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Senior Associate, Alternatives Investments
Senior Associate, Alternatives InvestmentsFortitude Re • Jersey City, NJ, US
Senior Associate, Alternatives Investments

Senior Associate, Alternatives Investments

Fortitude Re • Jersey City, NJ, US
1 day ago
Job type
  • Full-time
Job description

Fortitude Reinsurance Company Ltd. (Fortitude Re) is one of the worlds leading providers of legacy reinsurance solutions. They work with the worlds leading insurance companies to help them execute comprehensive, transformational solutions for legacy Life & Annuity and P&C lines. Fortitude Re manages a general account of approximately $111 billion across life, annuity, and property & casualty insurance products. The company 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, Fortitude Res roots in the insurance industry and the experience of their leadership go back many decades. Fortitude Res leadership team has an average industry tenure of over 20 years, and an impressive track record of successfully managing the most complex legacy liabilities. Their deep insurance experience and proprietary risk modeling capabilities allow them to structure bespoke transactions that benefit both insurance companies and their policyholders. Fortitude Re continues to strengthen its ability to pursue further growth and provide innovative solutions for the global insurance industry.   Click here  for more information about Fortitude Re.

Position Summary

The Senior Associate, Investments will work closely with the Alternatives Team to support the management and performance measurement of Fortitudes alternative investments portfolio. The role will involve collaborating across Investments, FP&A, and Accounting to socialize results, automate performance reporting, and deliver portfolio insights that drive capital and financial decision-making. This position requires a mix of analytical rigor, data management, and strategic communication to support the firms growing alternatives platform.

What You Will Do :

  • Alts Performance Reporting : Partner with FP&A, Accounting & Capital teams to socialize Alternatives performance results, ensuring clear understanding and alignment across functions.

Manage quarter-by-quarter Alternatives portfolio performance, producing key reports and insights for capital planning, accounting, and executive management.

  • Alts Securitization Modelling : Partner with external firms and internal colleagues to model various earnings and capital outcome scenarios with the objective of securitizing select credit alternative investments to achieve efficiencies.
  • Attribution and Evaluation : Develop and maintain customized analytical and attribution models to evaluate specific investment strategies and / or transactions.
  • Presentation materials : Assist with preparation of presentation materials for consumption by Fortitude Board and Executive Committee members.
  • Automation and Analytics : Build an automated reporting platform using various tools / platforms and other tools to visualize Alternatives performance by quarter, leveraging data pipelines and dashboards to streamline reporting.
  • Investment Oversight : Support daily management and monitoring of existing asset portfolios, identifying performance drivers and opportunities for improvement.
  • Cross-Functional Support : Collaborate with other areas of the firm to perform capital and risk analysis (e.g., asset modeling, cash flow testing, and economic valuation).
  • Stakeholder Communication : Build strong working relationships with internal partners and clearly communicate investment insights to non-technical audiences.
  • What You Will Have :

  • Bachelor's degree in a quantitative or financial discipline.
  • 2 years of experience within investment banking environment, and / or financial analytics, required.
  • Strong analytical capabilities.
  • Knowledge of financial markets and investment products.
  • Knowledge of ALM, insurance products, and financial modeling experience, required.
  • Knowledge of Bloomberg and advanced Excel skills is preferred.
  • Proficiency in Python for analytics and reporting automation (Pandas, Dash, or similar). SQL or data visualization experience (Power BI, Tableau) is a plus.
  • Strong technical background in analysis and reporting using MS Office.
  • Ability to demonstrate leadership and ownership over responsibilities and ability to collaborate across various teams.
  • Excellent documentation habits, oral and written communication and presentation skills, including the ability to distill complex ideas into simple explanations.
  • The base salary range for this role is listed below and will be commensurate with candidate experience. 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.

    Base Salary Range

    $130,000 — $160,000 USD

    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 everyoneregardless of background, race, religion, sexual orientation or gender identityfeels valued and respected is a foundation of our culture.

    We are committed to being an equal opportunity employer and evaluate qualified applicants without regard to race, color, religion, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, diversity of thought and any other characteristic protected by applicable law.

    To all recruitment agencies :   Unless you have been requested to work on this position, or other positions with Fortitude Re, please do not forward any resumes to Fortitude Re employees.  Fortitude Re is not responsible for any fees related to unsolicited resumes.

    Check us out on YouTube :   About Fortitude Re (youtube.com)

    By submitting your application, you agree that Fortitude Re may collect your personal data for recruiting purposes.

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    Investment Associate • Jersey City, NJ, US

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