VP, Investment Accounting Data and Systems Governance

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.

Fortitude Re is establishing a Data & Systems Governance function to provide independent oversight of Clearwater Analytics and other critical investment data processes. This role ensures SLA adherence, governance of manual data feeds, billing oversight, and project accountability, while driving automation and process optimization. The Vice President will serve as Fortitude Res senior representative with Clearwater and other investment system providers, ensure SOC 1 reviews are performed and end-user controls are incorporated, and provide independent monitoring of reconciliations and data quality across the investment accounting function. The role reports to the SVP, Investment Accounting Controller.

What You Will Do :

Lead Fortitude Res Data & Systems Governance function, providing independent oversight of Clearwater Analytics and related investment data processes.

Ensure Clearwater SLA adherence, managing issue logs, escalation protocols, and remediation tracking.

Standardize governance practices, including root cause analysis, exception tracking, and reporting cadence (daily dashboards, weekly reviews, monthly operating reports, quarterly committee updates).

Oversee Clearwater billing to validate accuracy and ensure vendor accountability for costs.

Govern Clearwater projects and enhancements, ensuring business requirements, UAT, and change management are executed consistently.

Extend oversight to manual accounting feeds to data lake (e.g., Corebridge monthly files for mortgage loans, derivatives, and LPs), ensuring accuracy, timeliness, and completeness.

Identify and lead automation and AI initiatives to reduce reliance on manual processes and improve control efficiency.

Partner with the four asset-class accounting teams and the Consolidated Reporting function to ensure governance over data flows, controls, and reconciliation frameworks.

Review SOC 1 (and other assurance) reports and ensure end-user controls (EUCs) are identified, documented, and embedded into Fortitude Res control framework.

Provide regular reporting to senior leadership, regulators, and auditors on Clearwater performance, exception aging, SLA adherence, and reconciliation quality.

Maintain and enforce SOX / internal control compliance across Clearwater, manual feeds, and other investment data processes.

Ensure governance extends to non-Clearwater entries and reconciliations, strengthening controls around all investment data flows.

Liaise with Clearwater and other system vendors as Fortitude Res senior representative, holding vendors accountable for delivery and service.

Drive continuous improvement in processes, controls, and systems, ensuring governance evolves alongside operational execution.

Support audit readiness by maintaining independent assurance documentation for Clearwater, manual feeds, and other system interfaces.

Serve as Fortitude Res senior voice on investment system governance with internal and external stakeholders.

What You Will Have :

Bachelors degree in Finance, Information Systems, Business, or related field.

12+ years of experience in investment data management, operations, or systems governance at an insurer, asset manager, custodian, servicer, or consulting firm.

Deep expertise in Clearwater Analytics (data model, interfaces, reconciliations, reporting) and custodian / servicer data.

Strong track record of vendor management : SLA governance, billing oversight, and project delivery assurance.

Knowledge of SOC 1 reports and ability to identify and implement user-level controls to strengthen Fortitude Res control environment.

Experience designing reconciliation frameworks across Clearwater, custodians, SAP / GL, and data lakes, with effective exception management.

Demonstrated leadership in data governance, control design, and process optimization.

Strong project management skills with experience overseeing system upgrades, releases, and change management.

Clear and confident communicator with executives, auditors, regulators, and vendors, able to drive accountability and results.

Demonstrated commitment to innovation and emerging technologies, including the ability to evaluate, embrace, and guide the responsible adoption of AI-enabled solutions.

#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

$180,000 — $240,000 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.