AVP, Capital Strategy & Transformational Projects

Fortitude Re; Nashville (TN); On-site; USD 160,000 - 180,000; Full time

Job summary

Fortitude Reinsurance Company Ltd. is seeking an AVP, Capital Management Strategic Projects to join the Capital Management team.

The role focuses on strategic initiatives across capital management, reporting, and regulatory alignment, collaborating with actuarial, finance, investments, and pricing teams. The ideal candidate brings 8+ years in insurance valuation or capital management and strong AXIS proficiency, with a Bachelor’s degree in actuarial science or related fields.

Qualifications

• 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.
• Working 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 working 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, business intelligence tools.
• Strong analytical skills and ability to adopt a creative approach to solving complex process problems.
• Ability to manage multiple work assignments and meet time commitments.
• Strong oral and written communication skills.

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, evaluating and implementing changes to the regulatory regime, and leading internal capital model development.
• Implement transformations within capital management across all functional areas to improve system and modeling capabilities and deliver reporting timeline efficiencies.
• Support model validation and governance efforts to ensure robust control framework, transparency and documentation of critical models within capital management function.
• Support company growth initiatives by evaluating new business including reinsurance and acquisition to ensure capital is appropriately valued with respect to pricing standards and inforce reporting.
• Support efforts for new business across all capital management functions to ensure successful transition from pricing to inforce reporting.
• Collaborate with ALM team on asset deliverables.

Job description

Fortitude Reinsurance Company Ltd. is seeking an AVP, Capital Management Strategic Projects to join the Capital Management team.

The role focuses on strategic initiatives across capital management, reporting, and regulatory alignment, collaborating with actuarial, finance, investments, and pricing teams. The ideal candidate brings 8+ years in insurance valuation or capital management and strong AXIS proficiency, with a Bachelor’s degree in actuarial science or related fields.