Fortitude Re appoints head of inside audit

Fortitude Re has introduced the appointment of Carla Albertze (pictured above) as senior vice chairman (SVP), head of inside audit.

In her new function, Albertze will lead Fortitude Re’s inside audit crew to make sure the effectiveness and effectivity of the corporate’s inside controls, danger administration processes, and governance procedures.

 

Albertze brings in depth expertise to the place, having beforehand served as vice chairman, inside audit. Her tasks included performing audits in areas comparable to deal pricing, mannequin danger administration, system implementations, information migrations, and enterprise danger administration.

She joined Fortitude Re from KPMG, the place she performed exterior audits of SEC registrants and labored with purchasers within the reinsurance trade.

Albertze is a Licensed Chartered Accountant and a member of each the South African Institute of Chartered Accountants and the Chartered Skilled Accountants of Bermuda.

Richard Patching, chairperson of Fortitude Re’s board of administrators audit committee, highlighted Albertze’s experience that she brings into this increased function.

“All through Carla’s profession, she has demonstrated a deep understanding of regulatory necessities, trade greatest practices and rising dangers, which has positioned her as a trusted chief in trade. Her experience, coupled along with her confirmed monitor file of driving effectivity, transparency and accountability shall be instrumental to Fortitude Re’s continued success,” Patching stated.

“I’m grateful for this chance, and I sit up for supporting Fortitude Re in reaching its goals and additional strengthening our robust tradition of company governance and rigorous inside controls,” Albertze stated.

In different current developments, Fortitude Re introduced the promotion of Jamie Schmerer to the place of senior vice chairman, enterprise danger, again in April.

On this new function, Schmerer’s tasks will lengthen to main the corporate’s regulatory relations in Bermuda and supervising the operational danger operate to make sure its efficient integration.

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