Senior Associate, Modeling

Fortitude Re • Nashville, TN

1d • Hybrid

About The Position

This role will be a member of the Fortitude actuarial modeling team, which serves the company by providing projections to support financial reporting and projection requirements covering US GAAP and Statutory, Bermuda Economic Balance Sheet, hedging and budget/plan. The primary responsibility of the position will be maintaining and enhancing production models for Fortitude’s Inforce block and standing up models for newly acquired business. This role will partner with risk, investments, assumptions, capital management, financial reporting and controllership teams at Fortitude to produce analysis required to manage the business. This role will be based in our Nashville, TN office on a hybrid basis.

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.
• Proficiency in Python, or similar programming languages (VB.NET, 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 ongoing efforts in model development, model testing and validation, and production for statutory, GAAP, Bermuda and hedging requirements.
• Execute timely model development with appropriate testing and validation.
• Conduct peer reviews.
• Execute timely ongoing production processes and deliverables to stakeholders.
• 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 and occasionally lead process improvement and automation initiatives.
• Support senior management on any ad-hoc requests such as assumption development, due diligence, future acquisitions, etc.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed