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Fortitude Re

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Fortitude Re

AVP, Corporate Development

Jersey City, NJ · Hybrid

... for Fortitude Re globally. The role partners closely with corporate development senior leadership, cross-functional stakeholders, and external advisors. This role will be based in our Jersey City ...

Socotra, Inc.

AVP, Automated Controls

Oregon, WI · On-site

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 ...

Socotra, Inc.

$150 - $230/hr

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 ...

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Infographic showing various job openings at Fortitude Re in the United States as of August 2026, with employment types broken down into 5% Internship, and 95% Full Time. Highlights an 58% Physical, and 42% Hybrid job distribution.

Vice President, P&C Assumed Claims and In-Force Management

fortitude

Jersey City, NJ • On-site

Full-time

Re-posted 19 days ago

Job description

Position:
Reporting to the Chief P&C Reinsurance Officer, this experienced leader will be responsible for overseeing the reinsurance loss experience on, and overall performance of, the 15+ loss portfolio transfer reinsurance agreements between Fortitude Re and its ceding companies (total ~$4.5B of net reserves) as well as future P&C reinsurance portfolios that Fortitude Re closes and onboards in the future.

Activities and Responsibilities:

  • Tracking, monitoring, and directing reinsurance claims experience on Fortitude Re's in-force portfolio;
  • Establishing a "playbook" and metrics for oversight, including cedant-reinsurer meeting cadence and agendas and presentation and analysis of claims data;
  • Assisting with, and validating the claims aspects of, the applicable reinsurance settlement processes;
  • Managing the reinsurance audit process;
  • Serving as a primary point of contact for claims matters requiring or allowing for Fortitude Re consultation rights;
  • Understanding and exploring the extent of potential losses in Fortitude Re's P&C reinsurance portfolios in situations in which Fortitude's third-party P&C claims administrator is not directly handling claims;
  • Validating inuring reinsurance recoverables to ensure that Fortitude Re is only reinsuring its cedants' net exposure (where applicable);
  • Monitoring erosion of reinsured policy aggregates;
  • Identifying, advancing, and resolving contractual and other claims-related disputes between Fortitude Re and its ceding companies;
  • Working collaboratively within Fortitude Re and with its deal counterparties to integrate newly-acquired P&C business; and
  • Managing E&O and other claims-related reinsurance issues, in concert with legal and other resources.


Requirements:

  • 10 or more years of progressive management experience in P&C claims, preferably with experience with ceded or assumed reinsurance
  • JD or insurance industry designation (CPCU, ARM) strongly preferred
  • Functional knowledge of the P&C legacy market and legacy/run-off transaction types (including loss portfolio transfers, adverse development covers, insurance business transfers, and commutations and novations)
  • Proven ability to analyze reinsured claim trends and identify emerging reinsurance claims issues
  • Ability to analyze reinsurance contracts and execute on plans to enforce the reinsurer's rights, duties and obligations and respects reinsured claims and losses
  • Ability to balance a customer-centric focus with the willingness to respectfully challenge Fortitude Re's ceding companies on reinsurance coverage, claim allocation, inuring reinsurance, and other related issues
  • General fluency in P&C actuarial and finance principles, including familiarity with rating agency and regulatory capital models
  • Ability to effectively synthesize and communicate observations and insights and convert into actionable plans
  • Willingness and ability to confidently, comfortably, and effectively communicate with brokers, counterparties, investors and regulators, on occasion and as appropriate
  • Readiness to work collaboratively with a small, experienced group of Fortitude Re leaders in a high-performance, goal-oriented environment

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