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.
As an Associate on the Financial Planning & Communications team, you will play a critical role in supporting the team’s financial analysis, reporting, and investor relations activities. You will be involved in a variety of tasks, including data analysis, financial modeling, report preparation, and strategic communication. This position offers an excellent opportunity to gain exposure to complex financial issues and develop your skills in a dynamic and collaborative environment. This role will be based in our Jersey City, NJ office on a hybrid basis.
Financial Planning & Communications is a highly influential team that serves as a key interface between our Finance organization and our investors and board. This team acts as a dot connector, fostering strong partnerships across various departments within the company to drive cohesive strategic initiatives. The team interacts regularly with a highly sophisticated board and helps shape our corporate strategy. The team is also responsible for all outbound finance communications with investors, finance materials used in monthly management meetings, and quarterly investor and board reporting.
What You Will Do:
Financial Analysis and Reporting:
- Assist in the preparation and analysis of financial reports, including monthly, quarterly, and annual reports.
- Analyze current and past trends in key performance indicators, focusing on sources of earnings, and provide insightful analysis.
- Conduct competitive research, including analysis of market trends, peer performance, and industry developments to support strategic decision-making.
- Prepare presentations and other materials for senior management and external stakeholders.
Data Analysis and Modeling:
- Collect, clean, and analyze financial data.
- Develop and maintain financial models to forecast future performance.
- Use data visualization tools to create insightful reports and dashboards.
Process Improvement:
- Identify opportunities to improve financial processes and procedures.
- Implement new tools and technologies to increase efficiency and accuracy.
Team Development:
- Support the development of the team’s long-term strategy and drive development of long-term growth plans and goals
What You Will Have:
- Bachelor's degree in finance, accounting, or a related field.
- 3+ years of financial service experience, preferably from a consulting, banking, or equity/rating agency analyst background.
- Strong analytical and problem-solving skills.
- Proficiency in Microsoft Excel and PowerPoint.
- Excellent attention to detail.
- Ability to work independently and as part of a team.
- Strong work ethic and a desire to learn.
- Excellent written and verbal communication skills.
- Strong organizational and time management skills.
- Experience in the insurance industry is preferred.
- Familiarity with financial and accounting reporting systems is preferred.
#LI-Hybrid
The base salary range for this role is listed below and will be commensurate with candidate experience. Pay ranges for candidates may differ based on the cost of labor in that location. In addition to base salary, all employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package.
Base Salary Range
$95,000—$120,000 USD
What We Offer:
We offer our employees competitive benefits in a fast-paced, dynamic and nimble culture including:
- Unlimited PTO policy
- Up to 12 paid company holidays
- Up to 16 hours per year of paid volunteer time
- Competitive 401(k) plan - US Employees Only
- Paid parental leave
- Learning and Development Stipend
- Mental Health and Wellbeing support
- Health, vision, dental, and life insurance with additional access to health and wellness programs
- Flexible working environment
- In addition to base salary, we offer discretionary incentive compensation based on the role to reward the achievement of annual performance objectives
- Actuarial Exam Support through our Actuarial Development Program (ADP) for Actuarial employees
- Actuarial Program Rotation for ADP employees
- For all Actuarial Life AVP and above roles not based out of our Nashville, TN office: 30% travel is required to our Nashville, TN office
At Fortitude Re, we believe that diversity and inclusion are critical to our future and our mission- creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
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.
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.
Top Skills
What We Do
Born as an innovative system integrator in 2009, Databiz evolves in 2018 into a holding company (Databiz Group), in order to scale fast and face the evolving market scenario.
2021 is a milestone year: Databiz Group transforms into Fortitude Group, aggregating innovative competences and methodologies to address the contemporary digital transformation challenges. This rename and rebrand represents a significant step in the company’s evolution, redefining the Group’s identity, driving change and shaping the future of the entire ICT landscape.
The Group includes:
- Bitrock
- Radicalbit
- ProActivity
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