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 10-week Internship Development Program, where you will have the opportunity to apply knowledge gained through your college courses. Becoming a life actuarial intern is a great way to enhance your actuarial foundation and knowledge 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 Nashville, TN office and will run from June 2, 2025, through August 8, 2025.
What You Will Do:
Actuarial professionals have the pivotal role in driving the results at Fortitude Re and are integral to the company’s success with their expertise in quantitative analysis, insurance pricing, valuation, and risk quantification.
Specifically, the Fortitude Re Life Actuarial team is responsible for determining reserve valuations and financial reporting; developing long-term projections of our insurance products to be used for a variety of internal analytical and regulatory purposes; performing experience studies; and setting assumptions for Life, Annuity, and Accident & Health blocks of insurance.
Interns will join our life actuarial team which offers a unique opportunity to obtain core technical knowledge and professional skills across business lines. In addition to the experience acquired on the job, interns will complete a capstone project on a cross-functional team and have the opportunity to learn directly from senior management. The comprehensive Internship Development Program offers classes on various aspects of the business, opportunities for volunteerism, presentations, panels, and social events.
What You Will Have:
Fortitude Re seeks rising seniors who have excelled in previous work experience, demonstrated outstanding academic and extracurricular achievement, possess strong analytical, quantitative, and interpersonal skills, and are enthusiastic about and committed to the insurance industry. You must graduate between November 2025 and July 2026 to be eligible for this internship opportunity.
The ideal candidates will be bold thinkers with an entrepreneurial spirit and will possess a powerful blend of IQ (technical skills, consistent learning, statistical & financial acumen) and EQ (adaptive communication, empathy, listening skills, challenging with humility).
We also look for a diverse background of experience, culture, and thought. Successful candidates typically have a global perspective and a record of successful teamwork.
Preference will be given to candidates who have already passed at least one actuarial exam administered by the Society of Actuaries. Candidates must be available to work in Nashville for all 10-weeks of the program. In addition to competitive compensation, relocation assistance will be provided if the candidate is not currently based in or around Nashville.
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.
The standard benefits listed below are offered to full time employees.
What We Offer:
We offer our employees competitive benefits in a fast-paced, dynamic and nimble culture including:
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)
Last updated on Jul 30, 2024
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