Fortitude Re

Senior Associate, Modeling Actuary

Fortitude Re

full-time

Posted on:

Location: 🇺🇸 United States

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Salary

💰 $110,000 - $160,000 per year

Job Level

Senior

Tech Stack

Python

About the role

  • Role involves maintaining and enhancing production models for Fortitude Re's Inforce block; supporting and leading modeling capabilities for strategic planning; collaborating with risk, investments, assumptions, capital management, financial reporting and controllership teams.
  • Redesign and automate actuarial workflows; improve efficiency, accuracy, internal capabilities.
  • Develop/test new modeling capabilities for strategic planning and business decision-making.
  • Conduct peer reviews.
  • Prepare reports and documentation for regulatory filings, audits, and internal reviews; support governance processes.
  • Analyze data and trends; respond to ad-hoc requests from senior management.
  • Salary range: base pay between $110k-$160k, plus annual bonus and benefits.

Requirements

  • Fellow of Society of Actuaries (FSA) or Associate of the Society of Actuaries (ASA) with 3+ years of experience post ASA required. International equivalent actuarial designation will be accepted.
  • 4+ years of insurance experience related to modeling, pricing, valuation, or risk management required, with EBS or Solvency II experience preferred.
  • Proficiency in Python, or similar programming languages (R Studio, C++).
  • Experience with database applications and business intelligence tools.
  • Experience with AXIS or similar actuarial projection or valuation software.
  • Strong analytical skills and ability to adopt a creative approach to solving complex process problems.
  • Ability to manage multiple work assignments and meet time commitments.
  • Strong oral and written communication skills.
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