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Enterprise Risk Managment Intern - Summer 2025

unlimited holidays - extra parental leave - fully flexible

Remote:

Hybrid

Contract:

Internships

Salary:

106 - 106K yearly

Experience:

Entry-level / graduate

Work from:

Jersey City (US)

Offer summary

Qualifications:

Currently pursuing a bachelor's degree, Major in actuarial, risk management, or related fields, Excellent analytical and problem-solving skills, Ability to learn data visualization tools.

Key responsabilities:

Collaborate with ERM teams on initiatives
Support preparation of risk reports and findings
Participate in meetings on risk strategies
Ensure compliance with regulatory requirements

Fortitude Re Insurance Scaleup http://www.fortitude-re.com/

201 - 500 Employees

See more Fortitude Re offers

Job description

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 $55 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.

Be a part of our 9-week Internship Development Program, where you will have the opportunity to apply knowledge gained through your college courses. Becoming an Investment Analytics Intern is a great way to enhance your business acumen and gain insight into our industry. Interns are placed into meaningful roles that have an immediate and integral impact on the business. The internship will be based in our Jersey City, NJ office and will run from June 2, 2025, through August 1, 2025. You must be available for all 9 weeks of the program.

Fortitude Re's Enterprise Risk Management (ERM) Department works to manage and control risks to Fortitude Re's capital and future earnings through active risk monitoring and analysis, business oversight, strategic assessment of current and emerging risks, and implementation of business controls. We focus primarily on financial market risks, insurance risks, operational quality assurance and continuity, and compliance with insurance accounting requirements.

As an Enterprise Risk Management Intern, you will have the opportunity to work closely with the team and contribute to important risk management initiatives, helping to identify and mitigate potential risks across the organization. This position provides a solid foundation for building a successful career in risk management and offers valuable exposure to the reinsurance industry.

What You Will Do:

Collaborate with ERM teams to support various business functions within Enterprise Risk Management.
Work with internal SMEs on key initiatives.
Support the preparation of risk reports, including risk assessment findings and recommendations.
Participate in meetings and discussions relating to risk assessment and mitigation strategies.
Collaborate with the ERM team to ensure compliance with regulatory requirements.

What You Will Have:

Must be a rising Senior currently pursuing a bachelor's degree as a rising senior in actuarial, risk management, quantitative finance or a related field.
Excellent analytical and problem-solving skills, with strong attention to detail.
Ability to learn and use analytic software packages, data visualization tools, and Microsoft Office applications.
Effective communication and interpersonal skills.
Proactive and self-motivated with a strong sense of responsibility.
Ability to handle multiple tasks and prioritize workload.

Applicants must be authorized to work for any employer in the U.S. We are unable to consider applicants who will now or in the future require sponsorship for an employment visa.

What We Offer:

We offer our employees competitive benefits in a fast-paced, dynamic and nimble culture including:

Unlimited PTO policy
Up to 12 paid company holidays
Up to 16 hours per year of paid volunteer time
Competitive 401(k) plan - US Employees Only
Paid parental leave
Learning and Development Stipend
Mental Health and Wellbeing support
Health, vision, dental, and life insurance with additional access to health and wellness programs
Flexible working environment
Actuarial Exam Support through our Actuarial Development Program (ADP) for Actuarial employees
Actuarial Program Rotation for ADP employees
For all Actuarial Life AVP and above roles not based out of our Nashville, TN office: 30% travel is required to our Nashville, TN office

At Fortitude Re, we believe that diversity and inclusion are critical to our future and our mission- creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

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 related medical conditions), national origin, 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.

To all recruitment agencies: Unless you have been requested to work on this position, or other positions with Fortitude Re, please do not forward any resumes to Fortitude Re employees. Fortitude Re is not responsible for any fees related to unsolicited resumes.

Check us out on YouTube: About Fortitude Re (youtube.com)

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