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 $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 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.
The Vice President, Finance Business Partner is a strategic leadership role responsible for overseeing the finance operations of the Legal & Compliance, People & Culture, Finance, Growth and Risk and Operations functions within a multi-line reinsurance company. This leadership role requires a broad understanding of Information Technology, Finance, Facilities and Administration, Operations, Legal and People & Culture as it relates to a reinsurance entity. The successful candidate will work closely with the Chief Operations Officer, Chief Finance Officer, General Counsel and Chief People Officer to drive financial performance and support strategic decision-making. Additionally, the role will serve as a conduit between finance and Operations, Legal & Compliance, People and Culture, presenting to business leaders and executive leadership on investment activities impacting the broader organization. This role will be based in our Jersey City, NJ office on a hybrid basis.
What You Will Do:
- Financial Leadership: Provide strategic financial leadership for the lines of business listed above including financial planning, budgeting, forecasting, and analysis.
- Segment Support: Collaborate with designated segment to provide business partner support including reporting and analysis to optimize functions.
- Regulatory Compliance: Ensure compliance with all relevant regulatory requirements and standards, including financial reporting and solvency regulations.
- Performance Management: Monitor and analyze financial performance, identify trends, and provide actionable insights to senior management.
- Strategic Planning: Support the development and execution of strategic initiatives including development of key performance indicators (KPIs) to drive growth and profitability for the aligned business segments.
- Stakeholder Communication: Communicate financial results and strategic plans to internal and external stakeholders, including the board of directors, investors, and regulatory bodies.
- Team Leadership: Lead and mentor within a high-performing finance team, fostering a culture of excellence and continuous improvement.
What You Will Have:
- Bachelor’s degree in Finance, Business Administration, Accounting, Economics, or related field. MBA, CFA, or other advanced finance qualifications preferred.
- 10+ years’ experience in a senior financial leadership role within the reinsurance or insurance industry.
- Strong knowledge of reinsurance industry practices, investment products, regulatory and accounting requirements.
- Excellent verbal, written and presentation skills.
- Strong ability to craft narratives that connect financial performance to strategic goals, ensuring clarity and impact.
- Adept at communicating financial information to both technical and non-technical audiences, fostering alignment and understanding.
- Ability to think strategically and drive long-term financial planning; understands current market dynamics.
- Strong analytical, strategic planning, and communication skills; proficiency in financial modeling and financial principles.
- Ability to work collaboratively with cross-functional teams and guide and mentor teams through thought leadership and support.
#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.
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 everyone—regardless of background, race, religion, sexual orientation or gender identity—feels 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)
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Skills Required
- Bachelor's degree in Finance, Business Administration, Accounting, Economics, or a related field
- 10+ years of experience in a senior financial leadership role within the reinsurance or insurance industry
- Strong knowledge of reinsurance industry practices, investment products, regulatory requirements, and accounting requirements
- Excellent verbal, written, and presentation skills
- Ability to craft narratives connecting financial performance to strategic goals
- Ability to communicate financial information to technical and non-technical audiences
- Strategic thinking and long-term financial planning capability
- Strong analytical, strategic planning, and communication skills
- Proficiency in financial modeling and financial principles
- Ability to collaborate cross-functionally and mentor teams
- MBA, CFA, or other advanced finance qualification
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
