Associate, Investments (Fixed Income)
About The Position
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. The Associate, Investments will work closely with Investment team members to perform actuarial and financial modeling, sensitivity analysis, pro-forma projection and big data analysis to improve portfolio performance, evaluate investment strategies, and support risk and capital management along with overall portfolio management. Responsible for building analytical tools, identifying and measuring key risk factors, and streamlining reporting to maximize efficiency and scale.
Requirements
- Bachelor's degree in a quantitative or financial discipline.
- 2 years of experience within investment banking environment, and/or financial analytics.
- Strong analytical capabilities.
- Knowledge of financial markets and investment products.
- Knowledge of ALM, insurance products, and financial modeling experience.
- Strong technical background in analysis and reporting using MS Office.
- Ability to demonstrate leadership and ownership over responsibilities and ability to collaborate across various teams.
- Excellent documentation habits, oral and written communication and presentation skills, including the ability to distill complex ideas into simple explanations.
Nice To Haves
- Knowledge of Bloomberg and advanced Excel skills is preferred.
- Familiarity with Python, R, Matlab, SQL is a plus.
Responsibilities
- Support daily management of existing asset portfolios.
- Build and review attribution tools to analyze key drivers and suggest ways to improve portfolio performance.
- Collaborate with asset managers to develop investment recommendations based on market conditions.
- Evaluate new investment opportunities and the efficacy of interest rates and FX hedging strategies.
- Collaborate with other areas of the company to perform capital and risk analysis such as asset modeling, cash flow testing and economic valuation.
- Review and enhance data flow and process efficiency.
- Build strong working relationships across the firm.
Benefits
- annual bonus based on company and individual performance
- generous benefits package
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
