Remote Vice President, Tax Planning and Analysis

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.

This role reports directly to the SVP, Head of Tax and is responsible for leading multiple tax planning and analysis workstreams.  This role focuses on providing strategic tax advice to Fortitude’s Senior Management and the Company’s Board of Directors in support of the company’s business objectives and other planned initiatives. Specifically, this individual will be responsible for leading the Company’s forward-looking taxable income and effective tax rate projection processes, acting as a liaison with the Company’s FP&A and Strategic Finance teams, and overseeing the tax-focused competitor analysis process.  The role requires a deep understanding of the Company’s consolidated tax profile, with the ability to integrate workstreams from the Tax Strategy and Tax Operations teams into broader projection efforts.

What You Will Do:

• Lead the company’s taxable income and effective tax rate projection process, including managing data requests from groups outside tax and coordinating the necessary tax support needed from Tax Operations and Tax Strategy departments.
• Act as a liaison for Tax within FP&A and Strategic Finance, including the ability to explain the tax profile of Fortitude and the nature and extent of the pre-tax data that will need to be compiled for tax planning purposes.
• Lead the company’s quarterly valuation allowance process, including the preparation of necessary workpapers, supporting memoranda, and control documentation.
• Lead the Tax Department’s efforts on a quarterly basis to document the proper tax legal and tax accounting associated with Fortitude’s intercompany transactions, including coordination with Tax Operations and Tax Strategy, and incorporating the impact in the taxable income and effective tax rate projection process.
• Lead the Tax Department’s competitor analysis process.
• Lead the Tax Department’s efforts with maintaining U.S. and non-U.S. earnings and profits balances.
• Lead the Tax Department’s efforts with maintaining subsidiary tax basis for the company’s U.S. and non-U.S. structures.
• Mentor and coach tax professionals within Tax Operations and Tax Strategy that will provide the support and assistance on the various workstreams outlined above, including coordination of schedules with the VP, Tax Strategy and the VP, Tax Operations.
• Engage and manage relationships with external tax advisors, auditors, and consultants.

What You Will Have:

• Bachelor’s degree in Accounting, Finance, or a related field required
• CPA, CMA, or other relevant certifications is a plus
• Advanced degree (e.g., MBA, Master’s in Taxation) is a plus
• Minimum of 12 to 15 years’ tax experience in a corporate tax department or public accounting firm (Big 4 audit firm)
• Insurance tax experience and familiarity with tax issues for multinational financial institutions is required
• Proven experience in managing tax compliance, tax provision, and tax planning functions
• Experience in a leadership or senior managerial role within the tax function
• Must be a self-starter and a problem solver
• Strong analytical and strategic thinking skills
• Proficiency in tax software and financial systems
• Must have strong issue identification skills
• Must possess efficiency, honest/integrity, organizational, and planning skills
• Must follow-through on commitments; be intelligent, and possess strong analytical skills
• Attention to detail, proactive, flexibility/adaptability, and enthusiastic
• Strong work ethic, listening skills, openness to criticism and new ideas
• Excellent written and verbal communication skills
• Ability to articulate complex issues/themes to the Head of Tax and Senior Management
• Foster a collaborate team environment and work effectively with Fortitude’s various tax teams and other departments in the company and its outside advisors

#LI-Remote

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

$190,000—$240,000 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.

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