Remote opportunity at
Fortitude ReAVP, Financial Controls
Fortitude Reinsurance Company Ltd. is a global provider of legacy reinsurance solutions, managing about $111 billion across life, annuity, and property and casualty insurance products with…
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About This Role
Fortitude Reinsurance Company Ltd. is a global provider of legacy reinsurance solutions, managing about $111 billion across life, annuity, and property and casualty insurance products with backing from institutional investors including The Carlyle Group and T&D Insurance Group. The organization is seeking an AVP, Financial Controls to oversee and maintain its Internal Control over Financial Reporting Program. In this remote position, the professional will manage yearly program risk assessments, implement…
Job Description
Fortitude Reinsurance Company Ltd. is a global provider of legacy reinsurance solutions, managing about $111 billion across life, annuity, and property and casualty insurance products with backing from institutional investors including The Carlyle Group and T&D Insurance Group. The organization is seeking an AVP, Financial Controls to oversee and maintain its Internal Control over Financial Reporting Program.
In this remote position, the professional will manage yearly program risk assessments, implement internal controls for US Statutory reporting under National Association of Insurance Commissioners rules, and integrate Bermuda Monetary Authority requirements. The role collaborates closely with senior leadership such as Controllers, Operations, Legal and Compliance, and segment heads, reporting directly to the SVP and Head of Finance Operations.
This role suits an accounting professional with substantial experience in the life and annuities industry and public company environments. The position involves driving process improvements, automation, and effective stakeholder communication across diverse cultures.
Responsibilities
- Manage parts of the annual ICFR Program risk assessment and scoping by monitoring significant changes, evaluating findings, and reporting control deficiencies
- Collaborate with internal business teams to remediate material weaknesses and significant deficiencies, and assist external auditors during public company readiness assessments
- Interact with internal and external audit teams to drive efficiencies through greater reliance on internal controls
- Prepare ICFR Program updates and communications for key stakeholders and the Audit Committee
- Help establish and implement internal control testing operations, setting protocols for financial reporting controls, ongoing monitoring, and deficiency remediation
- Pursue process automation and uniform controls utilizing financial systems and technology to boost design and operating effectiveness
- Communicate and collaborate effectively across various cultures and organizational levels
Requirements
- Bachelor degree or higher in accounting
- Six or more years of professional experience in the Life and Annuities sector with a public company focus
- Thorough knowledge and application capability regarding US GAAP and US Statutory Accounting Principles and reporting rules
- Professional verbal and written communication abilities
- Interpersonal, collaborative, and conflict resolution capabilities
- Capacity to design and present information clearly to senior management, auditors, and partners
- Aptitude for problem definition, data collection, fact establishment, and logical conclusions
Qualifications
- Certified Public Accountant, Chartered Accountant, or equivalent credential
Core Skills
Benefits
- Base salary ranging from USD 145,000 to 165,000 per year
- Annual bonus eligibility tied to individual and company performance
- Comprehensive benefits package
Frequently Asked Questions
Answers are based only on the employer’s listing; where it doesn’t say, neither do we.
What is the location policy for the AVP, Financial Controls role?
This position is designated to be based remotely.
What is the salary range for this position?
The base salary ranges from USD 145,000 to 165,000 per year, determined based on candidate experience and geographic labor costs.
What educational or professional credentials are required?
Candidates must hold a Bachelor degree or higher in accounting alongside a CPA, Chartered Accountant, or equivalent qualification.
What additional compensation is offered beyond base pay?
Employees are eligible for an annual performance-based bonus alongside a benefits package.
Sample Interview Questions
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