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Fortitude Re

Fortitude Re

Associate, Actuarial Applications

Associate, Actuarial Applications

Job Details
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Uploaded On
August 25, 2024
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Location
Nashville, United States
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Remote?
No
Company Overview
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Headquarters
Pembroke, Bermuda
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Number of Employees
107
Estimated Number of Actuaries
111
Salary
$
100
k-$
125
k
Glassdoor Ratings
""
Recommend to a Friend
57%
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Overall Score
3.2 / 5

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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 $55 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 Re's roots in the insurance industry and the experience of their leadership go back many decades. Fortitude Re's 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 Associate, Actuarial Applications will support technology initiatives and be responsible for data and applications for use across our Actuarial teams. The role is frequently engaged with our Senior Associates to build and deploy a well-governed data solutions architecture to ensure data and application flows are automated and offer end-to-end processing using a cloud-first enterprise technology stack. This role is based in our Brentwood, TN office on a hybrid basis.

What You Will Do:

  • Implement strategic and tactical initiatives related to data infrastructure, data modeling, analytics/reporting, Python development, cloud computing (AWS and Azure), and applications development


  • Operate in an agile development environment, applying DevOps principles


  • Understand current state data pipelines/processes and contribute to future state optimization


  • Ingest and analyze new/existing data sets and implement end-to-end processing


  • Implement data processing (ETL/ELT) pipelines and data approval workflows


  • Test and debug applications


What You Will Have:

  • Bachelor's degree in Math, Computer Science, Engineering or similar field


  • Experience with dashboarding systems (Power BI, Tableau, etc.)


  • Domain knowledge of insurance or reinsurance (preferred)


  • Minimum experience of one year in programming (Python, Julia and/or R) and SQL


  • Experience in building cloud-based data solutions in AWS


  • Ability to collaborate on projects and work independently when required


  • Prior knowledge and experience in the fintech, investment banking or insurance industry


  • Excellent analytical, problem solving and conceptual skills


  • Strong verbal and written communication skills.

#LI-Hybrid

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

$100,000-$125,000 USD

What We Offer:

We offer our employees competitive benefits in a fast-paced, dynamic and nimble culture including:
  • 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
  • For all Actuarial Life AVP and above roles not based out of our Nashville, TN office: 30% travel is required to our Nashville, TN office

At Fortitude Re, we believe that diversity and inclusion are critical to our future and our mission- creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

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.

Check us out on YouTube: About Fortitude Re (youtube.com)

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Working at 

Fortitude Re

Fortitude Re is a prominent global firm specializing in acquiring and managing legacy insurance liabilities. By merging actuarial expertise with investment acumen, they effectively manage risk, streamline operations, and maximize capital efficiency. Their professionals' diverse skill set enables the firm to offer tailored solutions to insurance and reinsurance clients. Fortitude Re is committed to strengthening insurance market stability while providing opportunities for growth and returns, cementing its position as a trusted partner in the industry.

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