AVP, Financial Reporting

About the Company

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.

Position Summary

Reporting to the VP, Financial Reporting, the AVP, Financial Reporting will be responsible for assisting in the preparation of all US GAAP financial reporting requirements across all business entities.

What You Will Do:

• Oversee and prepare group consolidations in support of quarter- and year-end close
• Support the US GAAP external and internal reporting process including the preparation of annual US GAAP financial statements, management discussion and analysis, and any presentation for internal and external parties including but not limited to the Disclosure Committee, Audit Committee, Board, Investors, Banks, as well as Rating Agencies
• Prepare the financial reporting requirements for any Debt Issuance
• Ensure all controls and government processes in accordance with company and industry standards are being followed and accurately recorded
• Assist with the maintenance and on-going development of the internal control framework as it relates to financial and statutory reporting
• Participate in process improvement and other ad hoc projects as required
• Act as a key liaison with internal and external auditors on work related to financial reporting
• Significant interaction and coordination with the actuarial, investments and tax teams

What You Will Have:

• University degree in accounting or finance
• Internationally recognized accounting designation (CPA) and a minimum of 7 years of relevant post-qualification experience within insurance
• Previous experience in financial reporting is required
• Working knowledge of US GAAP reporting standards. If role supports Group Controllership, working knowledge of US Statutory and Bermuda Statutory (SFS) reporting standards also applies
• Possess strategic and analytical problem-solving skills
• Ability to work at a fast pace and/or handle shifting priorities
• Detail oriented and highly organized
• Possess strong communication and analytical skills
• Highly motivated and results-oriented
• Proven ability to work independently
• Very strong written, verbal, and interpersonal communications skills to clearly articulate sophisticated concepts, ideas, and processes