Fortitude Re is hiring a
Treasury Intern

Summary

Join our 9-week Internship Development Program and gain insight into the insurance industry. As a Treasury Intern, you will have the opportunity to apply knowledge gained through your college courses and enhance your business acumen.

Requirements

• Rising college senior pursuing a bachelor’s degree in finance, accounting, economics or investments
• Planning to obtain CTP, CPA or CFA; CTP viewed positively and would be supported by the team
• Ability to work collaboratively in-person and from remote locations
• Strong communication and analytical skills
• Willingness to express ideas and participate in problem solving
• Strong written, verbal, and interpersonal communications skills

Responsibilities

• Assist the head of derivatives collateral with daily margin calls, trade capture and trade reporting
• Assist the head of Treasury Management Systems (TMS) with SAP TMS testing and documentation
• In collaboration with Investment Operations and Treasury teams, assist in managing state deposit requirements and pledges
• Evaluate market rate changes and potential impact on hedges and other collateralized positions
• Produce short-term cash and investments portfolio reporting and cash flow forecasting
• As necessary, coordinate with the Treasury head of borrowing programs to execute repo and FHLB secured borrowings on a committed and uncommitted basis to add sources of liquidity
• Perform bank account administration functions to support data capture
• Assist Treasury team with risk and control assessments and implementing improvements as identified
• Assist in maintaining, updating, and standardizing all Treasury related documentation, (operations procedures, outstanding agreements, banking policies)

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