AVP, Financial Controls

AVP, Financial Controls

Fortitude Reinsurance Company Ltd. (Fortitude Re) is a premier global provider of legacy reinsurance solutions, partnering with leading insurance companies to execute comprehensive, transformational strategies for legacy Life & Annuity and P&C lines. We manage a general account of approximately $111 billion across various insurance products and are backed by sophisticated institutional investors, including The Carlyle Group and T&D Insurance Group. Established in Bermuda in 2017, Fortitude Re leverages decades of insurance industry experience and proprietary risk modeling capabilities to structure bespoke transactions that benefit both insurance companies and policyholders. We are committed to long-term growth and providing innovative solutions to the global insurance industry.

What You Will Do:

• Lead key areas of the annual ICFR Program risk assessment and scoping process, including monitoring significant changes and evaluating/reporting identified control deficiencies.
• Partner with business units to support the remediation of significant deficiencies and material control weaknesses, and assist with external auditor readiness assessments for public company requirements.
• Engage with internal and external auditors to promote efficiencies by increasing reliance on robust internal controls.
• Develop and deliver ICFR Program communications to key stakeholders, including the ICFR and Audit Committees.
• Assist in the development and implementation of the internal controls testing function, establishing protocols for testing financial reporting controls, ongoing monitoring, and overseeing the remediation of identified deficiencies.
• Drive uniformity and automation of controls across the Company by leveraging financial systems and innovative technology to enhance control design and effectiveness, improving efficiency in documentation, assessment, and testing.
• Support our core values by communicating and collaborating effectively across different cultures and organizational levels.

What You Will Have:

• Bachelor’s degree or higher in Accounting.
• Certified Public Accountant (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, professional verbal and written communication skills.
• Strong interpersonal, collaborative, and conflict resolution abilities.
• Proven ability to effectively design and present information to senior management, auditors, and business partners.
• Demonstrated ability to define problems, collect data, establish facts, and draw sound conclusions.
• Agility and ability to work effectively both independently and as part of a team.
• Keeps current on best practices and the latest thinking regarding processes and controls.

Role Details:

• Location: #LI-Hybrid
• Base Salary Range: $150,000—$175,000 USD (commensurate with experience; pay may differ based on location).
• Bonus Eligibility: All employees are eligible for an annual bonus based on company and individual performance.

Our Culture:

At Fortitude Re, our strength lies in our people. We foster a culture of inclusion and belonging, valuing the unique attributes, perspectives, and experiences of every individual. 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.

To Recruitment Agencies:

Unless specifically engaged for this position, please refrain from forwarding resumes to Fortitude Re employees. Fortitude Re is not responsible for any fees related to unsolicited resumes.

By submitting your application, you agree that Fortitude Re may collect your personal data for recruiting purposes. Please review our Applicant Privacy Notice for details.