Jobs · New Jersey

VP, L&A Risk

Fortitude Re · Jersey City, NJ · 4 wk ago
Hybrid$111/hrFull-time
We need to output only HTML fragment with sections: headings

for sections like About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. We must include only sections that have real specific content. Remove boilerplate, navigation, legal, EEO, etc. Also remove duplicated lines, application instructions. Must preserve all substantive info. We need to parse the posting. Let's extract sections: - About the role: description of Fortitude Re, role context. The posting starts with description of company, then "The VP, Life & Annuity Risk is part of Fortitude Re's independent Enterprise Risk Management organization." So we can put an "About the role" section summarizing that. - Responsibilities: "What You Will Do:" bullet list. We need to capture each bullet. - Requirements/Qualifications/Skills: "What You Will Have:" bullet list. Also earlier mentions "Candidates will have the opportunity..." but that's not requirement. Also "10+ years of related experience..." etc. So we can combine into Requirements or Qualifications. The instruction: use headings for sections like About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. We can decide to have Requirements (or Qualifications) and Skills maybe separate. But we should avoid thin sections. Probably combine Requirements and Qualifications into one section, maybe "Requirements". Skills could be part of that. But we need to follow instruction: Use headings for those categories if we have content. We can include Requirements (experience, education), Skills (technical). However we must not create sections with filler. Let's see content: What You Will Have: - 10+ years of related experience with long-term insurance liabilities. - Strong Life & Annuity and financial modeling experience; ideally a credentialed actuary or someone with deep expertise in insurance ALM projections. - Deep knowledge of life and annuity insurance/reinsurance, ALM, and capital frameworks. - Working knowledge of the Bermuda EBS reserve and capital framework. - Strong understanding of market, credit, and insurance risks affecting long-term liabilities. - Strong analytical skills with the ability to independently hold and defend a risk position. - Experience using economic capital models for business decisions and solvency monitoring. - Experience managing multiple stakeholders, including subsidiary/parent relationships. - Experience with various software packages commonly used in actuarial practice such as Microsoft Office (e.g., Excel, PowerPoint), Actuarial projections (e.g., AXIS, SLOPE, Prophet), programming languages (e.g., Julia, Python, C++). - Collaborative skills and gravitas to manage risk issues across long-term businesses. These are a mix of experience, knowledge, skills. Could split into Requirements (experience, knowledge) and Skills (technical, collaborative). But we can also just have one "Requirements" section covering all. The instruction says prefer a few substantive sections over many thin ones. So maybe just one "Requirements" section. Pay: Base Salary Range: $225,000 USD - $240,000 USD. Also mention annual bonus and benefits package. So we can have Pay section with base salary range. Benefits: mention annual bonus and generous benefits package. Could combine Pay and Benefits? But we have separate headings allowed. We can have Pay section with base salary range, and Benefits section with annual bonus and generous benefits package. However we need to ensure we don't create sections with filler like "not specified". We have actual content. Schedule: The role will be based in Jersey City, NJ office on a hybrid basis with 30% travel expected to Nashville, TN office. That's schedule/hybrid/ travel. So we can have Schedule section. Also maybe "About the role" includes company description and role context. We must not repeat job title as heading. The page already shows it, so we don't add heading for VP, Life & Annuity Risk. We must not put Job ID/requisition numbers as headings; none present. We must remove cookie/navigation/legal/EEO/equal-opportunity/scam-warning boilerplate, duplicated lines, and application instructions. So we need to strip out the EEO paragraph, the recruitment agency note, YouTube link, privacy notice, recruitment fraud notice, etc. Also remove "Click here for more information about Fortitude Re." (that's navigation). Also "By submitting your application..." etc. Now construct HTML. Structure:

About the role

... content ...

Responsibilities

  • ... each bullet from What You Will Do ...

Requirements

  • ... each bullet from What You Will Have ...

Pay

Base Salary Range: $225,000 USD - $240,000 USD.

Benefits

Eligible for an annual bonus based on company and individual performance, plus a generous benefits package.

Schedule

Hybrid role based in Jersey City, NJ office with approximately 30% travel to the Nashville, TN office.

Check for any other substantive info: The role reports to L&A Risk Officer, indirect reporting to Model Risk Officer, may move to report directly to Model Risk Officer as ALM modeling infrastructure matures. That's part of responsibilities? Could be included in Responsibilities or About the role. Since it's about reporting structure, maybe include in About the role or Responsibilities. Let's add to About the role: mention reporting lines. Also mention "This role supports the Life & Annuity Risk and Model Risk Management Teams in second line risk oversight of a $100bn long-term reinsurance business and the ALM models that at the intersection of business strategy, reserving and capital." That's part of About the role. Also "The ERM organization’s goal is to ensure Fortitude Re has a comprehensive framework for understanding the risks across its lines of business — enabling the company to manage risk effectively, evaluate current and emerging risk challenges and opportunities, and enhance shareholder value." Also part of About the role. Also "Candidates will have the opportunity to shape Fortitude Re’s evolving risk management framework while helping manage the risks associated with implementing models for large and diverse blocks of new business." Could be About the role. Also "As the ALM modeling infrastructure at Fortitude continues to mature, this position may move to report directly to the Model Risk Officer." Already mentioned. Now we need to ensure we preserve all substantive information. Let's list all substantive pieces: Company description: - Fortitude Re is one of the world’s leading providers of legacy reinsurance solutions. - Works with world’s leading insurance companies to help them execute comprehensive, transformational solutions for legacy Life & Annuity and P&C lines. - Manages a general account of approximately $111 billion across life, annuity, and property & casualty insurance products. - Takes a long-term view on growth and is proud to be backed by a consortium of sophisticated institutional investors led by The Carlyle Group and T&D Insurance Group. - Incorporated under the laws of Bermuda on January 1, 2017. - Roots in the insurance industry and experience of leadership go back many decades. - Leadership team has an average industry tenure of over 20 years, and an impressive track record of successfully managing the most complex legacy liabilities. - Deep insurance experience and proprietary risk modeling capabilities allow them to structure bespoke transactions that benefit both insurance companies and their policyholders. - Continues to strengthen its ability to pursue further growth and provide innovative solutions for the global insurance industry. Role description: - The VP, Life & Annuity Risk is part of Fortitude Re's independent Enterprise Risk Management organization. - This role supports the Life & Annuity Risk and Model Risk Management Teams in second line risk oversight of a $100bn long-term reinsurance business and the ALM models that at the intersection of business strategy, reserving and capital. - The ERM organization’s goal is to ensure Fortitude Re has a comprehensive framework for understanding the risks across its lines of business — enabling the company to manage risk effectively, evaluate current and emerging risk challenges and opportunities, and enhance shareholder value. - Candidates will have the opportunity to shape Fortitude Re’s evolving risk management framework while helping manage the risks associated with implementing models for large and diverse blocks of new business. - This position will report to the L&A Risk Officer, with an indirect reporting relationship to the Model Risk Officer. - As the ALM modeling infrastructure at Fortitude continues to mature, this position may move to report directly to the Model Risk Officer. - This role will be based in our Jersey City, NJ office on a hybrid basis with 30% travel expected to our Nashville, TN office. Responsibilities (What You Will Do): - Risk Oversight & Business Support - Contribute to a robust risk management program that integrates with business partners to provide pragmatic oversight, challenge, and review. - Challenge first-line risk identification and reporting across life, health, and annuity businesses; keep ERM leadership informed of material risks and policy compliance. - Lead ERM support for Bermuda EBS activities, including financial reporting and attributions, new deal integration, model updates, management of topsides & simplifications, and regulatory examinations/reviews. - Model Risk Management - Oversee and manage ERM support for all ALM-related models to ensure proper usage given limitations, consistency and appropriateness of methodology across models, and compliance with model risk management standards. - Support broader model risk and operational risk functions under the direction of the Model Risk Officer. - Ensure model risk policies, standards, and procedures are met to comply with internal governance and regulatory requirements for ALM-related models. - Provide input to the MRO on the Model Governance Committee with regard to model risk matters, and develop model risk reporting and documentation to support audit or other external reviews. - People Management - Manage an actuarial student and any other direct team members; manage timeline, sequencing and resources for model reviews which include tactical and SME support from other ERM team members. Requirements (What You Will Have): - 10+ years of related experience with long-term insurance liabilities. - Strong Life & Annuity and financial modeling experience; ideally a credentialed actuary or someone with deep expertise in insurance ALM projections. - Deep knowledge of life and annuity insurance/reinsurance, ALM, and capital frameworks. - Working knowledge of the Bermuda EBS reserve and capital framework. - Strong understanding of market, credit, and insurance risks affecting long-term liabilities. - Strong analytical skills with the ability to independently hold and defend a risk position. - Experience using economic capital models for business decisions and solvency monitoring. - Experience managing multiple stakeholders, including subsidiary/parent relationships. - Experience with various software packages commonly used in actuarial practice such as Microsoft Office (e.g., Excel, PowerPoint), Actuarial projections (e.g., AXIS, SLOPE, Prophet), programming languages (e.g., Julia, Python, C++). - Collaborative skills and gravitas to manage risk issues across long-term businesses. Pay: - Base Salary Range: $225,000 USD - $240,000 USD. - 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. Benefits: - Annual bonus based on company and individual performance. - Generous benefits package. Schedule: - Hybrid role based in Jersey City, NJ office with approximately 30% travel to Nashville, TN office. We must not duplicate content. We'll incorporate the bonus and benefits in Benefits section; Pay section just base salary. Now produce HTML. Make sure to use

for each section heading. Use

for prose,

  • for lists. We need to avoid any markdown fences. Just raw HTML. Let's craft. First, About the role: combine company description and role context into a few paragraphs. Could be multiple

    tags. We'll produce:

    About the role

    Fortitude

Similar jobs

VP, L&A Risk

Fortitude ReNashville, TN· 1 mo ago
$111/hrapply on grnh.se