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 $111 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.
The AVP, Investment Accounting is responsible for day-to-day ownership and oversight of investment data management, accounting, reporting & analytics including transaction processing, reconciliations, valuation governance, internal controls, and financial reporting across GAAP, STAT, Bermuda SFS, and EBS. The role serves as a senior technical leader and subject matter expert, ensuring investment accounting processes operate with accuracy, timeliness, and strong controls. The AVP, acts as a key escalation point for complex accounting and valuation issues, and provides clear, decision-useful analysis and reporting support to senior leadership. This role provides technical oversight, guidance and coordination to accounting staff and offshore resources, driving consistent execution and continuous improvement. This role reports to the VP, Investment Accounting.
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Own day-to-day investment accounting and reporting processes across GAAP, STAT, Bermuda SFS, and EBS under the direction of the VP.
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Ensure investment transactions (purchases, sales, maturities, paydowns, coupon payments, repos, securities lending) are processed completely, accurately, and on time.
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Execute valuation governance activities, including fair value hierarchy reviews, stale price monitoring, pricing analysis, and override documentation.
At Fortitude Re, our strength has always come from our people. Our success is deeply rooted in our ability to embrace the unique attributes, perspectives and experiences of every individual within our company. Fostering a culture of inclusion and belonging where everyone—regardless of background, race, religion, sexual orientation or gender identity—feels valued and respected is a foundation of our culture.
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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