Full-Time

AVP – Test Manager

Posted on 11/26/2025

Fortitude Reinsurance

Fortitude Reinsurance

501-1,000 employees

Acquires and manages legacy runoff liabilities

Compensation Overview

$130k - $150k/yr

+ Annual bonus

Nashville, TN, USA

In Person

Category
QA & Testing (2)
,
Requirements
  • Minimum of Bachelor's degree with Master’s preferred in Computer Science, Information Technology, or equivalent.
  • Minimum of 7+ years in software testing, quality assurance, or test management, preferably within financial services or insurance.
  • Deep understanding of regulatory and compliance-driven testing in a highly controlled environment.
  • Demonstrated experience managing testing across large-scale, multi-stream transformation programs.
  • Proven ability to work within Agile, Waterfall, and hybrid delivery models in high-stakes or enterprise-critical contexts.
  • Skilled in establishing and scaling testing frameworks and governance from the ground up
  • Ability to translate complex testing concepts into clear language for non-technical stakeholders
  • Strong reporting skills with experience in test metrics, dashboards, and defect triage sessions
  • Track record of identifying test process improvements and implementing automation or quality assurance enhancements across multiple releases.
  • ISTQB, CSTE, or equivalent certification.
  • Working knowledge of tools such as Microsoft Office Suite, SharePoint, Wrike, GitHub, and Jira or equivalent.
Responsibilities
  • Design and implement end-to-end test strategies that cover e.g. unit, system integration, user acceptance, regression and performance testing.
  • Develop a comprehensive test management playbook, including but not limited to best practices, templates, tools, etc.
  • Build scalable, repeatable testing processes aligned with evolving risk profiles and compliance standards.
  • Work with both technical teams (developers, architects, DevOps) and business stakeholders (product owners, SMEs, end users) to coordinate testing efforts for key programs:
  • Test planning activities: develop test scripts, scenarios, conditions, environment configurations, and entry/exit criteria with full requirements traceability
  • Oversee defect management including intake, fix lists, validation testing, and feedback loops
  • Communicate test progress, risks, and mitigation plans to program/executive leadership
Fortitude Reinsurance

Fortitude Reinsurance

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Fortitude Reinsurance buys and manages legacy insurance blocks, mainly life, annuity, and P&C runoff, to free clients' capital. It holds the liabilities and related assets, earning returns from investments and by running down the blocks over time. With a global footprint centered in Bermuda, it is backed by The Carlyle Group and T&D Holdings, giving it strong financial backing. Its goal is to help insurers optimize capital and protect policyholders while expanding its reinsurance business.

Company Size

501-1,000

Company Stage

Growth Equity (Non-Venture Capital)

Total Funding

$2.1B

Headquarters

Hamilton, Bermuda

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • Launched Fortitude Carlyle Asia Reinsurance in 2024 with $700M capital targeting Asian annuities.
  • Secured $4B reinsurance deal with Taiyo Life and Unum Life agreement in 2024.
  • Raised $500M notes for FLIAC, boosting liquidity for legacy block acquisitions.

What critics are saying

  • James Bracken's 2024 exit to Zurich erodes strategic execution in U.S. operations.
  • Greta Hager's August 2024 CFO start disrupts Asia expansion financial oversight.
  • Apollo's Athene captures U.S. life runoff market share through 2026.

What makes Fortitude Reinsurance unique

  • Fortitude Re specializes in acquiring runoff life, annuity, and P&C insurance blocks from global insurers.
  • Bermuda-based with U.S. platform via Fortitude U.S. Reinsurance Company acquired in 2022.
  • Backed by Carlyle Group and T&D Holdings for capital-intensive legacy reinsurance deals.

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Benefits

Hybrid Work Options

Performance Bonus

Company News

Conyers
Nov 1st, 2025
Fortitude Re's Formation and Launch of Fortitude Carlyle Asia Reinsurance, Ltd.

Fortitude Re's formation and launch of Fortitude Carlyle asia reinsurance, ltd. Conyers advised FGH parent, L.P. ("FGP", and together with its subsidiaries, "Fortitude Re") in connection with the structuring, formation and launch of Fortitude Carlyle asia reinsurance, ltd. ("FCA Re"), and its affiliated holding entities. Fortitude Re, a leading global reinsurance company, partnered with global investment firm Carlyle (NASDAQ: CG) to form FCA Re as a Bermuda-based Class E reinsurance sidecar, to support Fortitude Re's strategic expansion into the Asian life and annuity market. FCA Re has secured over US$700 million in deployable capital, including equity and expected debt capacity. In addition to Fortitude Re and Carlyle, equity commitments were made by a consortium of institutional investors including T&D Insurance Group, AllianceBernstein, Shinhan Life, and the National Pension Service of Korea (NPS). Fortitude Re will act as the insurance sponsor, while Carlyle will serve as the asset management sponsor. Upon full capital deployment, FCA Re is expected to contribute approximately US$10 billion in fee-earning assets under management to Carlyle. The Conyers team led by Jacqueline King advised on all aspects of Bermuda law and regulation relating to the structuring of FCA Re, the capital raised through both equity and debt financing, and obtaining the licensing and transaction related approvals to ensure FCA Re was licensed to reinsure initial flow and block reinsurance transactions from Fortitude Re related to whole-life products and fixed annuity products. Director Jacqueline King, Senior Associates Alexis Haynes and Kathleen McBeath, and Associates Jacari Brimmer-Landy and Ryann Hollis provided Bermuda law advice on this matter, working alongside Debevoise & Plimpton LLP. Partner Anna-Lise Wisdom and Associate Farrah Miller provided Cayman Islands law advice.

Intelligent Insurer
Sep 30th, 2025
Fortitude Re Raises $500M in Notes

Fortitude Re, a Bermuda-based reinsurer, has raised $500 million through the funding agreement-backed note market for its Fortitude Life Insurance & Annuity Company (FLIAC).

Newton Media Ltd
Sep 30th, 2025
Fortitude Re raises $500m via funding agreement-backed notes

Fortitude Re raises $500m via funding agreement-backed notes.

Reinsurance News
Mar 21st, 2025
Fortitude Re announces $4bn reinsurance agreement with Taiyo Life

Fortitude Re announces $4bn reinsurance agreement with Taiyo Life.

The Royal Gazette
Feb 27th, 2025
Fortitude Re subsidiary signs reinsurance deal with Unum Life

Fortitude Re subsidiary signs reinsurance deal with Unum Life.

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