Senior Associate, Capital Reporting - Group

About the role

The Senior Associate, Capital Reporting - Group, will join the Capital Management team at Fortitude Reinsurance Company Ltd. This role supports the company's regulatory and rating agency capital reporting processes, ensuring accuracy and adherence to reporting timelines. The position collaborates with various departments including Actuarial, Finance, Investments, and Risk.

Responsibilities

• Execute the quarterly production process for regulatory capital under the NAIC Risk Based Capital regime, ensuring accuracy and adherence to reporting timelines.
• Support the quarterly rating agency and Group capital position production process, contributing to the preparation of materials for annual filing requirements.
• Develop and maintain movement analysis over regulatory and rating agency capital positions, identifying and clearly documenting key drivers of period-over-period change.
• Perform comparative analysis across capital bases to identify binding constraints and opportunities to optimize capital efficiency.
• Execute controls as designed to ensure the accuracy and auditability of all capital reporting outputs, and flag issues for resolution as they arise.
• Support new business activities by assessing capital requirements for potential acquisitions and reinsurance blocks, and assisting with the integration of new transactions into the production cycle.
• Provide ad hoc capital analysis to support strategic initiatives as necessary.

Requirements

• Undergraduate degree required; actuarial science, finance, mathematics, or a related quantitative field preferred.
• Associateship of the Society of Actuaries (ASA) with 3 years' experience post-Associateship, FSA preferred.
• 4+ years of insurance experience related to pricing, valuation or risk management.
• Proficiency in Python, or similar programming languages (R Studio, C++).
• Experience with database applications and business intelligence tools.
• Strong analytical skills and ability to adopt a creative approach to solving complex process problems.
• Able to manage multiple work assignments and meet time commitments.
• Strong oral and written communication skills.

Qualifications

• Undergraduate degree required; actuarial science, finance, mathematics, or a related quantitative field preferred.
• Associateship of the Society of Actuaries (ASA) with 3 years' experience post-Associateship, FSA preferred.
• 4+ years of insurance experience related to pricing, valuation or risk management.
• Proficiency in Python, or similar programming languages (R Studio, C++).
• Experience with database applications and business intelligence tools.
• Strong analytical skills and ability to adopt a creative approach to solving complex process problems.
• Able to manage multiple work assignments and meet time commitments.
• Strong oral and written communication skills.

Skills

• Python, or similar programming languages (R Studio, C++).
• Database applications and business intelligence tools.
• Analytical skills.
• Ability to manage multiple work assignments and meet time commitments.
• Strong oral and written communication skills.

Benefits

At Fortitude Re, we offer a competitive benefits package, including an annual bonus based on company and individual performance, a generous benefits package, and a commitment to fostering a culture of inclusion and belonging.

Pay

The base salary range for this role is $120,000 USD - $150,000 USD, with pay varying based on the cost of labor in the location.

Schedule

Full-time position.