Associate in Actuarial Applications to enhance applications within their actuarial teams. The role involves developing solutions with Python, optimizing data processes, and working in a hybrid environment from Jersey City, NJ. Candidates should have a degree in Math or Computer Science and at least a year of programming experience, preferably with knowledge of insurance. The firm offers a competitive salary range and a robust benefits package.

Qualifications

• Bachelor's degree in Math, Computer Science or related field.
• Minimum one year of programming experience in Python and SQL.
• Experience with cloud-based solutions in AWS.

Responsibilities

• Support technology initiatives across Actuarial teams.
• Implement Python development and cloud computing solutions.
• Understand and optimize data processing pipelines.
• Test and debug applications.

Skills

Python programming

SQL

Cloud computing (AWS, Azure)

Data analysis

Dashboarding systems (Power BI, Tableau)

Collaboration and independent work

Analytical and problem-solving skills

Verbal and written communication

Education

Bachelor's degree in Math, Computer Science, Engineering or similar field

Tools

Power BI

Tableau

Job description

Fortitude Reinsurance Company Ltd. (Fortitude Re)

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.

Associate, Actuarial Applications

The Associate, Actuarial Applications will support technology initiatives and be responsible for applications across our Actuarial teams. The role is frequently engaged with other senior members of the team to build and deploy solutions to ensure applications are optimized, flows are automated and offer end‑to‑end processing using a cloud‑first enterprise technology stack. This role is based in our Jersey City, NJ office on a hybrid basis.

What You Will Do

• Implement strategic and tactical initiatives related to Python development, cloud computing (AWS and Azure), and applications development.
• Operate in an agile development environment, applying DevOps principles.
• Understand current state data pipelines/processes and contribute to future state optimization.
• Ingest and analyze new/existing data sets and implement end‑to‑end processing.
• Test and debug applications.

What You Will Have

• Bachelor's degree in Math, Computer Science, Engineering or similar field.
• Experience with dashboarding systems (Power BI, Tableau, etc.).
• Domain knowledge of insurance or reinsurance (preferred).
• Minimum one year of programming experience (Python, Julia and/or R) and SQL.
• Experience building cloud‑based data solutions in AWS.
• Ability to collaborate on projects and work independently when required.
• Prior knowledge and experience in the fintech, investment banking or insurance industry.
• Excellent analytical, problem‑solving and conceptual skills.
• Strong verbal and written communication skills.

Base Salary Range

$125,000 USD – $150,000 USD

Benefits

All employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package.

Equal Opportunity Employer

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.

Recruitment Agencies

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.

By submitting your application, you agree that Fortitude Re may collect your personal data for recruiting purposes.