Investment Analytics Intern

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.

Be a part of our 9-week Internship Development Program, where you will have the opportunity to apply knowledge gained through your college courses. Becoming an Investment Analytics Intern is a great way to enhance your business acumen and gain insight into our industry. Interns are placed into meaningful roles that have an immediate and integral impact on the business.  The internship will be based in our Jersey City, NJ office and will run from June 2, 2025, through August 1, 2025. You must be available for all 9 weeks of the program.

Fortitude Re’s investments team determines and develops asset strategies designed to support reinsured liabilities.  The team is responsible for developing and maintaining Fortitude Re’s investment plan based on its strategic asset allocation, guiding Fortitude Re’s asset managers to execute such asset strategies and monitoring the asset portfolio to assess performance and portfolio risk.  The investments unit also communicates investment activities to executive management, the Board of Directors, Investment Committee, regulators, and other interested parties.  The group will play an essential role in the pricing and due diligence of potential new business acquisitions.

What You Will Do:

• Calculate cashflows, risk metrics, and other analytics for our structured assets.
• Develop quantitative techniques for evaluating select prospective and existing investments.
• Facilitate in the preparation of written materials to communicate investment strategy, performance, and risk monitoring.
• Develop automated and efficient reporting to monitor portfolio positions, activity, risk, performance, and compliance and explain such information to Fortitude Re’s senior management, Investment Committee, and Board of Directors.
• Collaborate with Investment Managers and the Fortitude Re team to develop investment recommendations based on market conditions and Fortitude Re’s ALM and capital position.
• Perform due diligence on asset portfolios that may be acquired in future acquisitions and develop asset strategies for any future reinsurance liabilities.

What You Will Have:

• Rising college senior pursing a master’s degree in finance, economics, or investments.
• Strong analytical capabilities.
• Advanced Excel skills are required.
• Familiarity with more sophisticated data science techniques (SQL, R, Python, MatLab) and experience with Bloomberg is a plus.
• Very strong written, verbal, and interpersonal communications skills to clearly articulate sophisticated concepts, ideas and processes.
• Presence and credibility to present effectively to key senior management.
• A willingness to work towards CFA designation is preferred.

Applicants must be authorized to work for any employer in the U.S. We are unable to consider applicants who will now or in the future require sponsorship for an employment visa.

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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