VP, Finance Business Partner

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.  for more information about Fortitude Re.

The Vice President, Finance Business Partner is a strategic leadership role responsible for overseeing the finance operations of the Legal & Compliance, People & Culture, Finance, Growth and Risk and Operations functions within a multi-line reinsurance company. This leadership role requires a broad understanding of Information Technology, Finance, Facilities and Administration, Operations, Legal and People & Culture as it relates to a reinsurance entity.

The successful candidate will work closely with the Chief Operations Officer, Chief Finance Officer, General Counsel and Chief People Officer to drive financial performance and support strategic decision-making. Additionally, the role will serve as a conduit between finance and Operations, Legal & Compliance, People and Culture, presenting to business leaders and executive leadership on investment activities impacting the broader organization.

This role will be based in our Jersey City, NJ office on a hybrid basis.

• Financial Leadership: Provide strategic financial leadership for the lines of business listed above including financial planning, budgeting, forecasting, and analysis.
• Segment Support: Collaborate with designated segment to provide business partner support including reporting and analysis to optimize functions.
• Regulatory Compliance: Ensure compliance with all relevant regulatory requirements and standards, including financial reporting and solvency regulations.
• Performance Management: Monitor and analyze financial performance, identify trends, and provide actionable insights to senior management.
• Strategic Planning: Support the development and execution of strategic initiatives including development of key performance indicators (KPIs) to drive growth and profitability for the aligned business segments.
• Stakeholder Communication: Communicate financial results and strategic plans to internal and external stakeholders, including the board of directors, investors, and regulatory bodies.
• Team Leadership: Lead and mentor within a high-performing finance team, fostering a culture of excellence and continuous improvement.

• Bachelor’s degree in Finance, Business Administration, Accounting, Economics, or related field. MBA, CFA, or other advanced finance qualifications preferred.
• 10+ years’ experience in a senior financial leadership role within the reinsurance or insurance industry.
• Strong knowledge of reinsurance industry…