AVP, Accounting Operations Leader

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.

The Assistant Vice President, Accounting Operations Leader for TPA, Cash, Debt, Expense and AP, plays a key leadership role in ensuring the accuracy, integrity, and timeliness of the non-investment accounting general ledger balances and related accounting across all legal entities and reporting bases within the organization. The position involves strategic implementations, other process improvements, internal control design and maintenance, and leading a team of accountants across the organization. The position reports to the SVP, Insurance & Group Controller.  This role will be based in our Nashville, TN office on a hybrid basis.

What You Will Do :

• Oversee all operational accounting activities including R2R, A / P, A / R, T&E, TPA (incl. communication of results), corporate expenses, debt, and fixed assets across all legal entities and reporting bases.
• Ensure compliance with internal policies for intercompany allocations and settlements.
• Manage quarterly ledger feeds, new account setups, and ensure accurate legal entity allocations.
• Lead the development and submission of FCA Re. accounting packages in coordination with the VP, Insurance Accounting Leader.
• Monitor and ensure alignment with accounting policies across all operational entries
• Drive robust execution of reconciliations (incl. suspense) and other related controls over cash, vendors, and intercompany processes
• Coordinate related approvals and work with Treasury to settle intercompany balances monthly
• Identify opportunities to streamline, automate, and standardize operational processes across all legal entities and reporting bases.
• Drive standardization, automation and documentation of processes to ensure consistency and compliance.
• Partner with internal and external stakeholders to ensure transparency and audit readiness.
• Lead and mentor a team of accounting professionals, providing guidance, mentorship, and fostering a collaborative, results-oriented culture.
• Promote a culture of continuous improvement, automation, and accountability.

What You Will Have :

#LI-Hybrid

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

$140,000 — $180,000 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.