VP, Finance Business Partner

Fortitude Re

Jersey City (NJ)

Hybrid

USD 180,000 - 280,000

Full time

10 days ago

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Job summary

Fortitude Reinsurance Company Ltd. in Jersey City seeks a Vice President, Finance Business Partner to lead finance operations for multiple functions. You will partner with COOs, CFO, and General Counsel to drive performance and regulatory compliance in a hybrid setting.

The role requires 10+ years in senior financial leadership within re/insurance, with strong analytical, planning and communication skills. A strategic thinker who can mentor teams is essential.

Qualifications

  • Bachelor degree in finance, accounting or related field; MBA/CFA preferred.
  • 10+ years in senior financial leadership within re/insurance.
  • Strong knowledge of regulatory, accounting and investment practices.
  • Excellent verbal, written and presentation skills.

Responsibilities

  • Provide strategic financial leadership across multiple functions including operations and governance.
  • Partner with segments to deliver reporting and performance insights.
  • Ensure regulatory compliance and accurate financial reporting.
  • Monitor financial performance and drive KPIs for growth and profitability.
  • Lead and mentor a high-performing finance team.

Skills

Financial leadership
Regulatory knowledge
Strategic planning
Stakeholder communication
Team leadership

Education

Bachelor's degree in Finance/Accounting
MBA/CFA preferred

Tools

Financial modeling
ERP systems
Regulatory reporting

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 moreinformation about Fortitude Re.

The Vice President, Finance Business Partner is a strategic leadership role responsible for overseeing the finance operations of the Legal & Compliance, People & Culture, Finance, Growth and Risk and Operations functions within a multi-line reinsurance company. This leadership role requires a broad understanding of Information Technology, Finance, Facilities and Administration, Operations, Legal and People & Culture as it relates to a reinsurance entity. The successful candidate will work closely with the Chief Operations Officer, Chief Finance Officer, General Counsel and Chief People Officer to drive financial performance and support strategic decision-making. Additionally, the role will serve as a conduit between finance and Operations, Legal & Compliance, People and Culture, presenting to business leaders and executive leadership on investment activities impacting the broader organization. This role will be based in our Jersey City, NJ office on a hybrid basis.

What You Will Do:
  • Financial Leadership: Provide strategic financial leadership for the lines of business listed above including financial planning, budgeting, forecasting, and analysis.
  • Segment Support: Collaborate with designated segment to provide business partner support including reporting and analysis to optimize functions.
  • Regulatory Compliance: Ensure compliance with all relevant regulatory requirements and standards, including financial reporting and solvency regulations.
  • Performance Management: Monitor and analyze financial performance, identify trends, and provide actionable insights to senior management.
  • Strategic Planning: Support the development and execution of strategic initiatives including development of key performance indicators (KPIs) to drive growth and profitability for the aligned business segments.
  • Stakeholder Communication: Communicate financial results and strategic plans to internal and external stakeholders, including the board of directors, investors, and regulatory bodies.
  • Team Leadership: Lead and mentor within a high-performing finance team, fostering a culture of excellence and continuous improvement.
What You Will Have:
  • Bachelor’s degree in Finance, Business Administration, Accounting, Economics, or related field. MBA, CFA, or other advanced finance qualifications preferred.
  • 10+ years’ experience in a senior financial leadership role within the reinsurance or insurance industry.
  • Strong knowledge of reinsurance industry practices, investment products, regulatory and accounting requirements.
  • Excellent verbal, written and presentation skills.
  • Strong ability to craft narratives that connect financial performance to strategic goals, ensuring clarity and impact.
  • Adept at communicating financial information to both technical and non-technical audiences, fostering alignment and understanding.
  • Ability to think strategically and drive long-term financial planning; understands current market dynamics.
  • Strong analytical, strategic planning, and communication skills; proficiency in financial modeling and financial principles.
  • Ability to work collaboratively with cross-functional teams and guide and mentor teams through thought leadership and support.

#LI-Hybrid

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.

Check us out on YouTube: About Fortitude Re (youtube.com)

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. Concerned about recruitment fraud? Learn how to verify Fortitude Re's recruitment process: Recruitment Fraud Notice

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