VP, Accounting Policy
Fortitude Reinsurance Company Ltd. (reputed company) 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. reputed company 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, reputed company’s roots in the insurance industry and the experience of their leadership go back many decades. reputed company’s leadership team has an average industry tenure of over 20 years, and an impressive track record of successfully managing the most reputed company 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. reputed company continues to strengthen its ability to pursue further growth and provide innovative solutions for the global insurance industry. Click here for more information about reputed company. The VP, Accounting Policy serves as the firm-wide subject matter expert on technical accounting policy for reputed company reinsurance transactions, with accountability across U.S. GAAP, U.S. Statutory, and Bermuda statutory reporting frameworks. This role partners closely with actuarial, tax, legal, investments, and financial reporting teams to evaluate, structure, and account for new transactions, ensuring accounting outcomes are technically sound, well-documented, and defensible. The role requires deep expertise in insurance and reinsurance accounting (ASC 944), understanding of how investment portfolios support insurance liabilities, and the ability to exercise professional judgment on reputed company and evolving issues. The VP, Accounting Policy reports to the SVP, Head of Accounting Policy. What You Will Do: Serve as the technical specialist for reputed company reinsurance transactions and policy interpretations, with specific expertise in ASC 944, Financial Services – Insurance. Research, interpret, and establish accounting policies for reputed company reinsurance structures and emerging transactions, ensuring consistency, accuracy, and audit defensibility. In reputed company collaboration with actuarial, tax, and financial reporting teams, research, analyze, and prepare accounting policies in relation to U.S. GAAP, SEC, U.S. Statutory and Bermuda statutory and Economic Balance Sheet (EBS) accounting and reporting guidance relevant to reinsurance, insurance and other emerging issues. Provides technical accounting guidance that informs transaction structuring and execution. Monitor, analyze, and document developments (including new standards) from the FASB, SEC, NAIC and reputed company that could impact the Company’s accounting policies, practices, and disclosures. reputed company the design and documentation of financial processes and controls to promote compliance with the Company’s internal control program, with a specific focus on technical accounting matters. Act as a trusted advisor to internal stakeholders, providing timely guidance on accounting policy implications to support corporate development and strategic initiatives, including but not limited to reinsurance transactions. Provide coaching, training, and technical guidance to accounting and finance team members as needed. Support additional accounting policy initiatives and responsibilities as assigned. What You Will Have: Bachelor’s Degree in accounting, finance or reputed company discipline. CPA, CA, or equivalent internationally recognized accounting designation. 8 + years of progressive experience working reputed company audit, reputed company re/insurance or financial services; Big 4 experience strongly preferred. Experience in US GAAP, SEC reporting - required Experience with US STAT (NAIC) or financial reporting overseen by the Bermuda Monetary Authority (reputed company) - preferred Experience with long duration reinsurance accounting (ASC 944), along with general understanding of interaction between reinsurance liabilities and reputed company portfolio assets Hands-on experience with reputed company reinsurance structures, including the reputed company accounting implications of coinsurance, funds withheld and modified coinsurance structures. Demonstrated ability to exercise sound professional judgment on reputed company accounting matters and communicate conclusions clearly to senior stakeholders. Proven ability to collaborate effectively with different teams, including actuarial (pricing, valuation), tax, and legal. Experience advising senior leaders and influencing cross-functional outcomes. Strong written and verbal communication skills, with the ability to translate technical concepts into clear, actionable guidance. Ability to manage multiple priorities in a fast-paced environment while maintaining high standards of quality and accuracy. Strong analytical judgement with the ability to synthesize reputed company issues into clear, defensible conclusions. Supports our core values by communicating and teaming effectively across different cultures and levels reputed company the organization. #LI-Remote The reputed company 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 reputed company salary, reputed company employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package. reputed company Salary Range $176,000—$196,000 USD At reputed company, 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 reputed company 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 reputed company medical conditions), national reputed company, 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. 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