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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

The Fortitude Re Group manages approximately $101 billion in general and separate account insurance reserves and administers over 4 million insurance policies. The foundations of our business model are our exceptional insurance professionals and the support of the world’s most sophisticated insurance investors, including Carlyle and T&D Insurance Group. Our people, our capital strength and our capabilities drive strategic reinsurance solutions designed to meet our clients’ highest priority goals and to create sustainable, long-term value for our shareholders, our teammates, and the communities in which we operate. For more information visit, www.ir.fortitude-re.com and follow Fortitude Re on LinkedIn.

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  • Mary Beth Conklin

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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.