AVP, Capital Strategy & Transformational Projects

Socotra, Inc.; Nashville (TN); On-site; USD 120,000 - 190,000; Full time

Job summary

Fortitude Reinsurance Company Ltd. (Fortitude Re) seeks an AVP, Capital Management Strategic Projects to join its Capital Management team. You will focus on strategic initiatives across capital management and reporting, coordinating with actuarial, finance, investments, and pricing teams.

The role reports to the VP, Capital Management Strategic Projects. The position emphasizes capital optimization, Bermuda regulatory initiatives, internal model development, and transforming capital management

Qualifications

• A Fellow of the Society of Actuaries or Institute of Actuaries or ASA with 7+ years of experience post-ASA.
• 8+ years of insurance experience, with focus on valuation, modeling or capital management.
• Knowledge of regulatory capital (US RBC, Bermuda EBS, Solvency II) and rating agency capital (Fitch Prism, AM Best BCAR).
• Undergraduate degree in actuarial science, mathematics, economics, or related fields.
• Significant experience with AXIS or similar actuarial projection software.
• Experience with financial analysis of income statement, balance sheet and capital projections.
• Experience with actuarial projection or valuation software, database applications, BI tools.
• Strong analytical skills and ability to adopt a creative approach to solving complex problems.

Responsibilities

• Support capital optimization efforts across entities and regulatory regimes, including economic framework and internal model initiatives.
• Support Bermuda regulatory initiatives including establishing production processes for group supervision and internal capital model development.
• Implement transformations within capital management to improve system and modeling capabilities and reporting timelines.
• Support model validation and governance to ensure robust control framework and documentation of models.
• Support growth initiatives by evaluating new business, including reinsurance and acquisitions with proper pricing and in-force reporting.
• Support new business across capital management functions to ensure transition from pricing to in-force reporting.
• Collaborate with ALM team on asset deliverables.

Skills

Strong communication

Analytical skills

Project management

Creative problem solving

Multi-tasking

Education

Undergraduate degree in actuarial science, mathematics, economics, or related fields

Tools

AXIS

Job description

Fortitude Reinsurance Company Ltd. (Fortitude Re) seeks an AVP, Capital Management Strategic Projects to join its Capital Management team. You will focus on strategic initiatives across capital management and reporting, coordinating with actuarial, finance, investments, and pricing teams.

The role reports to the VP, Capital Management Strategic Projects. The position emphasizes capital optimization, Bermuda regulatory initiatives, internal model development, and transforming capital management