Senior Associate, Reinsurance Integration & Operations

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 Senior Associate, Reinsurance Integration & Operations plays a critical role in the execution, integration, and governance of the companys reinsurance programs. This role leads components of the operational implementation and maintenance of treaties, ensures compliance with contract terms, and drives continuous improvements across reinsurance processes. The Senior Associate, Reinsurance Integration & Operations has ownership of complex operational workflows, serving as a key liaison between internal and external stakeholders.

What You Will Do :

• Lead components of the end-to-end integration and onboarding of new reinsurance deals, from due diligence through closing and transition to business-as-usual processing to seamlessly onboard new reinsurance contracts.
• Manage processes for existing inforce business, including treaty compliance, audits and required deliverables to / from counterparties.
• Review, validate and analyze financial data related to reinsurance settlements, proactively identifying and resolving discrepancies.
• Produce clear and concise summary reporting, analyzing trends and delivering insights.
• Develop and oversee detailed project plans, monitoring progress and documenting KPIs.
• Drive process improvements, automation initiatives, and workflow enhancements to increase efficiency and reduce risk.
• Manage aspects of the development and testing of process automation and workflow improvements.
• Identify and resolve issues resulting from integration, onboarding and early maintenance of new deals.
• Contribute to the development of best practices and operational standards within the reinsurance function.

What You Will Have :

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

$110,000 — $140,000 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.

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