AVP, Financial Controls

About Fortitude Re

Fortitude Reinsurance Company Ltd. is a premier provider of legacy reinsurance solutions, partnering with leading insurance companies to execute transformational strategies for legacy Life & Annuity and P&C lines. Backed by sophisticated institutional investors, Fortitude Re manages approximately $111 billion in its general account and boasts a leadership team with decades of industry experience. The company is dedicated to growth and innovation in the global insurance industry.

The Role: AVP, Financial Controls

This role specializes in the establishment and maintenance of the Company’s Internal Control over Financial Reporting (ICFR) Program in accordance with SEC and Sarbanes Oxley Act (SOX) standards. It also oversees the implementation of internal control over US Statutory reporting programs (MAR) and leads the integration of Bermuda Monetary Authority (BMA) financial reporting requirements into the ICFR Program. The position will drive continuous improvement, manage the annual ICFR program, and identify opportunities for automation and efficiency to ensure reliable and timely financial information.

What You Will Do:

• Lead aspects of the annual ICFR Program risk assessment and scoping, monitoring changes, and reporting control deficiencies.
• Partner with business units to support the remediation of deficiencies and material weaknesses, and assist external auditors with public company readiness.
• Engage with internal and external auditors to promote efficiency through reliance on internal controls.
• Develop ICFR Program communications for key stakeholders, including the ICFR and Audit Committee.
• Assist in developing and implementing the internal controls testing function, including establishing protocols for testing, ongoing monitoring, and remediation oversight.
• Drive uniformity and automation of controls across the Company using financial systems and technology to enhance control design and effectiveness.
• Support core values by communicating and teaming effectively across different cultures and organizational levels.

What You Will Have:

• Bachelor’s degree or higher in Accounting.
• CPA, Chartered Accountant, or equivalent certification.
• Six (6) or more years of experience in the Life & Annuities industry, with a focus on public companies.
• Strong understanding of and ability to apply relevant US GAAP and US Statutory Accounting Principles and reporting requirements.
• Clear and professional verbal and written communication skills.
• Strong interpersonal, collaborative, and conflict resolution skills.
• Ability to effectively design and present information to senior management, auditors, and business partners.
• Ability to define problems, collect data, establish facts, and draw conclusions.
• Agility and ability to work effectively both independently and as part of a team.
• Keeps current on best practices and latest thinking regarding processes and controls.

Compensation & Benefits

• Base Salary Range: $180,000—$210,000 USD (commensurate with experience)
• Eligible for an annual bonus based on company and individual performance.
• Generous benefits package.

Our Culture

Fortitude Re values diversity, inclusion, and belonging, where everyone feels valued and respected. We are committed to being an equal opportunity employer and evaluate qualified applicants without regard to race, color, religion, sex, pregnancy, national origin, age, disability, marital status, sexual orientation, gender identity, genetic information, or veteran status.

Note to Recruitment Agencies: Please do not forward unsolicited resumes.