Accounting Policy Leader

Fortitude Re Logo

Fortitude Re

πŸ’΅ $280k-$300k
πŸ“Remote - Worldwide

Summary

Join Fortitude Reinsurance Company Ltd. as their SVP, Accounting Policy Leader, leading the group-wide Accounting Policy function. You will develop and maintain accounting policies and procedures, monitor the effects of new transactions and accounting standard changes, and implement new accounting standards across multiple reporting bases. This role requires deep expertise in re/insurance industry financial reporting and collaboration with various teams. The position reports to the Chief Accounting Officer and offers a competitive salary and benefits package. Fortitude Re values diversity and inclusion, fostering a culture of belonging. The company is committed to being an equal opportunity employer.

Requirements

  • Undergraduate degree in Business, Economics, Accounting, or similar discipline
  • Internationally recognized accounting designation (e.g. CPA,CA) and a minimum of 15 years of relevant post-qualification experience within re/insurance (10+ years in public accounting preferred – Big 4 preferred)
  • At least 5 years in a senior leadership role
  • Deep expertise in re/insurance industry financial reporting requirements across multiple reporting bases: experience across U.S. GAAP, Bermuda statutory and economic reporting, SEC reporting and US statutory (NAIC) standards required with demonstrable experience in both Property & Casualty and Life & Annuity lines of business
  • Demonstrated progressive leadership and experience building effective teams and organizations
  • Demonstrated success working and collaborating cross-functionally across various departments and levels of the organization
  • Foster a collaborative and inclusive team culture, encouraging teamwork and mutual respect
  • Be a strategic thinker able to analyze and solve complex problems

Responsibilities

  • Lead the analysis, development, documentation, and maintenance of enterprise accounting policies in accordance with U.S. GAAP, SEC, NAIC, Bermuda statutory & EBS requirements
  • Serve as the primary technical accounting advisor for complex transactions, including reinsurance, M&A, structured investments, and strategic ventures
  • Monitor and interpret new accounting standards and regulatory developments; assess their impact and partner with Finance New Transaction Integration team to lead implementation efforts
  • Collaborate with Finance, Legal, Investments, Actuarial, and Risk teams to ensure accounting policy alignment with operational execution
  • Partner with other functions on the development and maintenance of non-GAAP reporting measures and their associated implications on business segment reporting and external reporting (e.g. MD&A reporting)
  • Maintain current knowledge of topics arising from the FASB, AICPA, NAIC, BMA and all other governing bodies
  • Provide real-time technical guidance and training to finance teams and business leaders
  • Oversee the preparation of technical accounting memos and whitepapers to support audit and regulatory reviews
  • Support internal controls over financial reporting (ICFR) with a focus on technical accounting risk areas
  • Represent the company in discussions with external auditors and regulators on accounting policy matters

Benefits

  • Annual bonus based on company and individual performance
  • Generous benefits package

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