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SVP, Accounting Policy Leader

Fortitude Re
Remote
United States
Remote Accounting

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.

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