Senior Associate, Capital Forecasting - Finance

Job Description

The Senior Associate, Capital 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 assigned components of the quarterly financial-based production process.
• Support the development and maintenance of US GAAP-based projections, performing reconciliations to ensure consistency between forecast outputs and the enterprise financial reporting framework.
• Prepare period-over-period variance analyses for assigned financial forecast outputs, identifying and documenting key drivers for review by senior team members.
• 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.
• Gather and incorporate current business developments and management assumptions into forecast models as directed, ensuring input reflects the latest available information.
• Execute controls as designed to ensure the accuracy and auditability of all projection outputs.
• Maintain supplementary processes and analytical tools to extend the enterprise forecasting model’s coverage.
• 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 commentary for management committees.

What You Will Have:

• Undergraduate degree required with finance, accounting, actuarial science and other quantitative fields preferred.
• 5+ years of experience in financial reporting, FP&A or a related field within the insurance/reinsurance industry.
• CPA, CFA, or equivalent accounting designation preferred.