Fortitude Re
AVP, Talent Management
Fortitude Re, Jersey City, New Jersey, United States, 07390
Fortitude Re is a liability-led reinsurer of legacy insurance portfolios complemented by sophisticated investment capabilities. In 2016, AIG created a “Legacy” portfolio as a separate non-core segment representing insurance reserves associated with discontinued lines of commercial Property & Casualty and Life & Annuity insurance businesses. The following year, AIG formed a Bermuda-domiciled composite reinsurer, now Fortitude Re, to house the Legacy portfolio in a separate, distinct, well-capitalized balance sheet with a dedicated management team. In 2018, the company entered into a series of L&A and P&C reinsurance transactions with AIG and received an initial capitalization of ~$3 BN. The transactions represented ~$37 BN of reserves supported by ~$40 BN of invested assets. During this time, AIG also entered into a long-term partnership with The Carlyle Group, with Carlyle acquiring 19.9 % ownership. Then in 2019, The Carlyle Group and T&D announced acquisition of majority interest in Fortitude Re from AIG. This allowed for a new long-term shareholder base for the company while maintaining a strong capital position for supporting reinsurance obligations.Focus/ScopeLearning and developmentPerformance managementJob SummaryThe Assistant Vice President, Talent Management will coordinate and support the Company’s learning and development and performance management projects, processes, and practices. This incumbent will report to the Senior Vice President, Employee Experience.Key ResponsibilitiesLearning and DevelopmentAssist in the development and implementation of training programsFacilitate in-house led development modulesUtilize Cornerstone, Dayforce, and other relevant technology to develop learning activities, materials, instructor guides, and lesson plansReview evaluations of courses facilitated, objectives, and accomplishments to further enhance learning and development quality and impact at the CompanyTrain employees on HR issues and practicesCoordinate special programs such as internship and job rotationEffectively track employee time spent on development activities and manage reportingPerformance ManagementManage the annual performance cycle, including advisory, implementation, and oversight of a performance management strategy that enables a high-performing work environmentSupport the talent review process required to achieve Company goals and objectives and results in the creation of an internal bench of top talentCoordinate programs for workforce retention, promotion and succession planningCoordinate and support performance management-focused projects that align with the Company’s business goals and objectivesRequired Skills and AbilitiesKnowledge of current trends in effective learning and development methodsWorking experience with e-learning platforms and practicesModule creation and facilitation experienceExcellent interpersonal, collaboration, and conflict resolution skillsStrong analytical and problem-solving skillsExcellent organizational skills and attention to detailProven HR project management and budgeting experienceExcellent verbal and written communication skillsWorking knowledge of and experience with varied human resource information systemsProficient with Microsoft Office and Learning Management Systems (LMS)Education and ExperienceDiploma or Bachelor’s degree in Human Resources, Business Administration, or related field requiredAt least 6 years of human resource experience requiredPrior experience working on an HR team in a start-up environment in the (re)insurance and/or financial services industry is preferredIt has been and will continue to be the policy of Fortitude Group Holdings, LLC, its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability, or any other legally protected categories.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.
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