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.
The SVP, Corporate Applications is a senior leadership role responsible for overseeing the strategy, design, development, implementation, and maintenance of enterprise-wide applications that support the organization's operations, processes, and strategic initiatives. Corporate Applications is inclusive of Financial, Legal, Compliance, and People & Culture systems and applications. This role will work closely with functional leaders to align strategy and ensure our technology solutions align and support their business objectives while adhering to our IT corporate strategy and standards. This role will report to the Chief Information Officer. This role will be aligned to our Jersey City, NJ office on a hybrid basis.
What You Will Do:
- Provide strategic direction and leadership in the development and management of corporate applications aligned with the organization's goals and objectives.
- Collaborate with business units, department heads, and stakeholders to understand their technology needs, align solutions, and ensure the effective utilization of corporate applications.
- Oversee the design, development, and deployment of corporate applications, ensuring they meet business requirements and enhance operational efficiency.
- Drive innovation by exploring emerging technologies and recommending suitable applications to improve business processes.
- Oversee the entire lifecycle of corporate applications, managing application portfolios, evaluating their performance, and identifying areas for improvement.
- Develop and implement strategies for application rationalization, consolidation, and modernization.
- Manage relationships with technology vendors, solution providers, and strategic partners to evaluate, select, and implement application solutions.
- Negotiate contracts, SLAs, and partnerships to ensure optimal value and support for corporate applications.
- Establish and enforce application governance, compliance, and security standards, ensuring adherence to regulatory requirements and industry best practices.
- Implement robust controls and measures to safeguard sensitive data within corporate applications.
- Lead, mentor, and develop a high-performing team of IT professionals and application developers, fostering a culture of innovation, collaboration, and continuous improvement.
- Set clear objectives, provide guidance, and evaluate team performance regularly.
- Communicate effectively with executive leadership and present technology strategies and updates.
What You Will Have:
- Bachelor's or Master's degree in Computer Science, Information Technology, or a related field. Advanced degrees (MBA, etc.) can be advantageous.
- Extensive experience (typically 12+ years) in IT leadership roles, with a focus on application development, implementation, and management.
- Previous experience in leading corporate application development, implementation, and management within large organizations.
- Strong understanding of enterprise-wide applications, technology trends, and their alignment with business objectives.
- Excellent leadership, strategic planning, and decision-making skills.
- Proven track record in managing complex application portfolios and delivering successful technology solutions.
- Exceptional communication, negotiation, and stakeholder management abilities.
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: $250,000 USD - $300,000 USD
What We Offer:
We offer our employees competitive benefits in a fast-paced, dynamic and nimble culture including:
- Unlimited PTO policy
- Up to 12 paid company holidays
- Up to 16 hours per year of paid volunteer time
- Competitive 401(k) plan - US Employees Only
- Paid parental leave
- Learning and Development Stipend
- Mental Health and Wellbeing support
- Health, vision, dental, and life insurance with additional access to health and wellness programs
- Flexible working environment
- Actuarial Exam Support through our Actuarial Development Program (ADP) for Actuarial employees
- Actuarial Program Rotation for ADP employees
- For all Actuarial Life AVP and above roles not based out of our Nashville, TN office: 30% travel is required to our Nashville, TN office
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)
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