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AVP, Reinsurance Integration & Operations

icon building Company : Fortitude Re
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Job Description - AVP, Reinsurance Integration & Operations

 


The AVP, Reinsurance Integration & Operations plays a key role in the end-to-end integration, operations & settlements of deals/transactions and our growing reinsurance portfolios. Oversees compliance of the reinsurance contractual requirements. Our Reinsurance Integration & Operations capability needs to be high functioning, stable and nimble to handle business growth in a rapidly changing environment. We are a high performing team that is available to meet the demands of a highly analytical workforce delivering on critical timelines to support our business objectives. This is a Hybrid role out of our Jersey City office.


What You Will Do:



  • Participate in the onboarding of reinsurance deals/transactions from due diligence through closing and transition to business-as-usual processing.

  • Collaborate with Counterparties and other external partners, as well as our internal functions across Information Technology, Finance, Operations, Actuarial, Investments and the New Business teams.  

  • Lead the reinsurance operations systems & processes, including coordination of counterparty settlement & treaty reporting requirements and operational support to controls and financial reporting requirements.     

  • Oversee the preparation of reinsurance analysis and remittances, ensuring proper controls and tracking, and completion of outstanding receivables / payables that are due to / from cedants.

  • Lead initiatives with Operations leaders to define our model reinsurance office, including project management of gaps, solutions implementation, KPIs, etc.  

  • Supervise and coach a team of senior associates and associates and manage their day-to-day responsibilities with the broader AVP/VP Ops leaders.  

  • Contribute to a culture of continuous improvement and enable a high-performing team.

  • Simplify, streamline and document operational and integration processes and playbooks, including collaborating across teams to further optimize efficiencies, capabilities.  

  • Project management of other operational and strategic initiatives.  


 


What You Will Have:



  • University degree, MBA or Graduate Degree is a plus. 

  • Minimum of 7+ years of relevant post-qualification experience within re/insurance. 

  • Expertise in re/insurance transactions structures, processes, systems and controls.

  • Working knowledge of US GAAP, and STAT reporting standards.

  • Experience leading time sensitive client facing projects and proven experience in successful execution.

  • Strong problem solving and analytical skills and ability to look at all matters creatively and with ingenuity.

  • Possess project management, business and collaboration skills, and be responsive to service needs and operational demands.  

  • Interest in/ability to lead, manage and coach senior associates and associates.   

  • Proven track record of liaising with a diverse team across multiple departments.

  • Proven ability to meet tight deadlines and respond to changing priorities.

  • Detail oriented, organized, motivated and results oriented.  

  • Proven ability to work independently. 


#LI-Hybrid


 

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