Remote Assistant Vice President, Life Pricing

Summary

Join a dynamic team at Fortitude Reinsurance Company Ltd. as an Assistant Vice President, Life Pricing, and contribute to pricing, structuring, and analyzing potential life and annuity reinsurance transactions.

Requirements

• Qualified Fellow of the Society of Actuaries or Institute of Actuaries or career ASA with 7+ years of experience post ASA
• Strong modeling and technical skills (Excel modeling skills required, AXIS/SQL/Python/Julia a plus)
• Previous experience in pricing, corporate FP&A, Capital Management, Valuation, Financial Reporting, Reinsurance, and/or ALM. Experience with Bermuda’s regulatory framework for long-term insurance a plus
• Strong communication and interpersonal skills, adaptable, and a team player
• Organized, reliable, detail-oriented, and motivated to support delivering timely results and quality work products
• Ability to prototype models for validation and ground-up development, learning real-time, anticipating problems or challenges, and proactively addressing them
• A strong conceptual understanding and hand-on experience with different financial reporting bases (e.g. US/Canadian/Bermuda/International regimes)
• Drive to solve problems in a disciplined and pragmatic way

Responsibilities

• Pricing Analysis
• Data Analysis: Collect and analyze investment, liability and, other data to support pricing decisions
• Pricing Models: Run the pricing models to produce baseline pricing results and sensitivities specific to each transaction
• Collaboration and Communication
• Cross-functional Collaboration: Incorporate data from investments, strategic finance, tax, and other teams to ensure the pricing analysis aligns with Fortitude's overall business goals
• Stakeholder Communication: Assist in preparing the results of the pricing analyses
• Standards and Documentation
• Pricing Standards: Ensure pricing analyses comply with pricing standards
• Documentation: Maintain comprehensive documentation of pricing models, methodologies, and assumptions
• Professional Development
• Continued Education: Engage in continuous learning and professional development activities, such as actuarial exams, to stay current with industry trends and advancements
• Mentorship: Provide guidance and mentorship to junior team members within the department
• Continuous Improvement and Innovation
• Model Improvement: Assist in the implementing and reviewing model changes to improve the pricing models
• Innovative Solutions: Propose and implement innovative solutions to enhance pricing models and methodologies

Benefits

• 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