Hybrid AVP, Portfolio Management & ALM bei Fortitude Re
Fortitude Re · Jersey City, New Jersey, US, Vereinigte Staaten Von Amerika · Hybrid
- Senior
- Optionales Büro in Jersey City, New Jersey, US
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 $111 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 AVP, Portfolio Management & ALM role is responsible for translating strategic asset-allocation targets into clear mandates for external managers, monitoring performance and risk, and steering tactical moves that enhance both return and liability alignment. This is a Hybrid role out of the Jersey City Office.
What You Will Do:
- Manage existing portfolios in line with cedant guidelines and Fortitude Re’s risk framework, ensuring timely asset rotation and efficient deployment of surplus capital.
- Lead recurring discussions on market opportunities, portfolio performance, compliance with guidelines, and tactical shifts across public and private fixed-income markets.
- Identify market dislocations and propose trades that add value while maintaining alignment with liability profiles.
- Collaborate with Treasury and Trading desks to track duration, convexity, and liquidity, and FX exposures; recommend hedging or rebalancing actions as needed.
- Develop and maintain monitoring, tracking, and reporting tools that give real-time insight into portfolio performance, risk, and guideline adherence.
- Work closely with Actuarial, Risk, Capital, Finance, and Treasury teams to support pricing, due-diligence efforts, and company-wide initiatives.
What You Will Have:
- Bachelor’s degree in Finance, Economics, Mathematics, or a related discipline; CFA or comparable actuarial/risk credentials preferred.
- 7+ years in insurance asset management, fixed-income portfolio management, or roles focused on liability-driven investment mandates
- Proven ability to analyze complex cash-flow profiles and craft investment solutions that balance return, risk, and regulatory constraints.
- Exceptional written and verbal communication skills; able to articulate sophisticated concepts to senior stakeholders.
- Strong analytical mindset with meticulous attention to detail and a track record of meeting deadlines in time-sensitive settings.
- Deep familiarity with fixed-income markets across public and private sectors, ALM principles, and portfolio performance measurement is viewed favorably.
- Proficiency with Microsoft Office; experience working with large data sets and coding in Python or SQL is a plus.
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.
At Fortitude Re, our strength has always come from our people. Our success is deeply rooted in our ability to embrace the unique attributes, perspectives and experiences of every individual within our company. Fostering a culture of inclusion and belonging where everyone—regardless of background, race, religion, sexual orientation or gender identity—feels valued and respected is a foundation of our culture.
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)
