Fortitude Reinsurance Company Ltd. (Fortitude Re) is one of the world’s leading providers of legacy reinsurance solutions. They work with the world’s 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 $55 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 Re’s roots in the insurance industry and the experience of their leadership go back many decades. Fortitude Re’s 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.
Position Summary
The AVP, Actuarial Applications will proactively engage with our actuarial teams on their critical business priorities, mentor/coach a small team of technologists and design/build solutions for data and applications for use within capital, hedging and actuarial models. This primary IT role is frequently engaged with our Life, Annuity, and Casualty Actuarial business partners to understand their needs and then help lead IT efforts to build technology solutions to address these needs. Reporting to the VP, Actuarial Applications, this role is based in our Brentwood, TN office.
What You Will Do:
- Provide technology thought leadership to Senior Associates and Associates to deliver both strategic and tactical solutions related to actuarial modeling within pricing, valuation, data analytics, and applications development
- Build strong relationships with key business peers within the Actuarial teams
- Optimize data flows into actuarial modeling platforms for Life & Annuities (Moody’s Analytics AXIS, Slope) for Variable Annuities (Atlas), and for Casualty (Milliman Arius)
- Operate in an agile development environment while applying DevOps principles
- Leverage an existing offshore resource support model
- Understand current state data pipelines/processes; build solutions for future state optimization
- Ingest and analyze new/existing data sets and implement end-to-end processing
- Adhere to data governance framework and best practices when designing/building data processing (ETL/ELT) pipelines, data approval workflows, data controls
- Engage with data providers to coordinate secure data transfers
- Provide long term technology solutions to financial modeling using modern data engineering, data visualization, data science, and machine learning
- Evaluate actuarial SaaS solutions from a technology lens in partnership with the Actuarial team
What You Will Have:
- Bachelor's degree in Computer Science, Engineering, Math or similar field
- Minimum experience of seven years in a growing IT role, with at least five years in programming (Python, Julia and/or R) and SQL
- Experience with actuarial modeling systems (Moody’s Analytics AXIS, Slope, etc.)
- Domain knowledge in Life, Annuity, and/or Casualty insurance
- Experience building and managing code bases using GitHub
- Experience in building cloud-based data solutions in AWS with expertise building infrastructure as code with Terraform, CloudFormation, or similar
- Experience in building dashboards/reporting solutions in PowerBI
- Robust knowledge of data lakes, data governance and modern data quality techniques
- Prior knowledge and experience in the fintech, investment banking or insurance industry
- Excellent analytical, problem solving and conceptual skills
- Strong verbal and written communication skills
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
$130,000—$165,000 USD
What We Offer:
We offer our employees competitive benefits in a fast-paced, dynamic and nimble culture including:
- Unlimited PTO policy
- Up to 12 paid company holidays
- Up to 16 hours per year of paid volunteer time
- Competitive 401(k) plan - 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
- For all Actuarial Life AVP and above roles not based out of our Nashville, TN office: 30% travel is required to our Nashville, TN office
At Fortitude Re, we believe that diversity and inclusion are critical to our future and our mission- creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
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)
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Top Skills
What We Do
Born as an innovative system integrator in 2009, Databiz evolves in 2018 into a holding company (Databiz Group), in order to scale fast and face the evolving market scenario.
2021 is a milestone year: Databiz Group transforms into Fortitude Group, aggregating innovative competences and methodologies to address the contemporary digital transformation challenges. This rename and rebrand represents a significant step in the company’s evolution, redefining the Group’s identity, driving change and shaping the future of the entire ICT landscape.
The Group includes:
- Bitrock
- Radicalbit
- ProActivity
