Assistant Vice President, Capital Forecasting - Finance

About Fortitude Re

Fortitude Reinsurance Company Ltd. (Fortitude Re) is a premier global provider of legacy reinsurance solutions, partnering with leading insurers to execute transformational strategies for Life & Annuity and P&C lines. Managing a general account of approximately $111 billion, Fortitude Re is backed by The Carlyle Group and T&D Insurance Group. With deep industry roots and a leadership team possessing decades of experience, the company excels in managing complex legacy liabilities and structuring bespoke transactions.

The Role

The AVP, Capital Management Forecasting - Finance will be a key member of the Capital Management Forecasting Team (CMFT), Fortitude Re’s central forecasting function. This team delivers consolidated forecasts across management earnings and valuation, regulatory and rating agency bases, and debt covenant bases to support the company’s strategic decision-making. Reporting to the VP, Capital Forecasting Finance Manager, this position directly contributes to forecasting financial metrics and integrating results into enterprise applications. CMFT collaborates closely with Actuarial Modeling, Investments, Treasury, and Finance, delivering results to a wide range of internal and external stakeholders.

What You Will Do

• Execute the quarterly production of financial-based forecast outputs, including management earnings and valuation, US GAAP, and financial-based capital constraints such as leverage ratios, across a range of scenarios and sensitivities.
• Support the development and maintenance of US GAAP-based projections, partnering with Finance on reconciliations to ensure consistency between forecast outputs and the enterprise financial reporting framework.
• Conduct detailed attribution of forecasting model results for period-over-period movements, and reconciliations of capital-based forecasts to actual and Budget results.
• Support the definition and documentation of business requirements and assist the Actuarial Modeling team in investigating issues, testing new functionality, and validating changes prior to production deployment.
• Perform trend analysis to validate that forecasted reporting items are consistent with, or clearly explainable relative to, actual reported results, with a particular focus on US GAAP and management basis outputs.
• Execute controls as designed to ensure the accuracy and auditability of all projection outputs and escalate issues for resolution as they arise.
• Develop and maintain supplementary processes and analytical tools to extend the enterprise forecasting model’s coverage, ensuring reporting requirements are met across entities, accounts, and business segments not directly modeled within the core architecture.
• Contribute to automation and model architecture improvement initiatives to reduce manual processes and improve scalability across forecasting outputs.
• Support the preparation of senior management and board-level reporting materials, including capital forecast summaries and variance commentary for management committees.

What You Will Have

• Undergraduate degree required with finance, accounting, actuarial science, or other quantitative fields preferred.
• 7+ years of experience in financial reporting, FP&A, or a related field within the insurance/reinsurance industry.
• CPA, CFA, or equivalent accounting designation preferred; actuarial exam progress (ASA/FSA track) also valued.
• Working knowledge of US GAAP accounting principles and financial reporting requirements; exposure to asset accounting and liability valuations a plus.
• Proficiency in financial modeling with a solid understanding of the financial and economic drivers of an insurance or reinsurance business.
• Familiarity with financial systems, general ledger platforms, and FP&A toolsets; experience supporting enterprise system requirements a plus.
• Strong project management and organizational skills with the ability to manage multiple deliverables within structured reporting timelines.
• Excellent analytical and problem-solving skills with high attention to detail.
• Effective written and oral communication skills, including the ability to summarize and present financial results clearly to internal stakeholders.

Compensation & Benefits

• Base Salary Range: $160,000—$180,000 USD (commensurate with experience).
• Annual Bonus: Eligible for an annual bonus based on company and individual performance.
• Benefits Package: Comprehensive benefits package.

Our Culture

At Fortitude Re, our strength lies in our people. We foster a culture of inclusion and belonging where everyone feels valued and respected, regardless of background. We are committed to being an equal opportunity employer.

Additional Information

• LI-Remote
• For more information about Fortitude Re, visit: About Fortitude Re (youtube.com)
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