VP, Accounting Policy

fortitudegroupholdingsllc; Nashville (TN); On-site; USD 176,000 - 196,000; Full time

Benefits offered by this job

Annual bonus

Generous benefits package

Job summary

Fortitude Re in Nashville is seeking a VP, Accounting Policy to specialize in technical accounting for complex reinsurance transactions. You will collaborate with various teams to ensure compliance with U.S. GAAP and Bermuda statutory reporting standards.

The ideal candidate has a strong background in reinsurance accounting, with 8+ years of experience, and will be responsible for developing accounting policies, monitoring changes in regulations, and mentoring team members. A competitive salary and bonus structure is offered.

Qualifications

• 8+ years of experience in audit or re/insurance.
• Strong communication skills with a focus on translating technical concepts.
• Ability to exercise sound professional judgment on complex accounting issues.

Responsibilities

• Serve as a technical specialist for complex reinsurance transactions.
• Research and establish accounting policies for reinsurance structures.
• Monitor developments from regulatory bodies impacting accounting policies.

Skills

Complex Reinsurance Accounting

US GAAP

Interdepartmental Collaboration

Analytical Judgment

Education

Bachelor’s Degree in Accounting or Finance

CPA or equivalent designation

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 VP, Accounting Policy serves as the firm‑wide subject matter expert on technical accounting policy for complex reinsurance transactions, with accountability across U.S. GAAP, U.S. Statutory, and Bermuda statutory reporting frameworks. This role partners closely with actuarial, tax, legal, investments, and financial reporting teams to evaluate, structure, and account for new transactions, ensuring accounting outcomes are technically sound, well‑documented, and defensible.

The role requires deep expertise in insurance and reinsurance accounting (ASC 944), understanding of how investment portfolios support insurance liabilities, and the ability to exercise professional judgment on complex and evolving issues. The VP, Accounting Policy reports to the SVP, Head of Accounting Policy.

What You Will Do:

• Serve as the technical specialist for complex reinsurance transactions and policy interpretations, with specific expertise in ASC 944, Financial Services – Insurance.
• Research, interpret, and establish accounting policies for complex reinsurance structures and emerging transactions, ensuring consistency, accuracy, and audit defensibility.
• In close collaboration with actuarial, tax, and financial reporting teams, research, analyze, and prepare accounting policies in relation to U.S. GAAP, SEC, U.S. Statutory and Bermuda statutory and Economic Balance Sheet (EBS) accounting and reporting guidance relevant to reinsurance, insurance and other emerging issues.
• Provide technical accounting guidance that informs transaction structuring and execution.
• Monitor, analyze, and document developments (including new standards) from the FASB, SEC, NAIC and BMA that could impact the Company’s accounting policies, practices, and disclosures.
• Lead the design and documentation of financial processes and controls to promote compliance with the Company’s internal control program, with a specific focus on technical accounting matters.
• Act as a trusted advisor to internal stakeholders, providing timely guidance on accounting policy implications to support corporate development and strategic initiatives, including but not limited to reinsurance transactions.
• Provide coaching, training, and technical guidance to accounting and finance team members as needed.
• Support additional accounting policy initiatives and responsibilities as assigned.

What You Will Have:

• Bachelor’s Degree in accounting, finance or related discipline.
• CPA, CA, or equivalent internationally recognized accounting designation.
• 8+ years of progressive experience working within audit, within re/insurance or financial services; Big 4 experience strongly preferred.
• Experience in US GAAP, SEC reporting – required.
• Experience with US STAT (NAIC) or financial reporting overseen by the Bermuda Monetary Authority (BMA) – preferred.
• Experience with long duration reinsurance accounting (ASC 944), along with general understanding of interaction between reinsurance liabilities and related portfolio assets.
• Hands‑on experience with complex reinsurance structures, including the related accounting implications of coinsurance, funds withheld and modified coinsurance structures.
• Demonstrated ability to exercise sound professional judgment on complex accounting matters and communicate conclusions clearly to senior stakeholders.
• Proven ability to collaborate effectively with different teams, including actuarial (pricing, valuation), tax, and legal. Experience advising senior leaders and influencing cross‑functional outcomes.
• Strong written and verbal communication skills, with the ability to translate technical concepts into clear, actionable guidance.
• Ability to manage multiple priorities in a fast‑paced environment while maintaining high standards of quality and accuracy.
• Strong analytical judgement with the ability to synthesize complex issues into clear, defensible conclusions.
• Supports our core values by communicating and teaming effectively across different cultures and levels within the organization.

Base Salary Range: $176,000—$196,000 USD (commensurate with experience). All employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package.

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.

By submitting your application, you agree that Fortitude Re may collect your personal data for recruiting purposes. For more on how we handle your personal data, please review our Applicant Privacy Notice.