Senior Actuarial Associate, Valuation
2 weeks ago
Fortitude Reinsurance Company Ltd. is a leading provider of legacy reinsurance solutions. We are seeking a highly skilled Senior Actuarial Associate, Valuation to join our team in Nashville, TN. As a key member of our Fortitude Valuation team, you will support valuation and financial reporting requirements for US GAAP and statutory accounting for reinsurance and acquired businesses.
Key Responsibilities- Support the valuation requirements for Fortitude's reinsurance transactions, aligning to corporate and accounting policies, control framework, and procedures.
- Prepare workpapers, develop actuarial memoranda, perform technical and peer reviews, review and analyze data and models.
- Perform analytics and prepare analysis of reserves and financial results.
- Enhance the risk and control framework.
- Assist in process improvement efforts, including automation and process enhancements for quarterly valuation, and the streamlining of control support validation.
- Assist in responding to internal and external auditor requests.
- At least three years of progressively more responsible actuarial experience with Life Insurance, Annuity products, or ALM equivalent environment.
- Associate of the Society of Actuaries (ASA).
- Experience with valuation and financial reporting, ideally including health products such as LTC and Individual Disability, and exposure to LDTI.
- Experience with actuarial modeling, ideally including Moody's AXIS.
- High degree of proficiency in working with data and calculations in MS Excel and database environments; programming languages are a plus.
- Strong analytical skills and ability to adopt a creative approach to solving complex problems.
- Ability to manage multiple work assignments and meet time commitments.
- Strong oral and written communication skills across in-person and audio/video call environments, email, and Teams platforms.
- Undergraduate degree is required, preferably in actuarial science or a related field.
- Competitive base salary range of $110,000-$130,000 USD.
- Annual bonus based on company and individual performance.
- Generous benefits package, including unlimited PTO policy, up to 12 paid company holidays, and up to 16 hours per year of paid volunteer time.
- Competitive 401(k) plan for US employees only.
- Paid parental leave.
- Learning and Development Stipend.
- Mental Health and Wellbeing support.
- Health, vision, dental, and life insurance with additional access to health and wellness programs.
- Flexible working environment.
- Actuarial Exam Support through our Actuarial Development Program (ADP) for Actuarial employees.
- Actuarial Program Rotation for ADP employees.
Fortitude Re is a leading provider of legacy reinsurance solutions. We are committed to creating a foundation for a creative workplace that leads to innovation, growth, and profitability. We believe that diversity and inclusion are critical to our future and our mission. We are committed to being an equal opportunity employer and evaluate qualified applicants without regard to race, color, religion, sex, pregnancy, national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information, military and veteran status, diversity of thought, and any other characteristic protected by applicable law.
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