AVP, Financial Controls

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Fortitude Re

WebsiteLinkedInAll Job Openings

201 - 500 employees

💸 Finance

⚕️ Healthcare Insurance

Finance • Healthcare Insurance

Fortitude Re is a reinsurance company that specializes in helping insurance companies around the world address their complex risk transfer challenges. The firm designs and delivers customized solutions for legacy Life & Annuity and Property & Casualty (P&C) insurance lines. Backed by experienced investor groups including The Carlyle Group and T&D Insurance Group, Fortitude Re prides itself on its leadership with over 20 years of industry experience to effectively manage legacy liabilities. Fortitude Reinsurance Company Ltd. , along with its subsidiaries, operates globally with a significant presence in Hamilton, Bermuda.

📋 Description

• Lead certain areas of the annual ICFR Program risk assessment and scoping process including monitoring significant changes and evaluating and reporting identified control deficiencies • Partner with the Business to support the remediation of significant deficiencies and material control weaknesses and external auditors in the public company readiness assessments • Engage with internal and external auditors in the execution of their work, to promote efficiencies through increased reliance on internal controls • Develop ICFR Program communications for key stakeholders including the ICFR and Audit Committee • Assist in the development and implementation of the internal controls testing function, including establishing protocols for testing financial reporting controls, ongoing monitoring and overseeing the remediation of identified deficiencies • Seek uniformity and automation of controls across the Company through efficient use of financial systems and innovative technology to enhance and continuously improve the design and effectiveness of controls, including efficiencies in the documentation, assessment, and testing of controls • Supports our core values by communicating and teaming effectively across different cultures and levels within the organization.

🎯 Requirements

• Bachelor’s degree or higher in accounting • CPA, Chartered Accountant or equivalent • Six (6) or more years of experience in the Life & Annuities industry, with a focus on public companies • Strong understanding of and ability to apply relevant US GAAP and US Statutory Accounting Principles and reporting requirements • Clear and professional verbal and written communications • Strong interpersonal, collaborative and conflict resolution skills • Ability to effectively design and present information to senior management, auditors and business partners • Ability to define problems, collect data, establish facts and draw conclusions • Agility and ability to work effectively both as part of a team and independently • Keeps current on best practices and latest thinking regarding processes and controls.

🏖️ Benefits

• Annual bonus based on company and individual performance • Generous benefits package