AVP, Modeling Manager

About the role

The AVP, Modeling Manager will be a key member of the Actuarial & Strategy actuarial modeling team at Fortitude Reinsurance Company Ltd. (Fortitude Re). This role will maintain and advance the Company's cashflow projection model, lead and review model governance activities, build new model functionality, and assist with design and onboarding of new deals within the model.

Responsibilities

• Maintain and advance the Company's cashflow projection model.
• Lead and review model governance activities to ensure accuracy and compliance with model risk standards.
• Build new model functionality into the existing reporting infrastructure.
• Review and communicate results of model results.
• Implement process improvement and automation.
• Affiliate with design and onboarding of new deals within the model.
• Develop new functionality to support profitability analysis and financial planning.
• Support senior management on any ad-hoc requests such as stress testing, due diligence, etc.

Requirements

• 7+ years of progressively more responsible actuarial experience in Actuarial Liability Management, or equivalent experience in Life and Annuity products.
• Undergraduate degree is required, preferably in actuarial science, mathematics, statistics, or related fields.
• Experience managing a small team with the ability to mentor and develop Actuarial Staff.
• Qualified Fellow of the Society of Actuaries or Institute of Actuaries (or equivalent) or career Associate.
• Significant working experience with AXIS, or a similar actuarial modeling software.
• Good analytical skills and ability to adopt a creative approach to solving complex process problems.
• Strong project management and communication skills.
• 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.
• Ability to manage multiple resources and work assignments while meeting time commitments.

Qualifications

• Significant experience with modeling software.
• Expert-level knowledge in modeling software.
• Thorough understanding of a variety of products.
• Strong project management and communication skills.

Skills

• Significant experience with modeling software.
• Expert-level knowledge in modeling software.
• Thorough understanding of a variety of products.
• Strong project management and communication skills.

Benefits

At Fortitude Re, our strength has always come from our people. Our success is deeply rooted in our ability to embrace the unique attributes, perspectives and experiences of every individual within our company. Fostering a culture of inclusion and belonging where everyone—regardless of background, race, religion, sexual orientation or gender identity—feels valued and respected is a foundation of our culture.

Pay

The base salary range for this role is $180,000 USD - $200,000 USD. Pay ranges for candidates may differ based on the cost of labor in that location. In addition to base salary, all employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package.