Information Technology Associate

Company: Fortitude Re
Location: Jersey City
Posted on: May 8, 2024

Job Description:

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. Click here for more information about Fortitude Re.

Position Summary

We are currently seeking a talented Business Applications Support Analyst for our Nashville location.

Responsibilities

• Preferred Industry specific ( Insurance/ Reinsurance)
• Experience in setting up AP configuration that includes, bank accounts, banks, bank relationship, statements, payments and methods with specific integration method of Multi Bank connectivity.
• Error handling of AP payments, dashboard set ups and status reports
• Functional expertise/ configuration in several finance areas - GL accounts, company codes, cost centers, FSVs, Hierarchies and Trail balance reports
• Gather requirements and preparing configuration steps and test cases
• Knowledge of Coupa Procurement platform
• Prepare and maintain application system documentation and manuals
• Testing for all development and config items
• Cash & liquidity management operation is a plus ( exposure builds)
• Monitor payments and provide daily report of dashboards
• AWS security roles, CDS views, queries
• Ability to work across functional groups to bring teams together and accomplish project goals and objectives Requirements
  • Bachelor's Degree or 4 additional years of related experience beyond the minimum in lieu of a degree
  • Proficient knowledge of Microsoft Office tools
  • Willingness to learn SAP S/4, Coupa and other business platforms as required
  • Ideally from an Agile (Scrum, SAFe) background with knowledge of User Story Creation, knowledge of or willing to be trained in BDD (Behavioral Driven Development)
  • Knowledge of SAP S/4 Hana Public Cloud platform
  • Knowledge of Dayforce
  • Overall understanding of SAP finance architecture It 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.
    
    Other details
    • Job Family IT - Information Technology
    • Job Function Associate/Sr Associate
    • Pay Type Salary
      
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Keywords: Fortitude Re, Vineland , Information Technology Associate, IT / Software / Systems , Jersey City, New Jersey