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

Jersey City, Nueva Jersey, EE. UU. Sol. nº 325
lunes, 28 de marzo de 2022


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.


  • 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

Otros detalles

  • Grupo de puestos AC - Actuarial
  • Función del puesto VP
  • Tipo de pago Salario
Location on Google Maps
  • Jersey City, Nueva Jersey, EE. UU.