Assistant Vice President, Capital Forecasting - Finance

Job Description

The AVP, Capital Management Forecasting - Finance will be a member of the Capital Management Forecasting Team (CMFT), Fortitude Re’s centralized forecasting function delivering consolidated forecasts across management earnings and valuation, regulatory and rating agency, and debt covenant bases to support the company’s strategic decision-making. This position reports to the VP, Capital Forecasting Finance Manager and contributes directly to forecasting financial based metrics and integration of results into enterprise applications. CMFT partners closely with Actuarial Modeling, Investments, Treasury, and Finance, and delivers results to a broad range of internal and external stakeholders.

What You Will Do:

• Execute the quarterly production of financial-based forecast outputs, including management earnings and valuation, US GAAP, and financial-based capital constraints such as leverage ratios, across a range of scenarios and sensitivities.
• Support the development and maintenance of US GAAP-based projections, partnering with Finance on reconciliations to ensure consistency between forecast outputs and the enterprise financial reporting framework.
• Conduct detailed attribution of forecasting model results for period-over-period movements, and reconciliations of capital-based forecasts to actual and Budget results.
• Support the definition and documentation of business requirements and assist the Actuarial Modeling team in investigating issues, testing new functionality and validating changes prior to production deployment.
• Perform trend analysis to validate that forecasted reporting items are consistent with, or clearly explainable relative to, actual reported results, with particular focus on US GAAP and management basis outputs.
• Execute controls as designed to ensure the accuracy and auditability of all projection outputs and escalate issues for resolution as they arise.
• Develop and maintain supplementary processes and analytical tools to extend the enterprise forecasting model’s coverage, ensuring reporting requirements are met across entities, accounts, and business segments not directly modeled within the core architecture.
• Contribute to automation and model architecture improvement initiatives to reduce manual processes and improve scalability across forecasting outputs.
• Support the preparation of senior management and board-level reporting materials, including capital forecast summaries and variance analyses.