AVP, Investment Accounting

March 15

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Fortitude Re

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Bermuda’s largest multi-line reinsurance company

Reinsurance • Legacy Portfolio • Composite reinsurer • Runoff • Long-term solutions

201 - 500

Description

• Managing the month-end and quarter-end close of all investment accounting and reporting • Performing detailed analysis of investment results and communicating to senior management under both GAAP and Statutory (US STAT) reporting • Overseeing the investment component of periodic settlements of reinsurance and funds withheld transactions • Conformance with the investment accounting internal control environment under Sarbanes Oxley and NAIC Model Audit Rule • Managing and reviewing activity in the GL, reconciliations, audit support, and ad hoc projects • Prepare ASC 810 consolidation analyses on private equity investments each quarter • Participating in quarterly control reviews • Managing and assisting compilation of quarterly and yearly footnotes, MD&A, Statutory investment exhibits, debt reporting covenants, valuation committee and audit committee reports • Assisting with internal and external audits, related testing and the completion of audit work papers • Explaining fluctuations in portfolio movements to Management

Requirements

• Bachelor’s or Graduate degree in Accounting or Finance with CPA or equivalent accounting certification • Minimum 8 years accounting experience, with 4 or more years of investment accounting experience with an insurance/reinsurance • Knowledge of investment products, including public and private Fixed income, equity, derivatives, and foreign exchange instruments • Investment reporting experience • Experience working with asset managers • Experience with Life, Annuities and Property Casualty lines of business • Strong analytical and project management skills • Ability to apply U.S. GAAP and STAT investment accounting principles and reporting • Proven track record for exceeding expectations on various, simultaneous projects with tight deadlines • Capable of communicating and expressing ideas clearly and concisely, in both written and verbal formats • Proficient in Microsoft Office products, with strong proficiency in Microsoft Excel • Ability to build and maintain working relationships with internal and external asset managers, accounting, compliance, actuarial, management, and systems personnel from junior staff to executive level • Experience with Clearwater investment accounting platform highly desired

Benefits

• Unlimited PTO policy • Up to 12 paid company holidays • Up to 16 hours per year of paid volunteer time • Competitive 401(k) plan - US Employees Only • Paid parental leave • Learning and Development Stipend • Mental Health and Wellbeing support • Health, vision, dental, and life insurance with additional access to health and wellness programs • Flexible working environment • Actuarial Exam Support through our Actuarial Development Program (ADP) for Actuarial employees • Actuarial Program Rotation for ADP employees