Senior Associate, Modeling

Sr. Associate, Modeling

About

Fortitude Reinsurance Company Ltd. (Fortitude Re) is a leading provider of legacy reinsurance solutions, working with global insurance companies to execute transformational solutions for legacy Life & Annuity and P&C lines. We manage a general account of approximately $111 billion and are backed by sophisticated institutional investors. Our leadership team has decades of industry experience and a proven track record in managing complex legacy liabilities.

Responsibilities

• Support ongoing efforts in model development, testing, validation, and production for statutory, GAAP, Bermuda, and hedging requirements.
• Execute timely model development with appropriate testing and validation.
• Conduct peer reviews.
• Execute timely ongoing production processes and deliverables to stakeholders.
• Collaborate with cross-functional teams to support the preparation of reports and documentation for regulatory filings, audits, and internal reviews.
• Execute controls and governance processes.
• Analyze applicable data and trends.
• Support and occasionally lead process improvement and automation initiatives.
• Support senior management on ad-hoc requests such as assumption development, due diligence, and future acquisitions.

Requirements

• Fellow of the Society of Actuaries (FSA) or Associate of the Society of Actuaries (ASA) with 3+ years of experience post ASA required. International equivalent actuarial designation will be accepted.
• 4+ years of insurance experience related to modeling, pricing, valuation, or risk management, with EBS or Solvency II experience preferred.
• Proficiency in Python or similar programming languages (e.g., Julia).
• Experience with database applications and business intelligence tools.
• Experience with AXIS or similar actuarial projection or valuation software.
• Strong analytical skills and ability to adopt a creative approach to solving complex process problems.
• Ability to manage multiple work assignments and meet time commitments.
• Strong oral and written communication skills.
• This role is based in our Nashville, TN office on a hybrid basis.