Fortitude Re has appointed Jamie Schmerer as SVP, Enterprise Risk, where he will lead the firm’s regulatory relations efforts in Bermuda and oversee its enterprise risk management framework, including risk governance, risk appetite, and risk reporting.
Schmerer is additionally tasked with running Fortitude Re’s Operational Risk function to “ensure seamless integration of operational risk management into the company’s overall enterprise risk framework”.
He most recently served as SVP, Head of Internal Audit for Fortitude Re.
Before joining Fortitude Re in 2019, Schmerer held a leadership role at KPMG Bermuda’s internal audit and risk consulting practice.
Ming Zhang, Chief Risk Officer at Fortitude Re commented, “Jamie’s expertise, coupled with his track record of success makes him an ideal candidate for this role.
“Jamie’s appointment highlights our commitment to our teammates’ growth and opportunity at Fortitude Re and is a testament to our culture and deep bench of talent, of which we are immensely proud.”
Schmerer himself added, “I am honoured to serve on the board of directors for this organization, which is vital to the growth and success of the reinsurance industry in Bermuda.
“I look forward to working with my fellow directors to advance advocacy and foster meaningful change both within the industry and the Bermuda community.”
