SVP, Accounting Policy Leader

unlimited holidays - extra parental leave - fully flexible
Work set-up: 
Full Remote
Contract: 
Experience: 
Senior (5-10 years)
Work from: 

Offer summary

Qualifications:

Bachelor's degree in Business, Economics, Accounting, or related field., Internationally recognized accounting designation (e.g., CPA, CA)., Minimum of 15 years of relevant experience in re/insurance, with at least 10 years in public accounting (Big 4 preferred)., At least 5 years in a senior leadership role with expertise in multiple reporting standards..

Key responsibilities:

  • Lead the development and maintenance of enterprise accounting policies across various standards.
  • Serve as the primary technical advisor on complex transactions and new accounting standards.
  • Collaborate with cross-functional teams to ensure accounting policy alignment and support external reporting.
  • Provide technical guidance, training, and support for audit and regulatory reviews.

Fortitude Re logo
Fortitude Re Insurance Scaleup http://www.fortitude-re.com/
201 - 500 Employees
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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 $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 SVP, Accounting Policy Leader will also lead the group-wide Accounting Policy function and, in conjunction with an underlying team of accounting professionals, will lead the development, and maintenance of accounting policies and procedures; monitor, assess and communicate the effects of proposed new transactions and accounting standard changes; and spearhead the implementation of new accounting standards and development of relevant accounting policies across multiple reporting bases including U.S. GAAP/SEC, Bermuda statutory & EBS and US statutory (NAIC) reporting. The position reports to the Chief Accounting Officer.  

What You Will Do:

  • Lead the analysis, development, documentation, and maintenance of enterprise accounting policies in accordance with U.S. GAAP, SEC, NAIC, Bermuda statutory & EBS requirements.
  • Serve as the primary technical accounting advisor for complex transactions, including reinsurance, M&A, structured investments, and strategic ventures.
  • Monitor and interpret new accounting standards and regulatory developments; assess their impact and partner with Finance New Transaction Integration team to lead implementation efforts.
  • Collaborate with Finance, Legal, Investments, Actuarial, and Risk teams to ensure accounting policy alignment with operational execution.
  • Partner with other functions on the development and maintenance of non-GAAP reporting measures and their associated implications on business segment reporting and external reporting (e.g. MD&A reporting).
  • Maintain current knowledge of topics arising from the FASB, AICPA, NAIC, BMA and all other governing bodies.
  • Provide real-time technical guidance and training to finance teams and business leaders.
  • Oversee the preparation of technical accounting memos and whitepapers to support audit and regulatory reviews.
  • Support internal controls over financial reporting (ICFR) with a focus on technical accounting risk areas.
  • Represent the company in discussions with external auditors and regulators on accounting policy matters.

What You Will Have:

  • Undergraduate degree in Business, Economics, Accounting, or similar discipline.
  • Internationally recognized accounting designation (e.g. CPA,CA) and a minimum of 15 years of relevant post-qualification experience within re/insurance (10+ years in public accounting preferred – Big 4 preferred).  At least 5 years in a senior leadership role.
  • Deep expertise in re/insurance industry financial reporting requirements across multiple reporting bases: experience across U.S. GAAP, Bermuda statutory and economic reporting, SEC reporting and US statutory (NAIC) standards required with demonstrable experience in both Property & Casualty and Life & Annuity lines of business.
  • Demonstrated progressive leadership and experience building effective teams and organizations
  • Demonstrated success working and collaborating cross-functionally across various departments and levels of the organization.
  • Foster a collaborative and inclusive team culture, encouraging teamwork and mutual respect.
  • Be a strategic thinker able to analyze and solve complex problems.

#LI-Remote

The base 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 base salary, all employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package.  

Base Salary Range
$280,000$300,000 USD

At Fortitude Re, 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 within 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 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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Required profile

Experience

Level of experience: Senior (5-10 years)
Industry :
Insurance
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Strategic Thinking
  • Collaboration
  • Problem Solving
  • Leadership

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