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Fortitude Re logo
Fortitude Re

Bermuda’s largest multi-line reinsurance company

AVP, ALM Modeling & Strategy

Vice PresidentVice PresidentFull TimeRemoteLeadTeam 201-500H1B No SponsorCompany SiteLinkedIn

Location

United States

Posted

15 days ago

Salary

$160K - $180K / year

Seniority

Lead

Bachelor Degree7 yrs expEnglish

Job Description

AVP, ALM Modeling & Strategy

Fortitude Re

• Coordinate with investments team to ensure consistent asset modeling across all lines of business. • Support investment team in optimizing SAA via analysis on actuarial reserves. • Ensure liability-side hedging information is provided in a timely and accurate manner. Provide analysis and enhancements in response to ERM and Investment priorities. • Address Corporate and Risk requests and ad hoc requests from stakeholders as needed. • Support the evaluation and implementation of future acquisitions. • Execute timely model development with appropriate testing and validation. • Execute timely ongoing production processes and deliverables to stakeholders. • Develop new functionality to support profitability analysis and financial planning.

Job Requirements

  • Undergraduate degree is required, preferably in actuarial science, mathematics, statistics, or related fields.
  • 7+ years of progressively more responsible actuarial experience with Life Insurance, Annuity products or ALM equivalent environment.
  • Fellow of Society of Actuaries (FSA) with 3+ years of experience post FSA, Associate of the Society of Actuaries (ASA) with 7+ years of experience post ASA, or 10+ years of relevant experience.
  • Significant working experience with actuarial modeling software (e.g., AXIS).
  • Good analytical skills and ability to adopt a creative approach to solving complex process problems.
  • High degree of proficiency in Excel, PowerPoint and Word applications as well as experience with database and programming language.
  • Ability to work with Business Intelligence (BI) tools.
  • Hedging experience is a plus.

Benefits

  • Annual bonus based on company and individual performance
  • Generous benefits package

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