AVP, Investment Operations

Overview

Fortitude Reinsurance Company Ltd. (Fortitude Re) is a leading provider of legacy reinsurance solutions, working with the world  leading insurance companies to execute 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. Incorporated under the laws of Bermuda on January 1, 2017, Fortitude Re  leadership has an average industry tenure of over 20 years.

The company is backed by a consortium of institutional investors led by The Carlyle Group and T&D Insurance Group. Fortitude Re  deep insurance experience and proprietary risk modeling capabilities enable bespoke transactions that benefit insurance companies and policyholders.

Position Summary

AVP, Investment Operations plays a critical role in supporting the investment, portfolio management, and operations functions of a growing private credit platform. This individual acts as a key liaison between the investment teams, operations, fund administrators, investment accounting, and external counter parties. The role requires strong analytical skills, diligence, and the ability to operate effectively in a fast-paced, transaction-driven environment.

Support Business Growth

• Support the onboarding of new reinsurance deals into the Investments Operational infrastructure, driving standardization and process improvements.
• Manage the onboarding of new asset managers and their integration onto the Fortitude-Re platform (e.g., funds, separately managed accounts, direct investments).
• Support onboarding and due diligence of new investment vehicles, managers, and operational setups.
• Develop deep relationships with external managers, custodians, and administrators, serving as a key contact for proactively resolving operational issues.

Investment Lifecycle Support

• Oversee all processes for private credit investments including funded/unfunded commitments, delay-draw facilities (CML, RML) and structured notes; coordinate funding requirements across treasury and finance teams.
• Own post-trade operations and settlement workflow by collaborating with custodians, administrators, and counter parties; identify and resolve issues and implement process improvements.
• Coordinate capital calls and distributions with fund administrators and cash management teams; monitor liquidity requirements for funds and separately managed accounts to ensure timely funding of transactions and expenses.
• Identify process gaps and implement scalable solutions to support business growth.

Controls Process and Documentation

• Review and maintain standard procedures across multiple functions.
• Oversee control processes and drive operational excellence.
• Own and enhance KPI framework and metrics to proactively identify issues and drive process and control improvements.
• Work closely with the Data team to leverage data architecture improvements.
• Lead and review the development of automated reports and dashboards to facilitate portfolio management and information sharing with key stakeholders.

Cross Functional Collaboration

• Act as a trusted operational resource to investment professionals, providing guidance on structuring, operational feasibility, and execution considerations.
• Bridge between investment professionals, legal, treasury, accounting, and external administrators.
• Provide operational insights to support investment decision-making and portfolio construction.
• Address ad-hoc inquiries relating to data, investment activities, etc.
• Mentor junior analysts and contribute to team knowledge sharing and best practices.

What You Will Have

• Bachelor  degree preferably in Finance, Accounting, Economics, or a related field
• 7+ years of investment operations, fund accounting, Middle Office, and/or asset management processes
• Strong working knowledge of fixed income securities with experience in private credit, private equity, real assets, or structured/illiquid assets
• Exposure to insurance or reinsurance investment portfolios, statutory reporting, or regulated asset managers strongly preferred
• Excellent communication and organizational skills with the ability to manage…