Investment Operations

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 Assistant Vice President, Investment Operations – New Business & Nonstandard Transactions, is a senior individual contributor responsible for independently leading the operational assessment, onboarding, and stabilization of complex investments and transactions that fall outside established structures or standard workflows. Applying deep investment operations expertise and judgment, the role develops solutions for highly complex or undefined operational issues and coordinates cross-functional execution across new reinsurance transactions, SPV structures, sidecars, bespoke investments, and other non-standard activity

The role will independently assess non-standard features early in the investment process and lead the operational response from pre-trade assessment through settlement and ongoing administration. The AVP will work closely with the Front Office, Portfolio Managers, Investment Operations, Treasury Operations, Investment Accounting, Finance, Technology, Risk, Legal, and external service providers to define processing requirements, ownership, data flows, approvals, and escalation paths.

This individual will establish practical controls and procedures for each transaction, confirm operational readiness before execution, and transfer repeatable activities into business-as-usual operations. The role requires deep investment operations knowledge, sound judgment, good analytical skills, strong collaboration and influencing skills and the ability to convert complex transaction terms into clear operating processes.

This role will be based in our Jersey City, NJ office on a hybrid basis.

What You Will Do: