Senior Associate, Modeling

Summary

Join Fortitude Re, a leading provider of legacy reinsurance solutions, as a member of the actuarial modeling team. You will maintain and enhance production models for the Inforce block and develop models for newly acquired business. Collaborate with cross-functional teams to produce analysis for business management. Support the redesign and automation of actuarial workflows, lead process improvements, and develop new modeling capabilities. Conduct peer reviews and contribute to regulatory filings, audits, and internal reviews. Analyze data, support senior management on ad-hoc requests, and execute controls and governance processes. This role requires a Fellow of the Society of Actuaries (FSA) or Associate of the Society of Actuaries (ASA) designation with relevant experience and proficiency in programming languages like Python.

Requirements

• Fellow of Society of Actuaries (FSA) or Associate of the Society of Actuaries (ASA) with 3+ years of experience post ASA required
• International equivalent actuarial designation will be accepted
• 4+ years of insurance experience related to modeling, pricing, valuation, or risk management required, with EBS or Solvency II experience preferred
• Proficiency in Python, or similar programming languages (R Studio, C++)
• Experience with database applications and business intelligence tools
• Experience with AXIS or similar actuarial projection or valuation software
• Strong analytical skills and ability to adopt a creative approach to solving complex process problems
• Ability to manage multiple work assignments and meet time commitments
• Strong oral and written communication skills

Responsibilities

• Support the redesign and automation of actuarial workflows to improve efficiency, accuracy, and internal capabilities
• Support and occasionally lead process improvement efforts to enhance operational effectiveness and contribute to long-term modernization goals
• Assist with the development and testing of new modeling capabilities used to support strategic planning and business decision-making
• Conduct peer reviews
• Collaborate with cross-functional teams and participate in support efforts for preparation of reports and documentation for regulatory filings, audits, and internal reviews
• Execute controls and governance processes
• Analyze applicable data and trends
• Support senior management on any ad-hoc requests such as assumption development, due diligence, future acquisitions, etc

Preferred Qualifications

EBS or Solvency II experience

Benefits

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