AVP, Valuation Actuary Manager

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. Fortitude Re is committed to being an equal opportunity employer and evaluates qualified applicants without regard to race, color, religion, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, diversity of thought and any other characteristic protected by applicable law.

The AVP, Valuation Actuary Manager will be a key member of the Fortitude Life and Annuity Valuation team, supporting valuation and financial reporting requirements for US GAAP and statutory accounting for nontraditional reinsurance and acquired businesses. This position reports to the VP, Valuation Actuary and is responsible for performing the valuation and financial reporting of fixed deferred and indexed annuities. The AVP will align the business line’s financial reporting to corporate and accounting policies, governance, and control framework and procedures.

This role will be based in our Nashville, TN office on a hybrid basis.

• Perform valuation (US GAAP/LDTI, statutory, and tax) requirements for Fortitude’s reinsurance transactions and acquisitions, aligning to corporate and accounting policies and controlling framework.
• Perform the periodic US GAAP/LDTI, statutory, and tax valuation and financial reporting for Fortitude Re’s businesses, including fixed deferred annuities and indexed annuities.
• Assist with the onboarding of new deals into the Fortitude environment, drafting test tools that replicate modeled results, implementing business requirement memorandums, and supporting the construction of the opening balance sheet.
• Supervise directly and/or indirectly a team supporting valuation work and financial reporting, reviewing input data for completeness, accuracy, and reserves for reasonableness.
• Support US statutory blue book reporting requirements, if applicable.
• Ensure that all valuation activities follow Fortitude Re’s Internal Controls for Financial Reporting Framework.
• Perform analytics and prepare analysis of financial results.
• Work with the Modeling team to manage and execute the building and maintenance of Fortitude Valuation Systems (FVS) AXIS models, including user‑acceptance testing through change management processes.
• Develop audit tools to validate reserve calculations.
• Assist in process improvement efforts, particularly automation using Python, Git Hub, and other technology platforms.
• Respond to internal and external auditor requests.
• Execute on ad hoc projects.
• Supervise and mentor Senior Associates and Associates, fostering a collaborative and high‑performance environment.
• Assist in recruiting, training, and developing valuation team members, ensuring they have the necessary skills and knowledge.

• 5+ years of…