AVP, Capital Strategy & Transformation

Socotra, Inc.; Nashville (TN); On-site; USD 190,000 - 210,000; Full time

Job summary

Fortitude Reinsurance Company Ltd. Fortitude Re is a leading provider of legacy reinsurance solutions with a global footprint.

The AVP, Capital Management Strategic Projects will join the Capital Management team to drive strategic initiatives across capital management and reporting, partnering with actuarial, finance, investments and pricing functions. The role focuses on capital optimization, regulatory programs in Bermuda and the US, model governance and reporting efficiency, and potential

Qualifications

• 7+ years post-ASA experience or fellowship with extensive actuarial background.
• 8+ years of insurance experience, focusing on valuation, modeling or capital management.
• Working knowledge of regulatory capital frameworks (US RBC, Bermuda EBS, Solvency II) and capital rating agency metrics.
• Undergraduate degree in actuarial science, math, econ or related field.
• Experience with AXIS or similar actuarial projection software.
• Experience with financial analysis of income statements, balance sheets and capital projections.
• Experience with actuarial projection or valuation software and BI tools.
• Strong analytical and communication skills; ability to manage multiple priorities.

Responsibilities

• Support capital optimization across entities and regulatory regimes.
• Support Bermuda regulatory initiatives including production processes for group supervision.
• Implement transformations within capital management to improve systems and reporting timelines.
• Support model validation and governance to ensure robust control and documentation.
• Support growth initiatives evaluating new business, reinsurance, and acquisitions.
• Assist in transitions from pricing to inforce reporting across capital functions.
• Collaborate with ALM team on asset deliverables.

Skills

Actuarial experience

Regulatory knowledge

Analytical skills

Education

Fellow of the Society of Actuaries or Institute of Actuaries or ASA (7+ years post ASA)

Tools

AXIS or actuarial projection software

Job description

Fortitude Reinsurance Company Ltd. Fortitude Re is a leading provider of legacy reinsurance solutions with a global footprint.

The AVP, Capital Management Strategic Projects will join the Capital Management team to drive strategic initiatives across capital management and reporting, partnering with actuarial, finance, investments and pricing functions. The role focuses on capital optimization, regulatory programs in Bermuda and the US, model governance and reporting efficiency, and potential