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Jonathan Novak serves as President of Institutional Markets, the institutional life business of Corebridge Financial (CRBG). He also serves as the Head of Firmwide Strategy, Corporate Development, and Reinsurance. As President of Institutional Markets, he is responsible for overseeing the global pension risk transfer business, structured settlements, private placement annuity and life products, company-owned life…

PUBLISHED ON

5/7/2025

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Jonathan Novak serves as President of Institutional Markets, the institutional life business of Corebridge Financial (CRBG). He also serves as the Head of Firmwide Strategy, Corporate Development, and Reinsurance. As President of Institutional Markets, he is responsible for overseeing the global pension risk transfer business, structured settlements, private placement annuity and life products, company-owned life insurance, bank-owned life insurance, guaranteed investment contracts, and stable value wraps. As Head of Corebridge Strategy, he is responsible for coordinating all Mergers and Acquisitions, and Assumed and Ceded Reinsurance involving the Corbridge businesses. Prior to joining Corebridge/AIG, Mr. Novak was a Managing Director in the Financial Institutions Risk Management business of Goldman Sachs. Before his 12-year tenure at Goldman Sachs, he served four years at Berkshire Hathaway as an Associate in their Reinsurance Underwriting division. Mr. Novak earned a master’s degree in business administration from the University of California, Los Angeles and a bachelor’s degree in marketing and international business from the University of Notre Dame. Additionally, he holds a Chartered Financial Analyst designation.

About Fortitude Re

Fortitude Re is a leading global reinsurer focused on bespoke risk solutions, helping clients optimize capital and manage complexity with confidence. Backed by world-class investors, including Carlyle and T&D Insurance Group, the company oversees more than $100 billion in reserves. Fortitude Re is built on a foundation of deep expertise, disciplined execution and a people-focused culture. With a strong capital base and a commitment to innovation, Fortitude Re delivers tailored solutions that drive lasting value for clients, partners, and policyholders. For more information, visit fortitude-re.com and follow Fortitude Re on LinkedIn.

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Fortitude Re logo
  • OVERVIEW
    • Company Overview
    • Corporate Structure
    • Portfolio Highlights
    • Strategic Partners
  • NEWS + EVENTS
    • Press Releases
    • Events + Presentations
  • FINANCIALS
    • Financial Results
    • SEC Filings
    • Statutory Filings
    • Ratings
  • GOVERNANCE
    • Executive Team
    • Board of Directors
    • Code of Business
Conduct & Ethics
  • CONTACT US
  • Privacy Policy
  • Legal Notice
  • Terms Of Use
  • Disclaimer
  • © 2025 Fortitude Reinsurance Company Ltd. All Rights Reserved.