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Actuarial Professional for Reinsurance Solutions
1 month ago
Fortitude Reinsurance Company Ltd. is a leading provider of legacy reinsurance solutions, partnering with top insurance companies to execute comprehensive transformational solutions.
Salary: The estimated base salary range for this role is $80,000-$105,000 USD per year, commensurate with candidate experience and location.
About the RoleThis actuarial associate position requires 1.5 years of experience in an actuarial role, working towards Associateship/Fellowship of the SOA, CAS, or IFoA, with a minimum of four actuarial exams passed.
The ideal candidate will have an undergraduate degree in mathematics, actuarial sciences, statistics, or other quantitative fields, with strong technical skills in Excel and knowledge of SQL, programming languages such as R or Python, and business intelligence tools like Tableau or Power BI.
Job Responsibilities:
- Pricing analyses, sensitivities, and analytics
- GAAP, Statutory, hedging, and embedded value modeling
- US cash flow testing
- Bermuda economic balance sheet
- Valuation and financial reporting
- Support of inforce management initiatives
- Review and analysis of reinsurance settlements
- Development and analysis of liability key performance indicators
- Quality Assurance (first-line independent testing and validation of models)
- Capital management
Benefits:
- Competitive benefits package, including unlimited PTO policy, up to 12 paid company holidays, and up to 16 hours per year of paid volunteer time
- 401(k) plan with employer match for US employees
- Paid parental leave and mental health and wellbeing support
- Flexible working environment and opportunities for professional growth and development
About Fortitude Re:
We are committed to being an equal opportunity employer, valuing diversity and inclusion in our workplace. Our mission is to create a foundation for innovation, growth, and profitability through a creative and inclusive work environment.