Associate, Investment Operations

Overview

Fortitude Reinsurance Company Ltd. (Fortitude Re) is a leading provider of legacy reinsurance solutions, working with major insurance companies to implement 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 is backed by The Carlyle Group and T&D Insurance Group and was incorporated under Bermuda law on January 1, 2017.

The leadership team has deep industry experience and a track record of managing complex legacy liabilities.

Fortitude Re’s experience and risk modeling capabilities enable bespoke transactions that benefit insurance companies and policyholders.

Associate, 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 liaison between investment teams, operations, fund administrators, investment accounting, and external counter parties. The role requires strong analytical skills, attention to detail, and the ability to operate in a fast-paced, transaction-driven environment.

Support Business Growth

• Support onboarding new reinsurance deals into the Investments Operational infrastructure by creating new portfolios and ensuring portfolio mapping is in place.
• Facilitate onboarding of new asset managers and their integration onto the Fortitude-Re platform (e.g., funds, separately managed accounts, direct investments).
• Support onboarding of new funds, vehicles, and investment products by coordinating AML/KYC, subscription documents, investment management agreements, and operational setups.

Investment Lifecycle Support

• Coordinate 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.
• Support post-trade operations and settlement workflow by working with custodians, administrators, and counter parties; proactively identifying and resolving issues and implementing process improvements.
• Identify process gaps and assist with implementation of scalable solutions to support business growth.

Controls Process and Documentation

• Maintain standard procedures across multiple processes.
• Perform auditable control checks on key processes (e.g., portfolio creation, asset transfers, and cash movements).
• Produce, maintain, and monitor KPI metrics, escalating identified issues.
• Identify process inefficiencies and support automation, system enhancements, and expanded use of AI to drive operational effectiveness.
• Assist in development of automated reports and dashboards to facilitate management of the investment portfolio and sharing of information with key stakeholders.

Cross Functional Collaboration

• Track and 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.
• Address ad-hoc inquiries relating to data, investment activities, and reconciliation issues.

What You Will Have

• Bachelor's degree preferably in Finance, Accounting, Economics or a related field
• 2-5 years of investment, accounting, middle office and/or data analysis experience
• Strong working knowledge of fixed income securities and good understanding of private credit and alternative instruments
• Familiarity with investment structures common in insurance and reinsurance is a plus.
• Inquisitive mindset with the ability to research issues and present clearly proposed remedial actions.
• Excellent communication and organizational skills with the ability to manage multiple priorities under tight deadlines.
• Ability to work collaboratively within a team and across departments.
• Detail-oriented mindset with a commitment to continued learning, accuracy and process efficiency.

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…