Associate, Tax

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 Sr. Associate, Tax is an individual contributor responsible for managing the day-to-day activities related to the company’s consolidated tax provision process, investment-related tax matters, and tax technical implementation. This role serves as a technical resource across income tax accounting and emerging tax legislation, partnering closely with Finance, Treasury, Legal, and external advisors to ensure compliance and accurate financial reporting.

Tax Provision (ASC 740)

• Manage the consolidation efforts of the annual and income tax provision process under ASC 740, including current and deferred tax calculations.
• Prepare and review effective tax rate (ETR) analysis including various management metrics.
• Maintain and reconcile deferred tax assets and liabilities, including the associated valuation allowance analysis.
• Identify and incorporate the income tax provision impact of intercompany transactions, separate company calculations, and consolidated return adjustments.
• Coordinate with external auditors on tax provision review and sign-off; responding to audit inquiries and information requests.
• Enhance tax provision models, processes, and internal controls to support accuracy and efficiency.
• Prepare tax footnotes and disclosures for financial statements in compliance with U.S. GAAP.

Investment Tax