Senior Associate, Modeling

Fortitude Reinsurance Company Ltd. (Fortitude Re) is a leading provider of legacy reinsurance solutions with a general account of approximately $111 billion. Incorporated in Bermuda since 2017, the company works with major insurance carriers worldwide, leveraging deep insurance expertise and proprietary risk modelling to deliver tailored transactions.

Position — Actuarial Modeler, Jersey City, NJ (Hybrid). This role will be a member of the Fortitude actuarial modeling team, delivering projections for US GAAP, Statutory, Bermuda Economic Balance Sheet, hedging, and budgeting, while maintaining and enhancing production models for the Inforce block and newly acquired business.

• Support the redesign and automation of actuarial workflows to improve efficiency, accuracy, and internal capabilities.
• Lead process‑improvement initiatives to enhance operational effectiveness and drive modernization.
• Develop and test new modelling capabilities for strategic planning and business decision‑making.
• Collaborate with cross‑functional teams to prepare reports and documentation for regulatory filings, audits, and internal reviews.
• Execute controls and governance processes.
• Analyze data and trends to support senior management on ad‑hoc requests such as assumption development, due diligence, and future acquisitions.

• Fellow or Associate of the Society of Actuaries (FSA/ASA) with at least 3 years post‑ASA experience; international actuarial designations accepted.
• Undergraduate degree in actuarial science or related field.
• 4+ years in insurance, model‑oriented roles such as pricing, valuation, or risk management; EBS or Solvency II experience preferred.
• Proficiency in Python (or comparable languages such as R or C++).
• Experience with database and business‑intelligence tools.
• Experience with AXIS or similar actuarial projection or valuation software.
• Strong analytical skills and creative problem‑solving ability.
• Capacity to manage multiple assignments and meet deadlines.
• Excellent oral and written communication skills.

Base Salary Range: $110,000 – $160,000 USD (commensurate with experience). All employees are eligible for an annual bonus and a generous benefits package.

Seniority level: Mid‑Senior level

Employment type: Full‑time

Job function: Other

Industries: Technology, Information and Internet

Fortitude Re embraces diversity, equity and inclusion and is an equal‑opportunity employer. All qualified applicants are considered without regard to race, color, religion, sex, pregnancy, national origin, age, disability, marital status, sexual orientation, gender identity or expression, genetic information, military or veteran status, or any other protected characteristic.

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