Senior Associate, Quantitative Developer

Fortitude Reinsurance Company Ltd. (Fortitude Re) is one of the worlds leading providers of legacy reinsurance solutions. They work with the worlds 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 Res roots in the insurance industry and the experience of their leadership go back many decades. Fortitude Res 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.   Click here  for more information about Fortitude Re.

The Senior Associate, Quantitative Developer will be responsible for building and maintaining financial modeling. Develop analytics to support the evaluation of existing investments and prospective investments. What You Will Do : Assist with onboarding complex vendor models to generate cash flows, analyze portfolio risk and conduct scenario analysis. Develop quantitative data driven analysis to evaluate select prospective and existing investments. Facilitate in the preparation of written materials to document investment assumption changes and supporting rationale. Develop automated and efficient reporting to monitor portfolio positions, attribution, exposures, risk, performance and compliance and explain such information to Fortitude Res senior management. Co-ordinate data requests between Fortitude Re and various third parties including but not limited to our asset managers. Comfortable with large amounts of data and ability to clean / format datasets for downstream purposes would be ideal. What You Will Have : A degree in finance, math, statistics, operations research, economics, and / or investments 5+ years of experience in financial analytics and modeling. Knowledge of Python, advanced Excel skills, Bloomberg is preferred.??Familiarity with other data science / programming techniques (SQL, R, MatLab) is a plus. Very strong written, verbal and interpersonal communications skills to clearly articulate complex concepts, ideas and processes. Willingness to work towards CFA designation is preferred. Entrepreneurial with a desire to work in a start-up environments. Desire to deliver a complete work product. Strong oral and written communication skills. Highly motivated and results-oriented. Strong analytical skills. Ability to work independently.

The base salary range for this role is listed below and will be commensurate with candidate experience. Pay ranges for candidates may differ based on the cost of labor in that location. In addition to base salary, all employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package.

Base Salary Range

130,000 — $150,000 USD

At Fortitude Re, our strength has always come from our people. Our success is deeply rooted in our ability to embrace the unique attributes, perspectives and experiences of every individual within our company.  Fostering a culture of inclusion and belonging where everyoneregardless of background, race, religion, sexual orientation or gender identityfeels valued and respected is a foundation of our culture.

We are committed to being an equal opportunity employer and evaluate 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.

To all recruitment agencies :   Unless you have been requested to work on this position, or other positions with Fortitude Re, please do not forward any resumes to Fortitude Re employees.  Fortitude Re is not responsible for any fees related to unsolicited resumes.

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