Senior Actuarial Analyst, ADP

Fortitude ReNashville, TN
Hybrid

About The Position

Fortitude Reinsurance Company Ltd. (Fortitude Re) is a leading provider of legacy reinsurance solutions, working with global insurance companies to execute transformational solutions for legacy Life & Annuity and P&C lines. The company manages a significant general account and is backed by sophisticated institutional investors. Fortitude Re's leadership team possesses extensive industry experience and a proven track record in managing complex legacy liabilities. The Sr. Actuarial Analyst, ADP will be part of the Fortitude Re Life, Casualty, or Capital Management Actuarial Team, assisting with various actuarial functions including Valuation, Financial Reporting, Modeling, Experience Studies, Assumptions, Capital Management, Inforce Management, and Pricing. This role is part of the Actuarial Development Program (ADP), which supports actuarial exam progression. The position is based in Nashville, TN, with a hybrid work arrangement.

Requirements

  • A Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field.
  • Passed at least 4 actuarial exams.
  • 1.5 years of experience minimum.
  • Strong proficiency in Excel.
  • Ability to assist on multiple work assignments and meet time commitments.
  • Ability to work well both independently and with others.
  • Highly motivated, inquisitive and results oriented.
  • The desire and ability to deliver accurate and completed work products.
  • Strong oral and written communication skills.

Nice To Haves

  • Proficiency with Python and/or Julia is preferred.
  • Experience with actuarial software (AXIS) is a plus.
  • Familiarity with SQL, Power BI, or other data analytics tools will be very useful.

Responsibilities

  • Periodic US GAAP, Statutory, and Tax valuations.
  • Analysis and preparation of financial results.
  • Building, maintenance and execution of models.
  • Coding and testing of programs, processes and models.
  • Ensuring that all work aligns with the Fortitude Re Control Framework.
  • Technical reviews of work done by other teams or colleagues.
  • Process improvement efforts and automation.
  • Responding to internal and external auditor requests.
  • Ad hoc project work.
  • Analysis of hedging strategy and ALM strategy development, in coordination with risk management and the investments hedging team.
  • Continue to pass actuarial exams and modules to maintain status in the Fortitude Re ADP to earn your Associateship or Fellowship.
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